China Sets 4.5-5% Growth Goal as Trump Prepares for Beijing Trip
China established a new economic growth target of 4.5% to 5% for 2026 during the National People's Congress in Beijing.Premier Li Qiang introduced a five-year plan focusing on artificial intelligence and green energy to counter domestic property slumps.The announcement comes as Donald Trump prepares for a high-profile visit to meet Xi Jinping for discussions regarding trade and technology.China also committed to a 7% increase in military spending and a 10% boost for research and development to achieve tech self-sufficiency.