AI Data Insight
China's nominal GDP for Q2 2026 reached 361,511.0 billion RMB, further expanding from 334,193.0 billion RMB in the first quarter. However, the real annual growth rate only recorded 4.3%, lower than the market consensus of 4.5%, mainly dragged down by a sharp drop in real estate investment and sluggish consumption. In the short term, the market is paying close attention to whether the upcoming Politburo meeting will increase fiscal stimulus to address the risks of structural economic imbalances.