China: Secondary Industry as a Percentage of GDP: Accumulated Value

Macro

2026-07-21

Description

-

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

AI Data Insight

In Q2 2026, the cumulative share of China's secondary industry in GDP dropped significantly to 30.2% from 34.1% in the previous quarter, and the GDP growth of 4.3% YoY during the same period fell short of market expectations. Although "new productive forces" and high-tech manufacturing remained strong, the persistent slump in traditional real estate and construction sectors became the main drag. Looking ahead, authorities are expected to stabilize domestic demand through expansionary fiscal and monetary policies to address the challenges during this period of industrial structural adjustment.

AI Data Insight

In Q2 2026, the cumulative share of China's secondary industry in GDP dropped significantly to 30.2% from 34.1% in the previous quarter, and the GDP growth of 4.3% YoY during the same period fell short of market expectations. Although "new productive forces" and high-tech manufacturing remained strong, the persistent slump in traditional real estate and construction sectors became the main drag. Looking ahead, authorities are expected to stabilize domestic demand through expansionary fiscal and monetary policies to address the challenges during this period of industrial structural adjustment.

Description

-

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