ReferIndia News China's Strategic Shift: Navigating Economic Reforms with New Growth Goals

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China's Strategic Shift: Navigating Economic Reforms with New Growth Goals

Published on: March 5, 2026, 7:10 a.m. | Source: Devdiscourse

China has announced a reduced economic growth target of 4.5%-5% for 2026, compared to last year's 5%. The move aims to address industrial overcapacity and shift reliance from exports, with reforms planned in domestic demand and technology. A new fiscal-financial fund seeks to bolster consumption.

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