China: Real GDP (YoY) - Total

Macro

2026-07-15

Description

China's Real Gross Domestic Product (Real GDP) is released by the National Bureau of Statistics (NBS) and reflects the total value of goods and services produced within the country in a specific year, adjusted for inflation. As the world's second-largest economy, China's Real GDP growth rate is a key indicator of both domestic economic health and global economic trends.

China's GDP is divided into three main sectors: the primary sector (agriculture, forestry, animal husbandry, and fisheries), the secondary sector (industry and construction), and the tertiary sector (services). The tertiary sector accounts for the largest share, approximately 55% of GDP. In recent years, the Chinese government has shifted its economic strategy from a high-investment growth model to one that emphasizes domestic demand and high-quality development.

This data is released quarterly and provides insights into the economic activity of the previous quarter.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Quarterly
Next Update
Hashtags
China GDP

AI Data Insight

China's real GDP growth rate in the second quarter of 2026 fell back to 4.3% year-on-year, missing the market expectation of 4.5% and significantly slowing from 5.0% in the first quarter. Although AI demand drove strong export growth, the property slump and weak domestic demand remained the primary factors dragging down the overall economy. As the July Politburo meeting approaches, the market is highly focused on whether officials will expand fiscal and monetary stimulus.

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AI Data Insight

China's real GDP growth rate in the second quarter of 2026 fell back to 4.3% year-on-year, missing the market expectation of 4.5% and significantly slowing from 5.0% in the first quarter. Although AI demand drove strong export growth, the property slump and weak domestic demand remained the primary factors dragging down the overall economy. As the July Politburo meeting approaches, the market is highly focused on whether officials will expand fiscal and monetary stimulus.

Dive in →

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Macro
Description

China's Real Gross Domestic Product (Real GDP) is released by the National Bureau of Statistics (NBS) and reflects the total value of goods and services produced within the country in a specific year, adjusted for inflation. As the world's second-largest economy, China's Real GDP growth rate is a key indicator of both domestic economic health and global economic trends.

China's GDP is divided into three main sectors: the primary sector (agriculture, forestry, animal husbandry, and fisheries), the secondary sector (industry and construction), and the tertiary sector (services). The tertiary sector accounts for the largest share, approximately 55% of GDP. In recent years, the Chinese government has shifted its economic strategy from a high-investment growth model to one that emphasizes domestic demand and high-quality development.

This data is released quarterly and provides insights into the economic activity of the previous quarter.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Quarterly
Next Update
Hashtags
China GDP