AI Data Insight
China's secondary industry GDP in the first quarter of 2026 reached 11.6135 trillion RMB. Although lower than the previous figure due to seasonal factors, the official real year-on-year growth rate reached 4.9%, driving overall GDP to grow by 5.0% year-on-year, outperforming market expectations. The strong performance of manufacturing and exports effectively offset weak domestic demand and downward pressure on real estate, though attention must be paid to the impact of Middle East geopolitics on energy costs in the future.