Hangzhou's Economic Performance in the First Half of 2026

In the first half of the year, Hangzhou adhered to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as its guide, earnestly implemented General Secretary Xi Jinping's "4+1" important requirements and the Provincial Party Committee's "132" overall work deployment, solidly advanced the ten key annual tasks, accelerated the cultivation of new quality productive forces, and fully released policy effects. The city's economy maintained stability while improving in quality and moved toward new and positive development. According to the unified accounting results of regional GDP, the city's GDP in the first half of the year was 1,201.3 billion yuan, a year-on-year increase of 5.3% at constant prices. By industry, the value added of the primary industry was 16.3 billion yuan, up 4.1%; the value added of the secondary industry was 280.6 billion yuan, up 5.1%; and the value added of the tertiary industry was 904.5 billion yuan, up 5.4%.