The Zhitong Finance App learned that on October 19, the Information Office of the State Council held a press conference to introduce the operation of the national economy in the first three quarters of 2026. Mao Shengyong, press spokesman and deputy director of the National Bureau of Statistics, said that since this year, China has accelerated the construction of a modern industrial system and accelerated the continuous transformation of old and new kinetic energy. The Chinese economy has maintained a new and superior development momentum in a complex environment, and high-quality development has achieved new results. Among them, it is mentioned that the economic structure continues to be optimized. In the first three quarters, domestic demand played a leading role, contributing more than 70% to economic growth. Of these, final consumption expenditure contributed close to 50%. The value added of manufacturing accounts for 25.7% of GDP, an increase of 0.6 percentage points over the same period last year, and the foundation of the real economy is still being further consolidated. The productive service industry is developing at an accelerated pace, and its supporting role in the transformation, upgrading and development of the manufacturing industry is constantly being strengthened. The modern service industry has maintained a good momentum of development, and the share of value added in total GDP is also constantly increasing.

The Zhitong Finance App learned that on October 19, the Information Office of the State Council held a press conference to introduce the operation of the national economy in the first three quarters of 2026. Mao Shengyong, press spokesman and deputy director of the National Bureau of Statistics, said that since this year, China has accelerated the construction of a modern industrial system and accelerated the continuous transformation of old and new kinetic energy. The Chinese economy has maintained a new and superior development momentum in a complex environment, and high-quality development has achieved new results. Among them, it is mentioned that the economic structure continues to be optimized. In the first three quarters, domestic demand played a leading role, contributing more than 70% to economic growth. Of these, final consumption expenditure contributed close to 50%. The value added of manufacturing accounts for 25.7% of GDP, an increase of 0.6 percentage points over the same period last year, and the foundation of the real economy is still being further consolidated. The productive service industry is developing at an accelerated pace, and its supporting role in the transformation, upgrading and development of the manufacturing industry is constantly being strengthened. The modern service industry has maintained a good momentum of development, and the share of value added in total GDP is also constantly increasing.