AI Data Insight
In the second quarter of 2026, the contribution rate of China's final consumption expenditure to GDP further declined to 46.0%, down from the previous 46.7%, indicating persistently weak domestic demand momentum. Although Q2 GDP managed a marginal 4.3% growth supported by strong exports and high-tech investments, the property slump and surging precautionary savings continue to subject the economy to deep structural imbalances. Whether the government's newly released '15th Five-Year Plan for Expanding Consumption' can break this deadlock will be a key focus moving forward.