AI Data Insight
The latest data from DataTrack shows that the contribution rate of China's net exports of goods and services to GDP in the first quarter of 2026 plummeted to 15.3%, nearly halving from 31.1% in the previous quarter. Although overall GDP grew by 5.0% year-on-year, beating market consensus, the economic pull of foreign trade is rapidly diminishing amidst a sharp rise in high-tech and energy imports. The recovery of domestic demand will become the key to maintaining subsequent growth.