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Guangdong Sets 2026 Growth Target at 4.5%-5% Amid Challenges

1/27/2026

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Story summary
  • Guangdong province targets 2026 growth of 4.5% to 5%, announced by Governor Meng Fanli (Guangdong Province) in the annual government work report.
  • The target marks a downward revision from the 2025 goal of 5% as external pressures and internal imbalances bite.
  • Guangdong posted 3.9% GDP growth in 2025, with a sluggish property market contributing to the slowdown.
  • The national economy grew 5% last year, contrasting with Guangdong's slower pace.