Beijing, March 18: The National Bureau of Statistics of China released key economic figures for the first two months of 2026 on March 16. The data indicates significant improvements in industry, consumption, investment, and foreign trade, laying a solid foundation for achieving this year’s growth targets.
According to the statistics, the added value of the industrial sector increased by 6.3% in January and February. Retail sales of consumer goods rose by 2.8%, while service consumption saw a growth of 5.6%. Investment in fixed assets surged by 11.4%.
Professor Wang Xiaosong from Renmin University of China told China Media Group that despite global economic weaknesses and rising geopolitical tensions, China’s economic performance remained stable. This stability is attributed to the strong foundation and resilience of the Chinese economy, which holds immense potential. Furthermore, the Chinese government has long implemented targeted policies for quality development, yielding notable results.
Notably, in the first two months of this year, the added value of China’s high-tech manufacturing sector grew by 13.1% year-on-year, significantly outpacing traditional industries. Production of 3D printing materials and industrial robots increased by 54.1% and 31.1%, respectively. This growth model, focused on innovation, not only enhances the adjustment of China’s economic structure but also supports advancements for businesses in various countries.
Despite a rise in global trade protectionism, China’s imports and exports increased by 18.3% during the first two months. Importantly, China’s imports grew by 17.1% year-on-year, indicating a rise in domestic demand and showcasing China’s commitment to providing commercial opportunities for enterprises from different nations.
Local analysts believe that the implementation of the 15th Five-Year Plan will bring more positive news for global quality development.
(Source: China Media Group, Beijing)
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