---
title: "Fitch: China's Exports Remain Resilient, Buffering Weak Domestic Demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293711222.md"
description: "Fitch Ratings highlights China's economic divergence, noting that resilient exports in EVs, batteries, and tech sectors buffered weak domestic demand, supporting 4.7% H1 GDP growth. While policy support and AI-related investments boosted activity, Fitch expects continued headwinds from a weak labor market, subdued confidence, property adjustments, and overcapacity to pressure household consumption and profit margins."
datetime: "2026-07-24T06:34:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293711222.md)
  - [en](https://longbridge.com/en/news/293711222.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293711222.md)
---

# Fitch: China's Exports Remain Resilient, Buffering Weak Domestic Demand

Fitch Ratings said China's economic divergence has intensified, with export-oriented industries delivering strong performance. Together with continued policy support, this has mitigated the impact of weak domestic demand and uneven private-sector activity, allowing GDP to record growth of 4.7% in the first half of the year. During the period, export-driven sectors, particularly electric vehicles, batteries, advanced manufacturing and tech supply chains, continued to benefit from robust global demand. AI-related investment also boosted activity in areas including computing infrastructure, data centers and power supply, while the credit benefits of industrial upgrading are continuing to expand.

Fitch recently upgraded ratings for China's state-owned power generation sector to reflect the growing strategic importance of reliable electricity supply for China's energy security and AI-related infrastructure construction. Fitch expects weak labor market conditions, subdued confidence and the ongoing adjustment in the property market to continue weighing on household consumption, while private investment remains weak. Overcapacity and intense competition are also continuing to pressure pricing power and profit margins across multiple domestic demand-related industries.(gc/a)

## Related News & Research

- [Goldman Sachs Says This 1 Stock Is Set to Be the Biggest AI Productivity Winner](https://longbridge.com/en/news/296259340.md)
- [Gen Z used to embrace AI. Now most young adults fear it will steal their jobs.](https://longbridge.com/en/news/296389394.md)
- [14:46 ETUniversity of Phoenix student survey points to responsible use, judgment and real-world practice as foundations of AI readiness](https://longbridge.com/en/news/296260376.md)
- [CITYVA: Strong revenue growth in H1 2026 offset by lower profitability from integration and investment costs](https://longbridge.com/en/news/296061840.md)
- [Canal Ventures CEO Matsuoka spotlights SQUEEZE’s AI-led push to lift hotel productivity at BIPROGY Forum 2026](https://longbridge.com/en/news/296041975.md)