World Bank Keeps China 2026 GDP Forecast at 4.4% as AI Investment Lifts Upside
Updated
Updated · Global Times · Jul 7
World Bank Keeps China 2026 GDP Forecast at 4.4% as AI Investment Lifts Upside
1 articles · Updated · Global Times · Jul 7
Summary
China’s 2026 growth could beat the World Bank’s 4.4% forecast, with the bank saying the economy stayed resilient in early 2026 despite global shocks.
High-tech investment rose 4.5% year on year in January-May, while strong demand for technology-intensive goods and AI-related imports sustained export momentum.
The bank said China cushioned external energy shocks through large oil reserves, diversified fuel imports, a high renewables share and temporary retail fuel price caps.
Risks are broadly balanced ahead of China’s July 15 first-half data release, with renewed energy-price volatility a threat but stronger fiscal stimulus and AI spending offering upside.
The report also pointed to domestic-demand reforms in the 15th Five-Year Plan, arguing a stronger social safety net could lift household consumption and support longer-term growth.