BEIJING, China — China on Thursday announced the country’s lowest annual growth target in decades as the government outlined its plans to tackle sluggish consumption and a flagging property market in 2026. The figure was released at the annual Two Sessions political gathering, before Premier Li Qiang opened the National People’s Congress (NPC), China’s parliament, on Thursday morning. For this year, China expects growth of 4.5 percent to 5 percent, according to a government report, “with efforts in actual work to strive for even better results”. READ: China’s economy grows 5% in 2025, buoyed by strong exports despite Trump’s tariffs […]... Keep on reading: China sets low growth target as consumption lags