Workers operate in an orderly manner on the assembly line at the Fushan plant of Jiangling Motors Co., Ltd. (JMC) on July 13, 2026. Photo: VCG

　　China"s GDP expanded by 4.7 percent year-on-year to 69.57 trillion yuan ($10.28 trillion) in the first half of 2026, remaining well within the government"s annual growth target of 4.5 to 5 percent and showing resilience despite growing global economic uncertainties, data released by the National Bureau of Statistics (NBS) showed on Wednesday.

　　In the second quarter alone, the economy expanded by 4.3 percent compared with the same period last year, easing from the 5.0 percent growth recorded in the first quarter.

　　Despite a slight moderation in the second quarter, the first-half figure demonstrates that the world"s second-largest economy continues to maintain a stable and positive growth momentum despite challenges that range from rising geopolitical tensions, oil price shocks and global trade frictions to uncertainties in the external environment, observers said.

　　They highlighted new growth drivers emerging from high-tech and green industries, which have been gaining strong traction as China accelerates its manufacturing upgrade, advances the creation of new quality productive forces, and the world embraces a wave of artificial intelligence (AI) investment.