Macquarie

Company MQG

Last mentioned: Mar 5, 2026

Timeline

  1. Policy Implementation

    Expected rollout of specific subsidies and tax incentives for high-tech sectors.

  2. Parliamentary Session Opens

    Premier Li Qiang presents the 2026 growth target and the 15th Five-Year Plan.

  3. 2025 Performance

    China achieves a 5.0% GDP growth rate, meeting its annual target.

Stories mentioning Macquarie 4

market-trends Neutral

China Signals Strategic Pivot with 4.5%-5% Growth Target for 2026

Beijing has lowered its 2026 GDP growth target to a range of 4.5% to 5%, signaling a tolerance for slower expansion in favor of structural reforms. The move, detailed in the 15th Five-Year Plan, prioritizes high-tech innovation and industrial upgrading over broad-based consumer stimulus.

2 sources
economy Neutral

China Signals Tolerance for Slower Growth with 4.5%-5% Target for 2026

China has lowered its economic growth target to a range of 4.5% to 5.0% for 2026, prioritizing structural reforms and high-tech self-reliance over rapid expansion. The move, unveiled alongside the 15th Five-Year Plan, reflects Beijing's strategic pivot toward a production-focused growth model designed to withstand global competition.

2 sources
manufacturing Neutral

China Sets 4.5-5% Growth Target: Strategic Pivot for Global Supply Chains

China has established a 4.5-5% GDP growth target for 2026, signaling a strategic shift toward high-tech industrial upgrading and a tolerance for slower overall expansion. The move, outlined in the new 15th Five-Year Plan, prioritizes supply chain resilience and manufacturing dominance over rapid consumption-led growth.

2 sources