Chengdu-Chongqing Economic Circle GDP Hits 4.5 Trillion Yuan in H1 2026, Up 4.6%
The Chengdu-Chongqing Economic Circle achieved a GDP of 4.49556 trillion yuan in the first half of 2026, a 4.6% year-on-year increase, outpacing the western China average by 0.5 percentage points. Sectoral growth included agriculture (3.7%), manufacturing (3.9%), and services (5.1%). High-tech manufacturing investment surged 17.1%, and foreign trade grew 14.4%. The region added 913,000 urban jobs, with stable unemployment at 5.3% and improved air quality.
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Chengdu-Chongqing Economic Circle GDP Reaches 4.5 Trillion Yuan in First Half of 2026
According to a post on the official WeChat account of the Sichuan Provincial Bureau of Statistics, as reported by CLS on September 24, the Chengdu-Chongqing Economic Circle achieved a gross domestic product (GDP) of 4.49556 trillion yuan in the first half of 2026, representing a year-on-year increase of 4.6%. This growth rate was 0.5 percentage points higher than the average for the broader western region of China, underscoring the area's continued role as a leading engine for the western region. Breaking down the data by sector, the primary industry (agriculture) grew by 3.7%, the secondary industry (manufacturing and construction) expanded by 3.9% (0.2 percentage points above the western region average), and the tertiary industry (services) increased by 5.1% (0.8 percentage points above the western region average). The report attributes the region's performance to its 'leading goose' effect within western China.
Read sourceChengdu-Chongqing Economic Circle GDP Grows 4.6% to 4.5 Trillion Yuan in First Half of 2026
According to data released by the Sichuan Provincial Bureau of Statistics on September 24, the Chengdu-Chongqing Economic Circle achieved a gross domestic product of 4,4955.6 billion yuan in the first half of 2026, a year-on-year increase of 4.6%. This growth rate was 0.5 percentage points higher than the average for Western China, reinforcing the region's role as a leading engine in the west. The primary industry grew by 3.7%, secondary industry by 3.9%, and tertiary industry by 5.1%, with the latter two outpacing Western China averages by 0.2 and 0.8 percentage points respectively. Industrial production showed strong performance, with manufacturing value-added rising 5.6%, surpassing the national average. Investment in high-tech manufacturing surged 17.1%, significantly above the national rate. Foreign trade expanded rapidly, with total imports and exports up 14.4%. The labor market remained stable, with average urban surveyed unemployment rates at 5.3% in both Chongqing and Sichuan. The urban-rural income gap continued to narrow, and air quality improved markedly, with PM2.5 concentrations dropping by over 12% in both regions.
Read sourceChengdu-Chongqing Economic Circle H1 GDP Reaches 4.5 Trillion Yuan, Up 4.6% Year-on-Year
According to data released by the Sichuan Provincial Bureau of Statistics on September 24, the Chengdu-Chongqing Economic Circle achieved a gross domestic product (GDP) of 4,495.56 billion yuan (approximately 4.5 trillion yuan) in the first half of 2024, representing a year-on-year growth of 4.6%. This growth rate was 0.5 percentage points higher than the average for the Western China region. The secondary sector grew by 3.9%, while the tertiary sector expanded by 5.1%, both outpacing Western China averages. Industrial and manufacturing value-added both grew by 5.6%, surpassing national averages. Investment in high-tech manufacturing surged 17.1%, significantly above the national rate. The region's foreign trade expanded rapidly, with total imports and exports rising 14.4%. The labor market remained stable, with the average surveyed urban unemployment rate in Chongqing and Sichuan at 5.3%. The report highlights the region's economic resilience and structural improvement amid pressures.
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High-Tech Manufacturing Investment Surges 17.1% in Chengdu-Chongqing Economic Circle in H1
According to a joint announcement by the statistics bureaus of Sichuan and Chongqing on September 23, the Chengdu-Chongqing Economic Circle maintained its leading position in western China during the first half of the year. The region's secondary industry grew by 3.9%, 0.2 percentage points higher than the western region average, while the tertiary industry grew by 5.1%, 0.8 percentage points higher. A key highlight was the industrial sector, where both industrial and manufacturing value-added output grew by 5.6%, surpassing the national average. High-tech manufacturing investment surged by 17.1%, significantly outpacing the national rate by 13.9 percentage points. The region's total import and export volume grew by 14.4%, driven by strong performance in automobiles, motorcycles, equipment, and medical devices. Consumer markets also recovered, with total retail sales of consumer goods rising 2.1%. The report also noted improvements in employment, with 913,000 new urban jobs created, and a narrowing urban-rural income gap. Environmental quality improved, with PM2.5 concentrations decreasing in both Chongqing and Sichuan.
Chengdu-Chongqing Economic Circle GDP Reaches 4.5 Trillion Yuan in First Half of 2026, Up 4.6%
According to a post on the official WeChat account of the Sichuan Provincial Bureau of Statistics, the Chengdu-Chongqing Economic Circle achieved a gross domestic product (GDP) of 4,495.56 billion yuan (approximately 4.5 trillion yuan) in the first half of 2026, representing a year-on-year increase of 4.6%. This growth rate was 0.5 percentage points higher than the average for the Western China region, underscoring the area's continued role as a leading engine for the region. Breaking down the data by sector, the primary industry (agriculture) saw a value-added increase of 3.7%. The secondary industry (manufacturing and construction) grew by 3.9%, which was 0.2 percentage points above the Western China average. The tertiary industry (services) expanded by 5.1%, outperforming the Western China average by 0.8 percentage points. The report attributes the performance to the sustained 'leading role' of the economic circle within the broader Western China region.
Read sourceChengdu-Chongqing Economic Circle GDP Reaches 4.5 Trillion Yuan in First Half of 2026
According to a September 24 report from the Sichuan Provincial Bureau of Statistics, the Chengdu-Chongqing Economic Circle achieved a gross domestic product (GDP) of 4.49556 trillion yuan in the first half of 2026, representing a year-on-year increase of 4.6%. This growth rate was 0.5 percentage points higher than the average for the western region of China, reinforcing the area's role as a leading economic engine in the west. Breaking down the sectors, the primary industry (agriculture) grew by 3.7%, the secondary industry (manufacturing and construction) expanded by 3.9% (0.2 percentage points above the western region average), and the tertiary industry (services) increased by 5.1% (0.8 percentage points above the western region average). The data was originally published by the official WeChat account of the Sichuan Provincial Bureau of Statistics and reported by People's Financial Information.
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