The opening meeting of the fourth session of the 14th National People’s Congress (NPC) is held at the Great Hall of the People in Beijing, capital of China, March 5, 2026. (PHOTO/XINHUA)
BEIJING – China targets an economic growth of 4.5 percent to 5 percent this year and will strive for better in practice, according to a government work report submitted Thursday to the country’s top legislature for deliberation.
Main targets for development this year also include: a surveyed urban unemployment rate of around 5.5 percent; over 12 million new urban jobs; an increase in consumer price index of around 2 percent; growth in personal income in step with economic growth; a basic equilibrium in the balance of payments; grain output of around 700 million tonnes; and a drop of around 3.8 percent in carbon dioxide emissions per unit of gross domestic product.
More proactive fiscal policy
China…
