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From Short-Term Relief to Long-Term Mechanism China's property financing coordination mechanism — the so-called 'white list' — was recalibrated in early 2026. Qualifying white-list projects can now have their loans rolled over for up to five years, up
A Changing Growth Mix As China's H1 2026 GDP rose 4.7%, the composition of growth is shifting decisively. The NBS noted that new quality productive forces contributed more than 40% of overall expansion, offsetting softness in property
Credit Growth Steadies The People's Bank of China reported on July 15 that China's broad money and credit aggregates held steady through H1 2026. At end-June, the stock of total social financing stood at 462.06
Employment Holds Up China's urban surveyed unemployment rate averaged 5.2% in the first half of 2026, the NBS said, with June reading 5.0% — down 0.1 percentage point from May. The figures point to a broadly
Consumer Prices Well Anchored China's consumer inflation remained benign in June 2026. The CPI rose 1.0% year-on-year and fell 0.3% month-on-month, with core CPI (excluding food and energy) also at +1.0% — leaving ample room for
A Historic First Half China's total goods trade reached 25.47 trillion yuan in the first half of 2026, up 16.9% year-on-year and a fresh record for any first half, customs data showed. Exports rose 13.4%
Growth Cools but Stays Resilient China's economy expanded 4.7% year-on-year in the first half of 2026, the National Bureau of Statistics (NBS) reported on July 15, with gross domestic product reaching 69.5704 trillion yuan (about 69,
Seasonal Uplift Arrives on Schedule China's housing rental market entered its expected seasonal upturn in June 2026, driven by the annual graduation wave and peak job-hunting season. Each June, millions of university graduates across the country begin their
A Landmark Monetary Policy Move The People's Bank of China (PBOC) announced a reduction of the 7-day reverse repurchase (reverse repo) operation rate by 10 basis points to 1.4% — the first policy rate cut of 2026. This
A Sustained and Meaningful Decline China's unsold commercial housing inventory has now fallen for four consecutive months on a year-on-year basis — a trend that, if sustained through the rest of 2026, could begin to meaningfully reduce the sector&