China targets 'quality growth' with 'realistic' GDP goal
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Home Outlines innovation-led strategy, boosts R&D spending and prioritises emerging technologies for 2026–2030 development China on Thursday unveiled key development targets for the 2026–2030 period as a government work report was submitted to the country’s top legislature, the National People’s Congress, for deliberation. According to the report, China aims to maintain GDP growth within an appropriate range over the next five years, with annual targets to be determined in line with prevailing economic conditions. The strategy is intended to support the country’s goal of doubling its 2020 per capita GDP by 2035 and achieving the level of a moderately developed nation. To promote innovation-driven and green development, the report proposes an annual average increase of at least seven per cent in nationwide research and development spending, along with a 17 per cent reduction in carbon dioxide emissions per unit of GDP between 2026 and 2030.
Published: March 5, 2026 4:40 pm
Source: The Express Tribune — Read original