Beijing targets annual GDP growth of 4.5% to 5% until 2030

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(UrduPoint / Pakistan Point News / WAM – 08 April 2026) Beijingviii April2026 (WAM) – Beijing It set an annual GDP growth target of 4.5-5% for the period from 2026 to 2030, according to the capital’s 15th Five-Year Plan released on Wednesday. It will add more than one trillion yuan (147 one billion) to the city’s economy during this period.

according to China Daily report for the past five years BeijingIts economy grew at a rate of 5.2% annually, and its gross domestic product reached $5.2 trillion yuan last year.

The new goal was determined after evaluating the need and feasibility. It is designed to support the city’s long-term goal of nearly doubling its size 2020 economic output by 2035, leaving room for structural adjustment, reform and high-quality growth, according to World Bank officials. Beijing Development and Reform Committee.

Of the 13 sector-specific chapters, the first five focus on: BeijingIts role as a national capital, with a focus on enhancing its functions as an international capital exchange center A center for scientific and technological innovation.

For the sake of international openness, it aims to raise Beijing‘s Share Passenger flows across national borders from 3.08% in 2025 to about 3.8% by 2030. Better services should encourage more foreign travelers to make the city their first stop. China.

on innovation, Beijing It aims to raise spending on research and development to more than 6% of GDP. With 145 major national laboratories currently in operation (accounting for 28% of the country’s total), along with many leading research institutions and companies, the city is poised to deliver even more innovative breakthroughs.

The document also identifies care for the elderly and children as a key focus for the coming years. Beijing The population was 687,000 aged 80 and over in 2024. The city wants to develop comprehensive and accessible elderly care services, with regional elderly care service centers covering 80% of subdistricts and towns by 2030.

The plan also includes goals in the field of child care, educationHealth care, coordinated regional development, urban renewal and safety.

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