AI Data Insight
In Q2 2026, the primary industry's share of China's GDP reached 4.9%, showing a seasonal rebound from the previous 2.6% and slightly higher than the level in the same period last year. However, the overall macroeconomic environment faces challenges. China's overall Q2 GDP YoY growth was only 4.3%, falling below the market consensus of 4.5%. Weak domestic demand and a sluggish housing market are suppressing economic momentum. The market expects the authorities to step up counter-cyclical policy efforts to support the full-year growth target.