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

Published: Apr 16, 2026 16:24

Save

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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

37 mins ago

Aluminum Alloy Prices Steady, Futures Edge Down Ahead of Dragon Boat Festival

[SMM Aluminum Alloy Daily Review] Futures side, the most-traded cast aluminum alloy 2608 contract opened at 23,330 yuan/mt today. It rallied to an intraday high of 23,420 yuan/mt before bulls lost momentum and the price came under pressure, falling to a low of 23,250 yuan/mt. As of the morning close, it edged down 0.15% on the day. Spot side, the ADC12 market overall maintained a stable price trend today with limited fluctuations. SMM ADC12 held steady at 24,100 yuan/mt. With the Dragon Boat Festival holiday approaching, downstream die-casting enterprises showed limited purchasing interest, mostly restocking as needed, and no significant pre-holiday stockpiling activity emerged. Against a backdrop where both sellers and buyers lacked new drivers, enterprises generally held prices steady an

37 mins ago

52 mins ago

Falling Aluminum Prices, Combined with the Impact of Pre-Holiday Stockpiling, Boost Market Purchasing Sentiment [SMM Spot Aluminum Midday Review]

52 mins ago

59 mins ago

Geopolitical Premium Receding Coupled with Hawkish US Fed, Aluminum Prices Dip under Internal and External Pressure [SMM Aluminum Weekly Review]

[SMM Aluminum Weekly Review: Geopolitical Premium Recedes, Coupled with Hawkish US Fed, Aluminum Prices Fall Under Pressure Both at Home and Abroad]

59 mins ago