China, with its domestic demand potential continuously being released, new and high-quality growth drivers gathering, and high-level opening-up advancing in depth, will remain a vital engine for global economic growth.

Recently, the economic report for the first half of 2026 was released, showing China's gross domestic product reached 69.5704 trillion yuan, a year-on-year increase of 4.7% calculated at constant prices.

International observers, reviewing this "report card," note China's economic resilience and potential, describing it as showing "strong resilience," "steady performance," and "impressive showings in sectors like artificial intelligence and renewable energy." This has bolstered confidence in China's development prospects.

In the first year of the 15th Five-Year Plan period, China's economy has withstood pressure to operate within a reasonable range, maintaining an overall stable and improving development trend toward new and high-quality growth. This demonstrates robust resilience and vitality and offers the world broader market prospects and cooperation opportunities.

In terms of incremental growth, the economic increment for the first half of the year was 3.6 trillion yuan, the largest for the same period in nearly five years.

On the massive base of over 140 trillion yuan, and despite multiple external shocks including fluctuations in the global energy market and restructuring of industrial and supply chains, China's economy has continued to progress steadily.

Production and supply have grown relatively quickly, the employment situation has remained generally stable, prices have maintained a mild increase, livelihood safeguards have been solid and effective, and development resilience has been consistently demonstrated.

Not long ago, the International Monetary Fund released a report. While lowering its global economic growth forecast for 2026, it raised its growth forecast for China by 0.2 percentage points.

This contrast between a downward revision and an upward revision confirms the widespread international optimism regarding China's economic prospects and highlights China's value as a crucial engine for global economic growth.

The observation by Deutsche Presse-Agentur that "China is increasing support for future industries like artificial intelligence, expecting to cultivate new economic growth points" is clearly reflected in China's economic performance in the first half of the year.

In the first half, the value added of China's high-tech manufacturing industries above designated size increased by 13.3% year-on-year.

Industries related to artificial intelligence, such as integrated circuit manufacturing and intelligent vehicle equipment manufacturing, maintained high-speed growth exceeding 30%. New growth drivers represented by high-end manufacturing, the digital economy, and modern services contributed over 40% to economic growth, indicating a distinct trend of economic structure optimization and upgrading.

Multiple types of commercial rockets were successfully launched, technological breakthroughs in frontier fields such as quantum information, integrated circuits, and nuclear fusion progressed steadily, and the performance of AI large models continued to improve with expanding application scenarios.

China's innovation-driven development consistently upholds the concept of openness and sharing. The industrial application of cutting-edge technologies not only injects endogenous momentum into its own economic growth but also provides new supplies and solutions for global industrial transformation and upgrading, driving collaborative development across global industrial chains.

At this year's FIFA World Cup in North America, Chinese elements were ubiquitous. Chinese air conditioners, fans, refrigerators, and other home appliances brought "cool comfort" to consumers in many countries.

In the first half of the year, China's total goods import and export value reached 25.4686 trillion yuan, a year-on-year increase of 16.9%, solidifying its position as the world's largest goods trading nation.

Looking at exports, the export of electromechanical products grew by 20.1%, while exports of high-tech products and self-owned brands increased by 39% and 25.4% respectively.

Chinese manufacturing is transitioning from "quantitative expansion" to "qualitative leap," continuously improving the global supply chain system and providing high-quality, cost-effective goods for consumers worldwide.

On the import side, total goods imports reached 10.7372 trillion yuan, a year-on-year increase of 22.1%. China, with its continuously releasing domestic demand potential, is no longer just the "world's factory" but has become a "world market" with vast opportunities.

Following China's implementation of zero-tariff measures for 53 African countries with diplomatic relations in May, China's imports from Africa from May to June increased by 23.5% year-on-year. This serves as a vivid example of China's opening-up dividends benefiting the globe and fostering shared development with all parties.

In the face of rising anti-globalization sentiment, China's pace of opening up has never stalled. It consistently creates opportunities for countries worldwide through its own development.

As the world's second-largest consumer market, largest online retail market, and second-largest import market, China, with its stable and predictable development environment, complete industrial system, efficient logistics network, and mature industrial supporting capacity, continues to attract the convergence of global resources and factors.

A growing number of multinational corporations regard China as a crucial part of their global strategy, enhancing their global competitiveness while deepening their presence in the Chinese market.

Michael Heldmann, Chief Investment Officer for Equities at Allianz Global Investors, stated that the Chinese market has profound potential and abundant innovation vitality, "representing long-term investment opportunities." This directly reflects international investors' confidence in China's development.

The resilient and vigorous advancement of China's economy is also a significant positive for global economic recovery.

A China that is continuously releasing its domestic demand potential, gathering new and high-quality growth drivers, and advancing high-level opening-up in depth will remain a vital engine for world economic growth.

China will persistently pursue high-quality, sustainable development, sharing development opportunities with countries around the world and promoting strong, sustainable, balanced, and inclusive growth in the global economy.