Updated
Updated · CGTN · Aug 1
All 31 Chinese Regions Post H1 Growth as Guangdong, Jiangsu Top 7 Trillion Yuan
Updated
Updated · CGTN · Aug 1

All 31 Chinese Regions Post H1 Growth as Guangdong, Jiangsu Top 7 Trillion Yuan

3 articles · Updated · CGTN · Aug 1

Summary

  • All 31 provincial-level regions in China recorded positive H1 2026 GDP growth, with most expanding more than 4.5% and several major provinces beating the 4.7% national pace.
  • 7.23 trillion yuan in Guangdong and 7.04 trillion yuan in Jiangsu put both into the 7 trillion yuan club, while Zhejiang grew 5.7% and Shandong, Shanghai and Anhui each rose 5.6%.
  • 6.3% growth in Xizang led the country, and central-western provinces gained ground as Henan and Hubei posted high-tech industrial growth of 26.1% and 36.8%, respectively.
  • 25 trillion yuan in H1 goods trade—up 16.9%—supported coastal and inland economies alike, with Zhejiang trade up 8.6% and Anhui exports helped by 1.69 million vehicles and a doubling in 'new three' shipments.
  • 59.5% of GDP came from services, which grew 5.2% and contributed 66.1% of overall growth, underscoring how manufacturing, trade and modern services are reshaping regional competition.

Insights

With domestic demand lagging, can China's booming high-tech exports truly sustain its economic miracle in 2026?
Can China's shift to innovation-led growth mask the underlying vulnerabilities in its softer property and retail sectors?
As inland provinces surge on green tech exports, what hidden risks threaten this state-guided industrial transformation?