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![CBankingEditor Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::845166064015069184.png) China Banking News [@CBankingEditor](/creator/twitter/CBankingEditor) on x 10.6K followers
Created: 2025-07-24 04:52:06 UTC

1/2 China’s ailing property sector still holding back economic growth

Fu Yifu (付一夫 ) from the Xingtu Financial Research institute, says China’s enervated housing market is still the weak link in the economy that’s undermining growth.

China’s GDP grew XXX% in the first half, significantly ahead of the full-year growth target of 5%.

Fu points out that external demand made a strong contribution to growth despite Trump’s tariff war.

Net exports of goods and services accounted for XXX percentage points of GDP growth.

China’s large-scale industrial enterprises also saw robust added value growth of XXX% in the first half.

This included growth of XXX% for enterprises in the hi-tech manufacturing sector, XXXX% in the clean energy equipment sector and XXXX% in the semi-conductor sector.

Fu argues that Beijing’s “cash-for-clunkers” policy also helped to drive a reheating of household consumption.

![](https://pbs.twimg.com/media/GwmOQ2JbgAACPYz.png)

XXXXX engagements

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**Related Topics**
[gdp](/topic/gdp)
[housing market](/topic/housing-market)
[banking](/topic/banking)
[china](/topic/china)

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