China’s government is likely to set this year’s economic growth target in a range between 4.5 per cent and 5 per cent, according to three sources briefed on the matter.
Such a target would indicate a tolerance for a modest deceleration from last year’s 5 per cent gross domestic product growth as Beijing highlights the importance of “high-quality” development and urges local officials to embrace “the right concept of political performance”, the sources said.
The range, if confirmed, would serve…
China to set GDP growth range, providing policy flexibility in 2026: sources
