[SMM Flash News] China's GDP Up 5.0% YoY in Q1

Published: Apr 16, 2026 16:24

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The National Bureau of Statistics (NBS) today released the national economic performance data for Q1 2026. According to preliminary estimates, China's GDP in Q1 reached 33,419.3 billion yuan, up 5.0% YoY in real terms, accelerating by 0.5 percentage points from Q4 of the previous year. By industry, the value added of the primary industry was 1,194.1 billion yuan, up 3.8% YoY; the secondary industry was 11,613.5 billion yuan, up 4.9% YoY; and the tertiary industry was 20,611.7 billion yuan, up 5.2% YoY. On a QoQ basis, GDP grew 1.3% in Q1.

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