China’s GDP grows 4.7% YoY in H1 2026

China’s gross domestic product (GDP) grew by 4.7 per cent year on year (YoY) in the first half (H1) this year and by 4.3 per cent YoY in the second quarter (Q2)—its weakest pace in over three years, according to data from the National Bureau of Statistics (NBS).GDP grew by 5 per cent in Q1 2026.

China’s GDP grew by 4.7 per cent YoY in H1 2026 and by 4.3 per cent YoY in Q2—its weakest pace in over three years, according to the official data.
The Q2 growth figure was below China’s full-year growth target range of 4.5-5 per cent.
The investment in manufacturing plunged by 1.2 per cent YoY in H1 2026.
Retail sales rose by 1 per cent YoY in June, improving from a 0.6-per cent YoY decrease in May.

The Q2 growth figure was below China’s full-year growth target range of 4.5-5 per cent.

The country generated around 69.57 trillion yuan ($10.25 trillion) in output during the period.

Urban fixed-asset investment, including real estate development and infrastructure projects, declined by 5.7 per cent YoY in H1 2026.

The investment in manufacturing plunged by 1.2 per cent YoY in H1 2026.

Retail sales rose by 1 per cent YoY in June, improving from a 0.6-per cent YoY decrease in May.

Fibre2Fashion News Desk (DS)