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The National Bureau of Statistics released data. According to preliminary accounting, the gross domestic product for the first half of the year was 69570.4 billion yuan, an increase of 4.7% over the previous year at constant prices. On a quarterly basis, GDP grew 5.0% year on year in the first quarter and 4.3% in the second quarter. On a month-on-month basis, GDP grew by 0.9% in the second quarter. In response to fluctuations in GDP growth in the second quarter, Mao Shengyong, deputy director of the National Bureau of Statistics, said that the fundamentals of the smooth operation of the economy and the upward trend have not changed. GDP fluctuations were mainly affected by short-term factors and external factors. The biggest impact was mainly on some petrochemical-related industries, as well as coal production. Other industries were normal.

Zhitongcaijing·07/15/2026 02:49:01
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The National Bureau of Statistics released data. According to preliminary accounting, the gross domestic product for the first half of the year was 69570.4 billion yuan, an increase of 4.7% over the previous year at constant prices. On a quarterly basis, GDP grew 5.0% year on year in the first quarter and 4.3% in the second quarter. On a month-on-month basis, GDP grew by 0.9% in the second quarter. In response to fluctuations in GDP growth in the second quarter, Mao Shengyong, deputy director of the National Bureau of Statistics, said that the fundamentals of the smooth operation of the economy and the upward trend have not changed. GDP fluctuations were mainly affected by short-term factors and external factors. The biggest impact was mainly on some petrochemical-related industries, as well as coal production. Other industries were normal.