China's mid-year economic performance report for 2026 has been officially published. The National Bureau of Statistics released the nation's economic performance data for the first half of the year this morning, revealing a gross domestic product of 69.5704 trillion yuan, representing a year-on-year growth of 4.7%.

Vice Minister of the National Bureau of Statistics, Mao Shengyong, stated that compared to the first half of last year, the GDP increment reached 3.6 trillion yuan, marking the largest increase for the same period in the past five years.

Mao Shengyong specifically highlighted that, while the International Monetary Fund has recently lowered its global economic growth forecast for this year, it has simultaneously raised its full-year growth projection for China by 0.2 percentage points.

Concurrently, the IMF has revised upwards its global inflation expectations. Despite this international context, China's domestic price levels have maintained stable operation, and international institutions continue to hold an optimistic outlook for China's economic development.