CNA938 Rewind - Two Sessions 2026: China slashes GDP target; new era for economy?

China has set a lower GDP growth target for 2026, signalling a more cautious economic outlook as policymakers grapple with weak domestic demand, property sector strains and global uncertainties. The revised goal reflects a shift from rapid expansion to more sustainable, quality-driven growth – with potential ripple effects for trade, markets and regional economies closely tied to China’s performance. Andrea Heng and Hairianto Diman find out more with Gary Ng, Senior Economist, Natixis