Source : WAM
China has set its economic growth target for 2026 at a range of 4.5 to 5 percent and aims to achieve even stronger results in practice, according to a government work report submitted on Thursday to the country’s top legislature for review.
Key development goals for the year also include maintaining the surveyed urban unemployment rate at approximately 5.5 percent and generating over 12 million new urban jobs.
Additional targets outlined in the report include limiting the increase in the consumer price index to around 2 percent, ensuring personal income grows in line with economic expansion, maintaining a basic balance of payments equilibrium, and achieving a grain output of roughly 700 million tonnes.
The report further sets a goal of reducing carbon dioxide emissions per unit of gross domestic product by about 3.8 percent.
