BEIJING -- The Chinese economy has proved remarkably resilient over the past year, according to a government work report submitted Thursday to the country's top legislature for deliberation.
Here are some highlights from the report. Main targets for 2026:
- China sets 2026 economic growth target at 4.5 percent to 5 percent
- China aims to create over 12 million new urban jobs in 2026
- China sets CPI growth target of around 2 percent for 2026
- China sets deficit-to-GDP ratio at around 4 percent for 2026
- Personal income growth in step with economic growth
- A basic equilibrium in the balance of payments
- Grain output of around 700 million metric tons
- A reduction of around 3.8 percent in carbon dioxide emissions per unit of GDP
China to build world-class sci-tech innovation engines
China will build three international centers for sci-tech innovation and turn them into world-class innovation engines, according to the government work report.
China to open wider to outside world
China will open wider to the outside world, according to the government work report. Efforts will be made to expand market access and open up more areas, particularly in the service sector, the report said.
China to accelerate green transition, cut carbon emissions
China will accelerate the green transition across the board and cut carbon dioxide emissions per unit of GDP by a total of 17 percent in the 2026-2030 period, according to the government work report.
Chinese mainland reaffirms commitment to one-China principle and cross-Strait peace in government work report
The Chinese mainland will remain committed to the one-China principle and the 1992 Consensus, resolutely fighting against separatist forces aimed at "Taiwan independence" and opposing external interference, according to the government work report.
China to resolutely oppose hegemonism, power politics
China will resolutely oppose hegemonism and power politics, and uphold international fairness and justice, according to the government work report. China will stay committed to an independent foreign policy of peace and to peaceful development, and will expand its global network of partnerships.
