# carbon intensity

Beijing Sets Modest Growth Target, Boosts Long-Term Bonds and AI Push in Li Qiang’s Government Work Report

Premier Li Qiang set a 2026 GDP target of 4.5–5 percent and outlined expanded fiscal support including a c.5.89 trillion yuan deficit and 1.3 trillion yuan of ultra-long special bonds. The government paired modest growth ambitions with a five-year plan emphasising AI, infrastructure, carbon-intensity cuts and tighter market governance.