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Global Times: China's economic performance will remain within a reasonable range in H2, meet annual goals
Industrial output and high-tech manufacturing led growth, while policymakers said risks are contained and full-year economic goals remain on track.
- On Aug. 21, China reported GDP growth of 4.7 percent for the first half of 2026, continuing to rank among the fastest growth rates of the world's major economies under the Party Central Committee with Comrade Xi Jinping at its core.
- Built on more than 40 years of Reform and opening-up, the Chinese economy relies on a huge consumer market and strong manufacturing base while accelerating its transition from old growth drivers to new ones.
- Profits of industrial enterprises above designated size rose 18.7 percent, with high-tech manufacturing climbing 13.3 percent and equipment manufacturing growing 9.3 percent; efficient collaboration in the Pearl River Delta created a one-hour industrial ecosystem while Yangtze River Delta automakers source more than 10,000 parts within four hours.
- Housing Prices have stabilized and inventory pressure eased, with second-hand home transactions exceeding new home sales in Some first and second tier cities; Overall, China has been adhering to strict control of new risks, preventing major risk events and maintaining systemic stability.
- As major projects outlined in central and local 15th five-year plans advance and macro policies are implemented promptly, China's economic performance will remain within a reasonable range and meet annual goals, with heads of US companies saying government efforts to boost domestic demand will create bright prospects for multinational investment.
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Global Times: China's economic performance will remain within a reasonable range in H2, meet annual goals
BEIJING, Aug. 21, 2026 /PRNewswire/ -- Since the beginning of the year, under the firm leadership of the Party Central Committee with Comrade Xi Jinping at its core, all regions and departments have taken proactive steps and risen to challenges,…
Chinese Officials Project Stable Economic Growth Through Second Half of 2026
Chinese economic officials project that the nation’s economy will maintain a stable performance throughout the second half of 2026, keeping growth within a reasonable range to meet established annual targets. Government authorities report that despite various external challenges encountered since the start of the year, coordinated efforts across all regions and departments have allowed the
Coverage Details
Total News Sources59
Leaning Left6Leaning Right9Center36Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
12%
C 70%
R 18%
Factuality
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