China records 5% GDP growth in first quarter, on track for annual target
China's economy grew by 5% year-on-year in the first quarter of 2026, according to the National Bureau of Statistics. This figure, released on Thursday, surpassed economists' forecasts of 4.86% and indicates that China is on track to meet its annual growth target.

Briefing Summary
AI-generatedChina's economy grew by 5% year-on-year in the first quarter of 2026, according to the National Bureau of Statistics. This figure, released on Thursday, surpassed economists' forecasts of 4.86% and indicates that China is on track to meet its annual growth target. The growth represents an acceleration from the 4.5% recorded in the previous quarter, which was the country's weakest in three years. The report comes as the US-Israeli war on Iran continues to create uncertainty in the global economic environment. The GDP growth figure is closely watched as an indicator of China's economic health and its impact on the global economy.
Article analysis
Model · rule-basedKey claims
5 extracted4.5 per cent was China’s weakest quarterly growth in three years.
Growth accelerated from 4.5 per cent in the last three months of 2025.
Economists polled by Wind forecast 4.86 per cent growth.
The GDP growth figure was released by the National Bureau of Statistics (NBS).
China’s economy grew 5 per cent year on year in the first quarter of 2026.