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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.
- The Chinese economy is at a critical stage of accelerating transition from old growth drivers to new ones, built on more than 40 years of Reform and opening-up with a huge consumer market and strong manufacturing base.
- High-Tech manufacturing rose by 13.3 percent while equipment manufacturing grew 9.3 percent; profits of industrial enterprises above designated size climbed 18.7 percent, with efficient collaboration in the Pearl River Delta creating a one-hour industrial ecosystem.
- 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.
- 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 US company heads saying government efforts will create bright prospects.
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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 country to address economic pressures and sustain its cu…
Coverage Details
Total News Sources13
Leaning Left3Leaning Right1Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 25%
C 67%
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