BAKU, Azerbaijan, August 15. China’s economic
growth is expected to remain resilient in 2026, supported by
exports, advanced manufacturing and targeted policy measures, OPEC
said.


According to OPEC’s Monthly Oil Market Report for August 2026,
China’s economy grew by 4.3% year-on-year in the second quarter,
following 5% growth in the first quarter. Average growth reached
4.7% in the first half of the year, keeping the government’s
full-year target of around 5% within reach.


OPEC expects China’s economy to expand by 4.6% in 2026 and 4.5%
in 2027, with advanced manufacturing, exports and policy support
remaining key contributors to growth.


The report noted that industrial output continued to expand,
rising 5.3% year-on-year in June, compared with 4.5% in May and
4.1% in April.


China’s external trade also maintained strong momentum. Exports
reached a record $412.4 billion in June, up 27% year-on-year, while
imports increased 36% to $286.8 billion.


OPEC highlighted strong exports of high-tech goods,
semiconductors, automobiles and AI-related products. The
organization also expects demand for AI-linked electronics,
clean-energy products and other technology-intensive goods to
support China’s export performance.







According to the report, policymakers are also focusing on
high-tech manufacturing and AI supply chains, alongside
infrastructure development in areas including power, computing,
communications and logistics.


OPEC said China’s export diversification, together with an
improving domestic consumption outlook, will shape the country’s
economic growth in 2027.


The expansion of China’s industrial and manufacturing output is
also closely linked to the country’s external trade, as a
significant share of manufactured goods is destined for
international markets. China uses multiple transport routes to
deliver these exports to overseas markets, with the Middle Corridor
gaining increasing attention as an alternative east-west route
connecting China with Europe. As Beijing continues to expand trade
and manufacturing ties with European and other international
markets, the reliable operation and further development of such
routes could become increasingly important for maintaining
efficient export flows and supporting China’s longer-term economic
growth.


Against this backdrop, the International Transport Forum (ITF)
told Trend in an
exclusive interview that the Middle Corridor would retain its
strategic importance as a diversified Asia-Europe route, while
Turkmenistan could benefit from Caspian transit routes toward
Azerbaijan.


"The Middle Corridor would nevertheless retain strategic value
as a diversified Asia–Europe route that avoids both Russia and
Iran. It will continue to benefit from strong political and
investment support for Eurasian connectivity," ITF said.