Economy

China: Long-game growth strategy – Standard Chartered

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In a significant move that signals a strategic pivot towards sustainable development, Standard Chartered economists Carol Liao and Shuang Ding project that China is likely to set its 2026 GDP growth target at 4.5–5.0%. This forecast will be unveiled at the upcoming National People’s Congress.

While this projection indicates a slight moderation compared to the expected 2025 target, it underscores China’s commitment to a ‘long-game growth strategy’. Rather than pursuing aggressive short-term targets, the nation appears to be prioritizing stability, quality over quantity, and structural reforms designed for enduring prosperity.

This anticipated adjustment reflects a maturing economy focused on internal demand, technological innovation, and environmental sustainability, laying a robust foundation for future resilience and balanced development.

Source: Original Article

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