Hsin Hsin: Market Generally Optimistic About China's First Quarter Economic Performance
China is about to announce its Q1 GDP figures, with the market generally optimistic about its performance, expecting a growth rate of around 4.8% to 5%. Despite the worsening Middle East situation leading to soaring oil prices, the direct impact on China's real economy has been relatively limited. Most banks and brokerages predict that China's Q1 economy will achieve a "good start" with accelerated growth. Goldman Sachs expects Q1 GDP growth of 5.5%, but due to upward revisions in oil price forecasts amidst the Middle East conflict, they lowered their Q2 GDP growth forecast to 4%.
📋 Article Processing Timeline
- 📰 Published: April 15, 2026 at 11:21
- 🔍 Collected: April 15, 2026 at 11:31 (10 min after Published)
- 🤖 AI Analyzed: April 15, 2026 at 18:54 (7h 23m after Collected)
Central News
(Central News Agency Reporter Chang Chien Hong Kong, 15th) According to reports, China will announce its Gross Domestic Product (GDP) figures for the first quarter of this year tomorrow. According to reports, the market is generally optimistic about its performance, with most expecting a growth rate between 4.8% and 5%.
In the first quarter of this year, the military strikes launched by the United States and Israel against Iran led to a sharp deterioration of the Middle East situation, resulting in the blockade of the Strait of Hormuz and soaring oil prices, posing significant pressure on the global economy. However, the impact of the Middle East conflict on China's economy so far has been limited to price levels, with relatively limited direct impact on the real economy.
The report stated that China's "Government Work Report" lowered the GDP growth target for 2026 to between 4.5% and 5%, emphasizing the pursuit of better results in actual work. Analysts believe that China's exports and industrial operations remain resilient, and the economy is expected to achieve a "good start" in the first quarter with accelerated growth, laying the foundation for achieving the economic goals for the full year.
According to reports, several banks and securities firms are optimistic about China's first-quarter economic performance, with general predictions for GDP growth around 4.8% to 5%.
According to Hsin Hsin's compilation, these financial institutions' forecasts for China's first-quarter economic growth are as follows: Standard Chartered (4.8%), ANZ Bank (over 4.5%), CITIC Securities (close to 5%), Guosheng Securities (4.8% to 5%), Shenwan Hongyuan (around 5%), Yuekai Securities (around 5%), China Merchants Securities (around 5%).
According to reports, Ding Shuang, Chief Economist for Greater China and North Asia at Standard Chartered Bank, said that the Middle East conflict will certainly have an impact on China, but the impact will be smaller than in other countries. He is confident in China's energy diversification and expects China's economy to achieve a growth rate of 4.8% in the first quarter.
According to reports, major international investment bank Goldman Sachs stated that China's macroeconomic data for January and February exceeded expectations, reflecting strong growth momentum in the first quarter, and they expect real GDP growth to be 5.5% in the first quarter. However, due to the continued closure of the Strait of Hormuz and further upward revisions in oil price forecasts, the bank lowered its forecast for real GDP growth in the second quarter to 4%, reflecting the short-term impact of supply-side energy shocks.
For the full year, Goldman Sachs maintained its forecast for China's GDP growth of 4.7% in 2026. (Editor: Chen Kai-yu) 04151150415
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(Central News Agency Reporter Chang Chien Hong Kong, 15th) According to reports, China will announce its Gross Domestic Product (GDP) figures for the first quarter of this year tomorrow. According to reports, the market is generally optimistic about its performance, with most expecting a growth rate between 4.8% and 5%.
In the first quarter of this year, the military strikes launched by the United States and Israel against Iran led to a sharp deterioration of the Middle East situation, resulting in the blockade of the Strait of Hormuz and soaring oil prices, posing significant pressure on the global economy. However, the impact of the Middle East conflict on China's economy so far has been limited to price levels, with relatively limited direct impact on the real economy.
The report stated that China's "Government Work Report" lowered the GDP growth target for 2026 to between 4.5% and 5%, emphasizing the pursuit of better results in actual work. Analysts believe that China's exports and industrial operations remain resilient, and the economy is expected to achieve a "good start" in the first quarter with accelerated growth, laying the foundation for achieving the economic goals for the full year.
According to reports, several banks and securities firms are optimistic about China's first-quarter economic performance, with general predictions for GDP growth around 4.8% to 5%.
According to Hsin Hsin's compilation, these financial institutions' forecasts for China's first-quarter economic growth are as follows: Standard Chartered (4.8%), ANZ Bank (over 4.5%), CITIC Securities (close to 5%), Guosheng Securities (4.8% to 5%), Shenwan Hongyuan (around 5%), Yuekai Securities (around 5%), China Merchants Securities (around 5%).
According to reports, Ding Shuang, Chief Economist for Greater China and North Asia at Standard Chartered Bank, said that the Middle East conflict will certainly have an impact on China, but the impact will be smaller than in other countries. He is confident in China's energy diversification and expects China's economy to achieve a growth rate of 4.8% in the first quarter.
According to reports, major international investment bank Goldman Sachs stated that China's macroeconomic data for January and February exceeded expectations, reflecting strong growth momentum in the first quarter, and they expect real GDP growth to be 5.5% in the first quarter. However, due to the continued closure of the Strait of Hormuz and further upward revisions in oil price forecasts, the bank lowered its forecast for real GDP growth in the second quarter to 4%, reflecting the short-term impact of supply-side energy shocks.
For the full year, Goldman Sachs maintained its forecast for China's GDP growth of 4.7% in 2026. (Editor: Chen Kai-yu) 04151150415
Stand with facts, your every sponsorship is a force to protect press freedom
Download the Central News Agency "One-Handed News" APP to grasp the latest news in real time
Text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
Keywords: None