China's economic growth in 2026 is expected to be driven mainly by resilient exports, manufacturing, and infrastructure, Standard Chartered economists said on Wednesday.

But the bank's analysts, who had revised their GDP growth forecast for the nation from 4.3 to 4.6 percent, also warned of a sluggish property market.

"We do not expect a turnaround of the property sector... But in the meantime, the share of the property sector in the economy is declining," said Ding Shuang, the bank's chief economist for Greater China and North Asia.

"China is trying to offset the negative impact from the property sector by other measures, including domestic consumption, the service sector, infrastructure and manufacturing investment."

Ding said trade tensions between China and the United States appeared to ease following a truce, but cautioned against other external risks.

"Because China's exports continue to be very competitive and its trade surplus continues to expand, the trade tension with the Eurozone, with some other countries could start to rise," he said.

On Hong Kong, economist for Greater China Hunter Chan said improved trade ties would likely offer more stability in exports despite slower growth.

The lender is forecasting the city's GDP growth this year to reach 2.5 percent, Chan added.