14 provinces lower their 2026 growth targets; Zhejiang, Guangdong, and others set range targets( with video)

WealthCoffee · 2026-03-06T05:32:51+00:00

As of January 31, 22 provinces held their provincial two sessions, with most choosing to maintain or lower their 2026 growth targets. Tibet set a target of over 7%, Hainan around 6%, and the remaining provinces generally aimed for between 5% and 6%, with some provinces below 5%.

WealthCoffee

2026-03-06 05:32:51

Abstract generation in progress

【Caixin News】 As of January 31, 22 provinces have held their provincial two sessions. In the first year of the “14th Five-Year Plan,” given that there are still many old problems and new challenges in economic development, most provinces have chosen to maintain or lower their growth targets. Nearly half of the provinces aim to strive for better results.

According to Caixin statistics, among the 22 provinces that have announced their 2026 target growth rates, Tibet continues to lead the country with a target of over 7%; despite a lower growth rate in 2025, Hainan still set a relatively high target of around 6%; Xinjiang’s target growth rate is 5.5%–6%, Gansu and Hubei are around 5.5%, and Zhejiang and Jiangxi are between 5% and 5.5%. Among the remaining 15 provinces, three have set growth targets above 5%, six around 5%; Guangdong and Heilongjiang aim for 4.5%–5%, and four provinces have targets below 5%, around 4.5%.

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