China Sets 2026 Economic Growth Target at 6.5%, Focuses on High-Quality Development and Technological Innovation

On February 12, 2026, the Chinese State Council announced its economic growth target for 2026, setting a goal of 6.5% GDP growth, with a primary focus on high-quality development. The government plans to achieve this target through increased investment in research and development, support for emerging industries, the promotion of a green economy, and the acceleration of digital transformation. The plan also includes further relaxing market access for foreign investments, encouraging external capital to drive technological advancements and industrial optimization.

Despite external uncertainties and domestic economic pressures, the Chinese government remains committed to ensuring stable economic performance and driving sustainable development. This target holds significant implications for global markets and international investors, especially amid the multiple challenges facing the global economy.