0846 GMT - China will likely set a moderately lower GDP growth target of 4.5% to 5.0% for 2026, UOB analysts write in a note. They expect real GDP growth to slow to 4.7% this year from 5.0% in the previous two years. The country's fiscal-deficit target is likely to be maintained at around 4% of GDP, while the quota of special local government bonds may be raised further from last year's record 4.4 trillion yuan to support infrastructure projects, UOB adds. China could also increase the issuance of ultralong-term special treasury bonds to around 1.5 trillion yuan this year, it says.(jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
February 27, 2026 03:46 ET (08:46 GMT)
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