Economic outlook in China

The latest number: China's GDP grew by 4.7 percent year on year in the first half of 2026. The latest meeting: the CPC Central Committee Political Bureau meeting. It noted that since the beginning of this year, China's economy has shown a trend characterized by new growth drivers and improving economic structure. The meeting called for efforts to advance the planning and development of six major infrastructure networks, strengthen long-term and stable support for basic research, implement the AI Plus Initiative, foster new forms of the smart economy, and improve the governance system for artificial intelligence. Where is the Chinese economy exactly headed?