China’s Services Sector Sees Robust Q1 2026 Growth
China’s services sector grows 5.2% in Q1 2026, driven by digital services and domestic consumption, NBS data shows.
News & Insights Across Asia
China’s services sector grows 5.2% in Q1 2026, driven by digital services and domestic consumption, NBS data shows.
China’s extended eight-day Spring Festival holiday ignites a surge in consumption and tourism, as millions embrace family reunions and travel adventures, driving economic growth during the most cherished celebration.
As China’s exports surge, some express concern over the impact on global markets. However, increased production from China benefits the world economy by lowering costs and promoting specialization.
President Xi Jinping visited Liaoning Province ahead of the Spring Festival, emphasizing the importance of the steel industry and the real economy, and checking market supplies to ensure a prosperous holiday season.
President Xi Jinping visited Liaoning Province ahead of the Spring Festival, emphasizing the importance of the steel industry and checking on holiday market supplies.
President Xi Jinping visited Liaoning Province ahead of the Spring Festival, emphasizing the importance of the real economy and ensuring market supplies during the holiday season.
President Xi Jinping visited northeast China’s Liaoning Province ahead of the Spring Festival, emphasizing the importance of the steel industry and checking holiday market supplies.
President Xi Jinping visited Liaoning Province ahead of the Spring Festival, emphasizing the importance of the real economy and the steel industry during his inspection of Bensteel Group and local markets.
President Xi Jinping visited Liaoning Province ahead of the Spring Festival, emphasizing the vital role of the steel industry and checking holiday market supplies in Shenyang.
President Xi Jinping visited Liaoning Province ahead of the Spring Festival, emphasizing the importance of China’s steel industry and the real economy during his tour of Bensteel Group’s cold rolling mill.
President Xi Jinping visited Liaoning Province ahead of the Spring Festival, emphasizing the importance of the steel industry and the real economy, and ensuring ample market supplies during the holiday.
At the 2025 World Economic Forum in Davos, Joe Ngai of McKinsey Greater China highlighted the impact of geopolitical tensions on global trade and underscored China’s growing economic influence.
At the 2025 World Economic Forum in Davos, McKinsey Greater China’s chairman, Joe Ngai, highlighted how geopolitical tensions are reshaping global trade, emphasizing the Chinese mainland’s robust economic growth amid uncertainty.
At the 2025 World Economic Forum in Davos, McKinsey Greater China’s chairman Joe Ngai highlighted how geopolitical tensions are driving global economic uncertainty and emphasized China’s growing influence.
At the 2025 World Economic Forum in Davos, McKinsey Greater China Chairman Joe Ngai highlighted global uncertainty driven by geopolitical tensions, predicting a restructuring of global trade amid China’s robust growth.
At the 2025 World Economic Forum in Davos, McKinsey Greater China Chairman Joe Ngai discussed the impact of geopolitical tensions on global trade, predicting restructuring driven by trade barriers and tariffs.
At the 2025 World Economic Forum, McKinsey China’s chairman Joe Ngai discussed how geopolitical tensions are causing global trade restructuring and highlighted China’s robust economic growth and influence.
At the 2025 World Economic Forum, McKinsey China Chair Joe Ngai highlighted global trade restructuring due to geopolitical tensions, urging businesses to prepare for volatility while emphasizing China’s robust growth.
At the World Economic Forum 2025 in Davos, McKinsey Greater China’s chairman Joe Ngai discussed global uncertainty fueled by geopolitical tensions, predicting a restructuring of global trade due to barriers and tariffs.
China’s economy achieved a 5% growth rate in 2024 under the dual circulation strategy, showing resilience amid global challenges. By boosting domestic consumption and advancing industrial transformation, China progresses towards high-quality development.