中国宏观经济展望与数据前瞻-政策支持温和；11 月增长疲软但走势分化-China Economic Comment _ CEWC and data preview_ modest policy support; weak but mixed growth in Nov

ab Global Research CEWC and data preview: modest policy support; weak but mixed growth in Nov CEWC preview: modest policy support, more focus on rebalancing The upcoming Central Economic Work Conference (CEWC) in mid-December will set key macro policy tone for 2026. Similar to previously, key policy targets (e.g. GDP growth, headline fiscal deficit) and details of supportive measures will be released in the NPC meeting next March, not in the CEWC. We expect China to set GDP growth target at 4.5-5% for 2026, ...