China Posts 4.7% H1 GDP Growth as Goods Trade Jumps 16.9%
Updated
Updated · CGTN · Jul 16
China Posts 4.7% H1 GDP Growth as Goods Trade Jumps 16.9%
3 articles · Updated · CGTN · Jul 16
Summary
China’s economy expanded 4.7% year on year in the first half of 2026, with official data pointing to steady industrial output and a continued shift toward innovation-led growth.
25.47 trillion yuan in goods trade during January-June—about $3.55 trillion—rose 16.9% from a year earlier, led by fast-growing exports of electronic components, computer parts and intelligent manufacturing equipment.
AI infrastructure is a central driver of that shift, with China accelerating computing networks through the “Eastern Data, Western Computing” project to support wider industrial use of large models.
295,000 industrial robots were installed in China in 2024, equal to 54% of global demand, while domestic brands took 57% of the home market and robot exports reached 94,200 units in H1 2025.
Aerospace information is emerging as another growth frontier, with satellite, BeiDou and orbital-computing applications being pushed into agriculture, transport, emergency management and smart-city systems.