A ship production base in Taizhou, Jiangsu province, on Jan 11. [Photo/Xinhua]

China's economy expanded 4.7 percent year-on-year in the first half of 2026, the National Bureau of Statistics said on Wednesday, in a sign of its resilience amid mounting external headwinds.

In the second quarter, the economy grew 4.3 percent from a year earlier, following 5 percent growth in the first quarter.

According to the NBS, China's GDP reached 69.57 trillion yuan ($10.28 trillion) in the first half, while on a quarter-on-quarter basis, GDP expanded by 0.9 percent in the second quarter.

The bureau noted that the economy withstood pressure and operated within a reasonable range in the first half, with new quality productive forces gaining momentum.