BEIJING, September 29, 2026: China’s latest August economic data are being closely watched as policymakers increase support for investment and consumption amid signs of slower momentum.
The State Council’s latest policy discussions highlighted the need to strengthen counter-cyclical adjustment, accelerate government-bond use and advance major projects. Reuters reported that China’s second-quarter growth slowed to 4.3%, while several indicators weakened at the start of the third quarter. citeturn0news7
China Government has also published an overview of the country’s August economy.
Industrial profits remain positive
Separate official data showed that profits of major industrial enterprises rose 15.7% year on year during January-August 2026, reaching 5.27198 trillion yuan.
Read NewsNationOnline’s detailed industrial-profit report.
Policy response
China’s cabinet has called for faster implementation of existing policies, quicker bond issuance and stronger measures to support investment, consumption, employment and income growth. citeturn0news7
Technology remains a bright area
High-tech manufacturing and AI-related industries have continued to show comparatively strong growth. Tax data reported by Xinhua showed high-tech industry sales rising 15.7% in the first eight months.
Sources: China Government, Reuters and Xinhua.
Discover more from NewsNation Online
Subscribe to get the latest posts sent to your email.
आपके लिए सुझाव
