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China's 2026 GDP target will help cope with uncertainties, official says

BY Reuters | ECONOMIC | 12:08 AM EST

BEIJING, March 5 (Reuters) - China's 2026 economic growth target of 4.5% to 5% is achievable and will help it cope with uncertainties, cabinet research head Shen Danyang told a press conference on Thursday, after the government unveiled key goals.

"This year, the external environment for China's economic development has become even more complex and volatile," Shen said. "The uncertainties and unforeseeable factors affecting economic performance are likely to be more than expected." (Reporting by Kevin Yao; Writing by Ellen Zhang; Editing by Clarence Fernandez)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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