China's 2026 GDP target of 4.5-5% signals a strategic shift from high-speed growth to high-quality development, argues Zhu Fangfei. The moderated target serves as a "compass" for structural reforms, not economic contraction. It aligns with China's potential growth rate and keeps the country a leading global engine. Policies boosting consumption, investment, and supply-side upgrades will unlock growth potential. The numerical adjustment reflects structural improvement, not decline.
Biz Analysis
31-Mar-2026
