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A Historic Milestone for Two Giants For the first time in China's economic history, two provinces — Guangdong and Jiangsu — have simultaneously broken the 7-trillion-yuan mark in the first half of 2026. Guangdong led the nation with a GDP
Semiconductor Output Surges 23.1% China produced 279.8 billion pieces of integrated circuits in the first half of 2026, a 23.1-percent year-on-year increase, reflecting massive government-backed expansion of domestic chipmaking capacity and the maturation of advanced process nodes
A-Share Capitalisation Touches New Highs China's A-share market capitalisation reached record levels in June and July 2026, supported by a wave of domestic retail inflows, strong corporate earnings in the technology and consumer sectors, and renewed foreign appetite
Fastest Growth Since 2011 Hong Kong's economy expanded at an annualised rate of 5.9 percent in the first quarter of 2026 — the fastest pace of growth since early 2011 excluding pandemic-distorted periods — driven by a sharp rebound
Yuan Stable Near 6.78 Despite Dollar Strength The Chinese yuan held within a narrow band of 6.77 to 6.79 against the US dollar through July 2026, supported by a resilient current account surplus and active policy intervention
China's Largest AI Startup Fundraising DeepSeek, the Hangzhou-based artificial intelligence laboratory, completed its first-ever external fundraising round in June 2026, raising more than 500 billion yuan ($74 billion) at a valuation exceeding $500 billion — making it China'
First Monthly Price Gains in Four Months Twenty of China's 70 major cities reported month-on-month increases in new home prices for June 2026, according to data published by the National Bureau of Statistics — the first time in four
LPR Stays Unchanged for 12th Consecutive Month The People's Bank of China kept its one-year Loan Prime Rate at 3.0 percent and the five-year LPR — the benchmark for most mortgage pricing — at 3.5 percent for July
Record Half-Year Trade Performance China's total goods trade in the first half of 2026 surpassed 25 trillion yuan for the first time in history, reaching 25.47 trillion yuan ($3.76 trillion) and posting year-on-year growth of 16.
PMI Breaks Below-50 Streak China's manufacturing sector returned to expansion in June 2026, with the official Purchasing Managers' Index rising to 50.3 percent from 50.0 percent in May — a 0.3 percentage-point improvement that took