China weighs 2026 GDP target of 4.5%–5%, with plan due at March NPC

China is preparing a 2026 GDP target in the 4.5%–5% range. The goal is expected to be set at the National People's Congress in March 2026 and reflects a turn toward steadier growth after 5% in 2025, as soft household spending, weaker investment and a prolonged property slump weigh on momentum.