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Services and Construction Cushion the Factory Contraction While China's manufacturing PMI fell to 49.2% in July 2026 — slipping back into contraction — the non-manufacturing PMI remained comfortably above the 50-point expansion threshold, the National Bureau of Statistics confirmed
Land Sales Revenue Halved Year-on-Year China's state land sales revenue fell to approximately 1.5 trillion yuan in the first half of 2026, a decline of approximately 31.5% year-on-year from around 2.18 trillion yuan in H1
China's Big-City Economy in Numbers China's 67 largest cities — the 'large and strong cities' — accounted for 61% of national GDP as of 2025, a share that has risen by 2.19 percentage points over
A More Selective Global Ranking China had 122 companies on the 2026 Fortune Global 500 list, published on July 28, down from 130 in the 2025 edition — a reflection not of weakening corporate power but of a higher entry threshold.
Manufacturing Credit Outpaces the Broader Market The People's Bank of China (PBOC) released its Q2 2026 financial institution loan breakdown on July 28, revealing that medium- and long-term loans to the manufacturing sector grew 29.7% year-on-year — outpacing
Two Provinces, One Historic Milestone China's two economic powerhouses — Guangdong and Jiangsu — both surpassed the 7-trillion-yuan threshold for the first time in the first half of 2026, a milestone underscoring the country's coastal manufacturing engine even
A Second Straight Month of Contraction China's manufacturing sector fell back into contraction territory in July 2026, with the official purchasing managers' index (PMI) dropping to 49.2% from 50.3% in June — a steep 1.1
China collected over 10 trillion yuan in H1 2026 taxes, up 4.9 percent, as active businesses surged 20.2 percent. Tax cuts and refunds totalled 1.91 trillion yuan across four strategic vectors.
Health-Tech Exports Join the High-Growth Club China's medical device exports reached $27.096 billion in the first half of 2026, a year-on-year surge of 12.47%, as demand from Belt and Road partners, Africa and Latin America drove
Hydraulic Ambitions China invested more than 515 billion yuan in water conservancy projects during the first half of 2026, the Ministry of Water Resources reported, as the country accelerates construction of flood control infrastructure, water diversion systems and rural irrigation