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World News May 19, 2026

China maintains steady growth in first four months of 2026, say officials

China’s economy maintained steady growth in the first four months of 2026, with high-tech and industrial sectors leading the expansion, according to the National Bureau of Statistics.
Value-added industrial output rose 5.6% year on year, driven by strong gains in equipment manufacturing and high-tech manufacturing, which grew significantly faster than overall industrial output. Services also expanded steadily, supported by growth in IT, financial services, and business-related sectors.
Consumer spending rose modestly, with retail sales increasing 1.9%, while online shopping continued to outperform traditional retail. Exports remained a bright spot, with total trade rising 14.9% year on year.
Officials highlighted that innovation, digitalization, and green transformation are increasingly shaping growth, while employment stayed broadly stable.
Credit : CGTN

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