AI Data Insight
China's secondary industry GDP growth rate dropped to 3.0% YoY in the second quarter of 2026, a sharp decline from the previous 4.9%, which also caused overall economic growth to fall below market consensus. Although high-tech manufacturing and exports demonstrated resilience, the property slump and the impact of high oil prices suppressed corporate investment willingness. The market is closely watching the upcoming Politburo meeting, anticipating more fiscal stimulus to boost momentum in the second half of the year.