China’s industrial economy showed resilience in the first quarter of 2026 (Q1CY’26), with value-added industrial output rising 6.1% y-o-y, up 1.1 percentage points from the previous quarter. The expansion was driven by strong growth in high-tech and advanced manufacturing sectors, even as policymakers maintained a cautious stance, setting a full-year GDP growth target of 4.5-5%, the lowest since 1991.

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