A projected 10% surge in exports driven by global AI and green energy demand is expected to offset sluggish consumption and a prolonged real estate slump
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Workers manufacture four-wheel all-terrain vehicles for export at a workshop in Wuyi county, Zhejiang province, on May 13, 2026. Photo: VCG
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The project could herald further policy support for the economy, as the boost from the trade-in programmes fades, Hong says.
The investment bank also raised its price targets on two Chinese companies that develop artificial intelligence models.
