China's GDP grew by 4.3% year-on-year in the second quarter, and by 4.7% year-on-year in the first half of the year.
By sector, the value added of the primary industry amounted to RMB 3152.2 billion, an increase of 3.7% year-on-year; that of the secondary industry reached RMB 25047.3 billion, up 3.9%; and that of the tertiary industry totaled RMB 41370.9 billion, growing by 5.2%. By quarter, GDP grew by 5.0% year-on-year in the first quarter and by 4.3% in the second quarter. On a quarter-on-quarter basis, GDP expanded by 0.9% in the second quarter.
China's GDP grew by 4.7% year-on-year in the first half of the year, with new growth drivers accounting for over 40% of the contribution... Authoritative analysis is now available.
On July 15, the National Bureau of Statistics released data showing that China's gross domestic product (GDP) grew by 4.7% year-on-year in the first half of the year.
HK Market Snapshot | All three major indices rose, with the Hang Seng Index up 1.4%; biotech and tech stocks broadly gained, with Sundia rising over 23% and Meituan up over 5%; AI application-related stocks strengthened, with Minimax surging over 13% and
Tech and internet stocks rose broadly, with Meituan up 5.30% and Tencent up 3.90%; securities and brokerage stocks all advanced, with China Securities Co., Ltd. up 5.58% and CICC up 5.21%; mobile gaming stocks strengthened, with Tencent up 3.90% and 7Road up 3.51%.
Express News | The People's Bank of China: In the first half of 2026, the cumulative increase in aggregate social financing amounted to RMB 20.84 trillion, RMB 2.02 trillion less than the same period last year.
Express News | The People's Bank of China: RMB loans increased by RMB 10.72 trillion in the first half of the year.
Express News | The People's Bank of China: Broad money (M2) stood at RMB 356.71 trillion at the end of June, an increase of 8% year-on-year.