The Chinese economy is resilient and moving forward, continuously injecting development confidence into the world

Recently, the 2026 China Economic Half Year Report was released, with China's gross domestic product (GDP) reaching 69570.4 billion yuan in the first half of the year, a year-on-year increase of 4.7% at constant prices. The international community has read out the confidence and potential of the Chinese economy through this "report card", which shows strong resilience, steady performance, and impressive performance in related industries such as artificial intelligence and renewable energy, enhancing confidence in China's development prospects.

In the first year of the 15th Five Year Plan, the Chinese economy has withstood pressure and operated within a reasonable range, continuing the overall stable and new oriented development trend, demonstrating strong resilience and vitality, and bringing broader market prospects and cooperation opportunities to the world. In terms of increment, the economic increment in the first half of the year was 3.6 trillion yuan, the largest increment in the same period of the past five years. On the basis of a super large volume of 140 trillion yuan, facing multiple external shocks such as fluctuations in the global energy market and restructuring of the industrial and supply chains, the Chinese economy is still steadily advancing: production and supply are growing rapidly, the employment situation is generally stable, prices remain moderately rising, people's livelihood security is solid and strong, and development resilience continues to be demonstrated. Not long ago, the International Monetary Fund released a report that, while lowering its forecast for world economic growth in 2026, raised its forecast for China's economic growth by 0.2 percentage points. The fluctuation between one drop and one rise confirms the international community's generally optimistic outlook on China's economic prospects, and highlights China's value as an important engine of global economic growth.

"China is increasing its support for future industries such as artificial intelligence, and expects to cultivate new economic growth points." Deutsche Presse-Agentur's observation of the new drivers of China's economy was clearly confirmed in China's economic operation in the first half of the year. In the first half of the year, the added value of China's high-tech manufacturing industry above designated size increased by 13.3% year-on-year, while artificial intelligence related industries such as integrated circuit manufacturing and intelligent vehicle equipment manufacturing maintained high-speed growth of over 30%. New driving forces represented by high-end manufacturing, digital economy, and modern service industry contributed more than 40% to economic growth, and the trend of optimizing and upgrading the economic structure was very clear. The successful launch of multiple commercial aerospace rockets, steady progress in cutting-edge technologies such as quantum information, integrated circuits, and nuclear fusion, continuous breakthroughs in the performance of artificial intelligence models, and expanding application scenarios... China's innovative development has always adhered to the concept of openness and sharing, and the industrialization of cutting-edge technologies has not only injected endogenous power into its own economic growth, but also provided new supply and solutions for global industrial transformation and upgrading, driving the coordinated development of the upstream and downstream of the global industrial chain.

Chinese elements can be seen everywhere in this year's World Cup between the United States, Canada, and Mexico. Chinese home appliances such as air conditioners, fans, and refrigerators bring "coolness" to consumers in many countries... In the first half of the year, China's total import and export of goods was 2546.86 billion yuan, a year-on-year increase of 16.9%, firmly ranking as the world's largest country in goods trade. From the perspective of exports, the export of electromechanical products increased by 20.1%, while the export of high-tech products and domestic brands increased by 39% and 25.4% respectively. Chinese manufacturing is moving from "quantity expansion" to "quality leap", continuously improving the global supply chain system and providing high-quality and cost-effective products for consumers in various countries. Looking at the import side, the total import value of goods was 1073.72 billion yuan, a year-on-year increase of 22.1%. China, which continues to unleash its domestic demand potential, is no longer just a "world factory", but also a "world market" with vast opportunities. In May of this year, China fully implemented zero tariff measures on 53 African countries with diplomatic relations. From May to June, China's imports from Africa increased by 23.5% year-on-year, which is a vivid reflection of China's opening-up dividends benefiting the world and joining hands with all parties for common development.

Faced with the rising trend of anti globalization, China's pace of expanding opening up has never stopped, always creating opportunities for countries around the world through its own development. As the world's second largest consumer market, first largest online retail market, and second largest import market, China continues to attract the convergence of global resource elements with a stable and predictable development environment, a complete industrial system, an efficient logistics network, and mature industrial supporting capabilities. More and more multinational corporations are considering China as an important part of their global layout, enhancing their global competitiveness while deeply cultivating the Chinese market. Michael Haldeman, Chief Investment Officer of Allianz Securities, stated that the Chinese market has great potential and abundant innovation vitality, "representing long-term investment opportunities", which is a direct reflection of international investors' confidence in China's development.

The Chinese economy is resilient and thriving, which is also an important positive factor for the world economic recovery. A China that continuously unleashes its domestic demand potential, gathers new and optimal driving forces, and deepens its high-level opening-up will always be an important engine for world economic growth. China will continue to share development opportunities with countries around the world through high-quality and sustainable development, and promote strong, sustainable, balanced, and inclusive growth of the world economy.