Yanyan Xiong
Associate Professor, School of Economics, and Research Fellow, Center of Social Welfare and Governance, Zhejiang University

Feb 23, 2026
2026 is the first year of the Fifteenth Five-Year (2026-2030) Plan for National Economic and Social Development of China. There is intense interest in the target rate of economic growth as well as the actual rate for 2026, given the continuing slump of the real estate sector in China, the apparent lack of sufficient domestic aggregate demand, and the many different challenging geo-political uncertainties. The official target rate will be announced at the “Twin Conferences (the National People’s Congress and the Chinese People’s Political Consultative Conference)” in early March.
Feb 22, 2017
A more nuanced approach that includes additional perspectives shows that the true U.S. deficit may be as low as US$132.7 billion.
