ChinaZhōngguó中国the year 20262026 nián2026年first quarterdì yī jìdù第一季度economyjīngjì经济to grow / growthzēngzhǎng增长5 percent5%5%。
May 28, 2026 at 4:30 AM
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BusinessChina Economy Grows 5 Percent in First Quarter of 2026
Official data shows China economy grew 5 percent year-on-year in the first quarter of 2026, though analysts note weak consumption and headwinds from global trade pressures.
Chinese official data shows that China's first quarter economic growth in 2026 reached 5 percent. This figure has met the government's growth targets. However, domestic consumption remains relatively weak.
In April, industrial production grew year-on-year by 4.1 percent, which is the slowest pace since July 2023. China's semiconductor imports are substantial, with last quarter reaching $135 billion. This is because China's artificial intelligence industry requires many chips.
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