<h1>Economic growth target signals stabilisation and domestic demand focus amid external trade tensions and policy shifts.</h1> China sets an annual economic growth target of around five percent while citing external trade tensions and domestic weaknesses; it prioritises reviving domestic demand and proposes a more proactive fiscal policy with increased deficit and ultra long bond issuance, a shift to moderately loose monetary policy, targeted consumer rebate programs, and continued emphasis on industrial innovation and technological self reliance.