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Beijing's top decision-making body recommitted to stabilising the property sector in its second-half economic plan, with urban renewal capital set to accelerate and counter-cyclical policy coordination back on the agenda.
"Bottoming Out" Is the Consensus China's property market is showing clear signs of stabilisation and recovery, according to a mid-year review published by Xinhua on July 27. The headline assessment — that the market's "
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
National Picture: 69.57 Trillion Yuan GDP China's national GDP reached 69.57 trillion yuan in the first half of 2026, with the country's 31 provinces and municipalities all contributing to a broadly positive economic landscape.
Record Trade Performance The Beijing-Tianjin-Hebei region, along with the Yellow River Basin and Northeast China, each set new historical records for goods trade volume during the first half of 2026, official data shows. The Beijing-Tianjin-Hebei region alone recorded total trade
Policy Scale and Coverage As of late July 2026, nearly 90 cities across China have introduced housing purchase subsidy programs targeting homebuyers, according to the China Index Academy (Zhongzhi Yanjiu Yuan). The wave of subsidies forms part of a broader
Revenue Performance Property tax collected 278.2 billion yuan in revenue during the first half of 2026, growing 6.3% year-on-year and emerging as the single largest source of local government tax income, according to data from the Ministry of
Pilot Program Overview Shanghai has acquired 551 second-hand homes for use as public rental housing under a pilot program launched in February 2026, the Shanghai Municipal Housing Authority confirmed on July 26, 2026. The initiative — under which the government purchases
Economic Snapshot: Wuhan's H1 2026 Performance Wuhan, the capital of central China's Hubei province, recorded GDP of 1.124 trillion yuan (approximately USD 156 billion) in the first half of 2026, expanding 5.7% year-on-year, according
GDP Breakdown by Province China's four largest economic provinces have released their first-half 2026 performance data, painting a picture of differentiated but broadly resilient growth across the country's economic backbone. Guangdong province retained its top position