China: GDP - Tertiary Industry

Macro

2026-07-16

Description

-

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

AI Data Insight

In Q2 2026, China's tertiary industry (service sector) GDP reached RMB 20,759.2 billion, continuing to grow from RMB 20,611.7 billion in the previous quarter. Although China's overall Q2 GDP YoY growth rate of 4.3% was lower than the market expectation of 4.5%, the tertiary industry still delivered an outstanding performance. Driven by AI technology and software services, it has become the key momentum supporting the macroeconomy.

AI Data Insight

In Q2 2026, China's tertiary industry (service sector) GDP reached RMB 20,759.2 billion, continuing to grow from RMB 20,611.7 billion in the previous quarter. Although China's overall Q2 GDP YoY growth rate of 4.3% was lower than the market expectation of 4.5%, the tertiary industry still delivered an outstanding performance. Driven by AI technology and software services, it has become the key momentum supporting the macroeconomy.

Description

-

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