# National Bureau of Statistics
Latest news and articles about National Bureau of Statistics
Total: 68 articles found
China’s Structural Pivot: As Property Drags, Beijing Bets the House on 'New Quality' Infrastructure
China's fixed-asset investment fell 4.1% through May, driven by a 16.2% slump in real estate, but Beijing is doubling down on high-tech manufacturing and the 'Six Networks' infrastructure plan. Massive fiscal stimulus, including 1.75 trillion RMB in bonds and budget funds, is being deployed to pivot the economy toward 'New Quality Productive Forces.'
China’s Property Gloom Deepens as Investment and New Starts Continue Double-Digit Slide
Official data reveals a 16.2% decline in China's real estate investment and a 22.6% drop in new starts through May 2026. The sector faces a persistent liquidity crisis and weak buyer demand, despite government efforts to stabilize the market.
China’s Investment Paradox: Tech Ascends as Private Capital Retreats
China's fixed-asset investment fell 4.1% in the first five months of 2026, driven by a sharp 7.1% drop in private capital and a 6.8% slump in the service sector, despite a 9.3% surge in high-tech intellectual property investments.
China’s Industrial Engine Revs as High-Tech Pivot Offsets Lingering Property Drags
China's industrial output grew by 4.5% in May 2026, fueled by a massive 17% surge in high-tech electronics and robust export growth. However, traditional sectors like steel and cement remain weighed down by the persistent real estate slump, illustrating a two-track economic recovery.
China’s Two-Track Economy: High-Tech Surges While Consumers Pull Back
China's May economic data highlights a widening gap between a booming high-tech industrial sector and a contracting retail market. While advanced manufacturing and exports are driving growth, the persistent real estate slump and weak domestic consumption continue to threaten the stability of the broader recovery.
China’s Green Pivot Gains Momentum as Renewables Surge and Fossil Fuels Retreat
China’s power generation grew by 4.2% in May, led by double-digit gains in solar and hydroelectric output while fossil fuel processing and coal production contracted. The data highlights a deepening structural shift toward renewable energy as the primary driver of industrial power demand.
China’s Consumer Engine Sputters as May Retail Sales Dip into Surprise Contraction
China's retail sales fell 0.6% in May 2026, marking a significant slowdown in consumer spending despite a modest 1.4% gain over the first five months. The contraction was largely driven by a slump in automotive sales and a decline in urban physical retail, while online sales and rural markets provided the only sources of growth.
China’s Property Market Finds a Floor in Mega-Cities as Tier-One Prices Rebound
China's first-tier cities saw a modest rebound in home prices in May 2026, even as smaller cities continued to face downward pressure. While year-on-year declines are narrowing nationally, the data suggests a permanent divergence between elite urban markets and the struggling provincial interior.
China’s Tepid Recovery: May CPI Edges Up as Pork Slump Offsets Service Gains
China's CPI rose 1.2% in May 2026, driven by a 1.9% increase in non-food prices that was partially offset by a sharp 16.1% drop in pork prices. The data reflects a bifurcated economy where service demand is recovering while food and commodity sectors face persistent deflationary weight.
China's High-Tech Pivot Pays Off: Industrial Profits Surge Amidst a Shifting Economic Landscape
China’s industrial profits grew 18.2% in the first four months of the year, driven primarily by a massive 44.8% surge in high-tech manufacturing. While efficiency is improving and tech sectors are booming, industries tied to the domestic property market continue to see sharp profit declines, highlighting a structural split in the economy.
China’s Consumption Crisis: Retail Growth Hits Three-Year Low as Urban Demand Recedes
China's retail sales growth collapsed to 0.2% in April 2026, marking a three-year low as urban consumption contracted. The slump is driven by a combination of a property-induced negative wealth effect, a dragging automotive sector, and weakening consumer confidence in long-term income growth.
China’s Two-Track Recovery: Industrial Might Masking a Domestic Consumption Deficit
China's economic data for January-April shows robust industrial growth driven by high-tech manufacturing and exports, contrasting sharply with a deepening real estate slump and weak domestic retail sales. The figures highlight a structural shift toward technology-led growth as the property sector continues to contract.