# China economic policy

Beijing Adds ‘Smart Economy’ and Social Measures to a Tighter 2026 Growth Target — What That Means for AI, Housing and Health Care

China’s 2026 Government Work Report introduced six new policy formulations, most notably the formal adoption of a “smart economy,” while setting a growth target of 4.5–5%. The document pairs industrial priorities — large-scale compute, AI terminals and satellite internet — with expanded social measures on housing, parental leave and encouragement for commercial health insurance to fill gaps in the public system.