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China's Q2 GDP Grows 4.3% Year-on-Year, Below Full-Year Target Range

Date2026.09

LocationChina

Fact statusReported

Importance IV ●●●●●

Verification Reported · 1 Sources

Data show that China's GDP grew only 4.3% year-on-year in the second quarter, below the full-year target range of 4.5% to 5%, with the property market remaining sluggish and weak consumption and investment figures.

Evidence EVIDENCE

Sources 1 · Archived 0

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李老师不是你老师

2026-09-30 15:31 · 9月29日，中国财政部宣布首套房贷每年1个百分点利息补贴，最长五年，央行同日下调PSL利率25个基点至1.5%并扩大支持范围。

First-hand ●●●●●

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Context CONTEXT

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This event China's Q2 GDP Grows 4.3% Year-on-Year, Below Full-Year Target Range 2026.09 · Reported

Effect

Follow-up China's GDP grows 4.7% year-on-year, total retail sales of consumer goods up 1.3%

07.15 ·Reported ·Importance III ·China

Follow-up Japanese Media Survey Forecasts China's Q3 GDP to Grow 4.4% Year-on-Year

10.07 ·Reported ·Importance II ·China

Includes

China's GDP Grows 4.7% in First Half of the Year

07.15 ·Official claim ·Importance IV ·China

Coverage of this event COVERAGE

Sayings · 2026-09-30 15:20 On September 29, China's Ministry of Finance announced an interest subsidy of 1 percentage point per year on first-home mortgages for up to five years, while the central bank cut the PSL rate by 25 basis points to 1.5% the same day and expanded the scope of support.

Report