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.

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