The report points out that China’s economy made a strong start to 2026, supported by front-loaded policy easing and resilient external demand. Real GDP grew 5.0% year-on-year in Q1, accelerating by 0.5 percentage points from Q4 2025 and reaching the upper bound of the official ‘4.5%–5.0%’ growth target range set at the annual “Two Sessions.” Two structural developments stood out at the start of the year. First, improving domestic supply-demand conditions contributed to a recovery in nominal growth. Second, the transition from traditional to new growth drivers accelerated further.
China Economic Monitor: 2026 Q2
KPMG China today released Q2 edition of the 2026 China Economic Monitor.
