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, effectively responding to various external shocks and internal difficulties while steadily promoting high-quality development. As a result, China's economic performance has shown a trajectory marked by new drivers of growth and an improved structure — achievements that are truly commendable.

In the first half of the year, China's major macroeconomic indicators remained broadly stable. The country's GDP grew by 4.7 percent, continuing to rank among the fastest growth rates of the world's major economies. Prices saw a reasonable recovery, employment remained generally stable, and the balance of payments was broadly balanced. Meanwhile, profits of industrial enterprises above designated size rose by 18.7 percent, national general public budget revenue increased by 4.7 percent, and the economic performance of some market entities improved.

Recommended for you