Guangdong

One morning in December, Zhang Li arrived at Everwin Toys in Dongguan to find a notice on the factory gates announcing production halt due to over 40% revenue decline from shrinking toy demand and global economic changes. Like her 2,000 colleagues, she had worked there for more than 15 years since her early 20s. “Now I’m in my 40s,” she said. “Where will I find my next job?”

January 26, 2026 Ti AI ṣe iroyin

China's manufacturing powerhouse Guangdong has lowered its 2026 GDP growth target to 4.5%-5% after missing the previous year's goal. Governor Meng Fanli announced this during the opening of the Guangdong provincial people’s congress. The adjustment signals challenges from the property sector drag and global headwinds.