A recent set of authoritative economic data has been released, providing a clear picture of the current overall performance of China's economy.
Facing a complex and changing domestic and international environment, China's economy has withstood pressure, achieved steady progress, and improved in quality and efficiency. The overall situation shows a sound pattern with a stable foundation, abundant momentum, and strong resilience.
Through this set of solid and hardcore data, the development code of China's economy can be clearly deciphered: a bumper harvest solidifies the real economy's foundation, while technological momentum activates the driving force for high-quality development, outlining the distinctive profile of a major economy's high-quality development.
A bumper harvest solidifies the foundation, with the real economy serving as a stabilizer. Agricultural stability ensures national security, and a steady grain harvest is the fundamental guarantee for China's economy to move forward steadily. Data shows that the national summer grain output exceeded 300 billion jin for the first time, maintaining stable and abundant production year after year. This firmly secures the national food security底线, creating a solid livelihood foundation for the stable operation of the economy and society. The energy security capability has also been upgraded simultaneously, with the national total installed power generation capacity reaching 4.04 billion kilowatts, continuously strengthening the energy support for industrial development. With abundant agricultural production, stable energy supply, and a solid real economy, these multiple fundamentals jointly support the macroeconomic landscape, effectively cushioning market fluctuations and external risks. This creates a stable and orderly development environment for the transformation and implementation of technological innovations.
Technological momentum activates growth drivers, with innovation forging the core strength of development. The solid real economy foundation provides robust support for the application of technological innovations and the accelerated growth of new productive forces. Breakthroughs have been achieved in multiple areas, including the science and technology industry, digital infrastructure, advanced manufacturing, and foreign trade and consumption, with new growth drivers being continuously unleashed. At the 2026 World Artificial Intelligence Conference, the intended procurement amount reached 20.36 billion yuan, a year-on-year increase of 25%. In the first half of the year, the value added of industries above a designated size grew by 5.4% year-on-year, indicating steady improvement in the industrial economy. Consumption-driven initiatives have yielded significant results, with the trade-in program for consumer goods driving sales of over 1.25 trillion yuan and benefiting 169 million people. Digital infrastructure continues to lead, with the nation having built 5.102 million 5G base stations and 32.86 million 10G PON ports, solidifying the foundation for the digital economy. The advantages of intelligent foreign trade are evident, with automobile exports reaching 635.82 billion yuan, up 48.3% year-on-year, and new energy vehicle exports hitting 360.68 billion yuan, with a growth rate of 68.7%. China leads the global intelligent equipment sector, with its quadruped robots capturing nearly 70% of the global sales share, and its humanoid robot products exceeding 400 types, accounting for over half of the global total. Continuously empowering industrial upgrading with hardcore technological innovation injects abundant momentum into the high-quality development of the economy.
Two-way empowerment and deep linkage: the synergy between the real economy and technological innovation unleashes development dividends. The real economy and technological innovation do not operate in a one-way manner but are mutually reinforcing, empowering each other, and deeply integrated, forming a virtuous cycle of high-quality development. The stable agricultural harvests, ample energy supply, and comprehensive real industrial system provide a vast range of application scenarios and a mature landing soil for various technological innovations and products, allowing innovative achievements to be quickly transformed into real development results. Conversely, continuously iterative technological innovation and rapidly emerging new industries empower the transformation and upgrading of traditional industries, driving the continuous optimization of the industrial structure and the steady improvement of development quality and efficiency. This has forged a unique competitive advantage of "a solid industrial foundation fostering innovation," which has become the core resilience for China's economy to navigate economic cycles and advance steadily.
Data reveals the quality, and practical actions create results. These sets of hardcore data are both vivid footnotes to China's steady economic progress and strong evidence of its high-quality development. A bumper harvest secures the development baseline, making the economic landscape as stable as a rock. Technological momentum activates endogenous potential, ensuring a continuous stream of growth drivers. Currently, China's economy benefits from both a solid real economy foundation and robust momentum from technological innovation, boasting a solid development base and ample growth potential. Looking ahead, with the accelerated cultivation of new productive forces, the continuous advancement of technological self-reliance and self-strengthening, and the deepening integration of the real economy and technological innovation, China's economy will continue to release strong momentum for steady progress and quality improvement, moving forward confidently and steadily on the path of high-quality development.
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