China lowers 2026 growth target to 4.5 to 5%, first cut in three years amid mounting headwinds

China lowers 2026 growth target to 4.5 to 5%, first cut in three years amid mounting headwinds

China has unveiled its 2026 GDP growth target at the annual Two Sessions, a closely watched signal of policy direction as the economy grapples with weak demand, property strains and trade pressures.

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