中国宏观追踪_对 GDP 目标采取更保守的态度-China Macro Tracker_ A more conservative approach to the GDP target

28 January 2026 China Macro Tracker Economics A more conservative approach to the GDP target China Erin Xin Economist, Greater China The Hongkong and Shanghai Banking Corporation Limited erin.y.xin@hsbc.com.hk +852 2996 6975 Lulu Jiang (Reg. No. S1700523070001) GDP: Local GDP targets starting to be announced, with many lower than last year The national GDP growth target will not be unveiled until the Two Sessions held starting 4 and 5 March, but recent developments suggest Beijing may take a more conservati ...