Target Since 1991

China has cut its annual economic growth target to a range of 4.5%-5%, the lowest expansion goal since 1991 as it grapples with challenges both at home and abroad. It is the first time the target has been lowered since it was cut to "around 5%" in 2023. A target was not set in 2020 due to the pandemic. The details were released during China's biggest political gathering, known as […]