China: GDP - Tertiary Industry

Macro

2026-04-17

Description

-

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

AI Data Insight

In the first quarter of 2026, China's tertiary industry GDP reached 20,611.7 billion RMB. Although it retreated from the previous quarter due to traditional seasonal factors, official reports show a year-on-year growth of 5.2%. Driven by the Spring Festival effect and the "trade-in" policy, the information technology and financial sectors have become key engines driving service sector growth, supporting China's overall economic expansion to exceed market expectations.

AI Data Insight

In the first quarter of 2026, China's tertiary industry GDP reached 20,611.7 billion RMB. Although it retreated from the previous quarter due to traditional seasonal factors, official reports show a year-on-year growth of 5.2%. Driven by the Spring Festival effect and the "trade-in" policy, the information technology and financial sectors have become key engines driving service sector growth, supporting China's overall economic expansion to exceed market expectations.

Description

-

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