According to data released by the National Bureau of Statistics on July 15, China's GDP growth rate in the second quarter of 2026 was 4.3% year-on-year, 5.0% in the first quarter, and 4.7% in the first half of the year. In response, Wang Qing, chief economist at Dongfang Jincheng, said that the steady growth policy will moderately drive a recovery in domestic demand, and driven by short-term influencing factors, etc., the GDP growth rate will rise back to around 4.6% in the third quarter. It is expected to accelerate further in the fourth quarter, and the economy will show a “V-shaped” trend throughout the year. Among them, the new momentum represented by the high-tech manufacturing industry will maintain a relatively rapid development momentum in the second half of the year, while the old momentum represented by real estate will continue to be pressured, and the “K-type” pattern of economic differentiation will continue.

According to data released by the National Bureau of Statistics on July 15, China's GDP growth rate in the second quarter of 2026 was 4.3% year-on-year, 5.0% in the first quarter, and 4.7% in the first half of the year. In response, Wang Qing, chief economist at Dongfang Jincheng, said that the steady growth policy will moderately drive a recovery in domestic demand, and driven by short-term influencing factors, etc., the GDP growth rate will rise back to around 4.6% in the third quarter. It is expected to accelerate further in the fourth quarter, and the economy will show a “V-shaped” trend throughout the year. Among them, the new momentum represented by the high-tech manufacturing industry will maintain a relatively rapid development momentum in the second half of the year, while the old momentum represented by real estate will continue to be pressured, and the “K-type” pattern of economic differentiation will continue.