Rebalancing Growth: China Economic Update

https://www.worldbank.org/en/news/press-release/2026/07/07/rebalancing-growth-china-economic-update?cid=ECR_E_NewsletterWeekly_EN_EXT&deliveryName=DM285629 BEIJING, July 7, 2026 — China’s economy stayed resilient in early 2026, supported by strong high-tech investment and exports, according to the World Bank’s latest China Economic Update, Rebalancing Growth. The report shows that policy support, high-tech investment, and buffers against global energy supply disruptions partly offset weaker domestic demand in the second quarter. However, as the property sector continues to adjust to lower housing demand and consumers remain cautious, growth is projected to slow to 4.4% in 2026. Growth is expected to ease further to 4.3% in 2027, as progress in rebalancing the economy toward consumption remains gradual.