China's economy stays resilient in first four months

China's economy posted a steady recovery in the first four months of 2026, with key indicators rebounding and new growth drivers gaining momentum.

Data released Monday by the National Bureau of Statistics showed that value-added industrial output rose 5.6 percent year on year in the first four months of 2026.

Retail sales of consumer goods, a key measure of consumption, grew 1.9 percent over the same period.

Total foreign trade reached 16.23 trillion yuan, up 14.9 percent year on year. The national services production index increased 4.9 percent, with modern services maintaining solid momentum.

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Illustration of China's record Q1 foreign trade growth, depicting a busy port with ships, cranes, and surging trade graphs.
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China's Q1 foreign trade up 15%, fastest in five years

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China's foreign trade reached 11.84 trillion yuan ($1.63 trillion) in the first quarter of 2026, up 15% year on year, the fastest quarterly growth in nearly five years, officials from the General Administration of Customs announced on Tuesday. Exports totaled 6.85 trillion yuan, up 11.9%, while imports rose 19.6% to 4.99 trillion yuan. The figure marks the first time first-quarter trade has exceeded 11 trillion yuan.

Official data showed China's value-added industrial output rose 5.6 percent year on year in the first four months of 2026. Growth in April reached 4.1 percent from a year earlier.

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Official data showed China's fixed-asset investment dropped 1.6 percent year on year in the first four months of 2026, the National Bureau of Statistics reported.

India's economy expanded 7.8 percent in the March quarter, beating forecasts and lifting full-year growth for fiscal 2026 to 7.7 percent. The result was supported by strong private investment and consumption.

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The Bank of Korea reported on June 9 that real GDP rose 1.8 percent in the first quarter from the previous quarter. This marks the fastest quarterly growth in more than five years.

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