Chinazhongguo中国first halfshangnian上半年GDPGDPGDPgrowth ratezengsu增速4.7%4.7%4.7%。
July 17, 2026 at 7:16 PM
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BusinessChina Economy Expands 4.7 Percent in First Half of 2026, Missing Growth Targets
China economic growth slowed to 4.7 percent year-on-year in the first half of 2026, with GDP reaching 69.57 trillion yuan. Second quarter growth of 4.3 percent fell short of the 4.5 percent target.
China National Statistics Bureau announced first half 2026 economic data, revealing a growth rate of 4.7 percent year-on-year, with GDP reaching 69.57 trillion yuan. Second quarter growth slowed to 4.3 percent, falling short of the 4.5 percent target. Exports emerged as a bright spot in the economy. China automobile exports surpassed 1 million vehicles for the first time in June. The trade surplus reached $12.562 billion, indicating strengthening export performance despite economic headwinds and external uncertainties affecting domestic demand.
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