Chinazhōngguó中国newxīn新economyjīngjì经济indexzhǐshù指数declinexiàxíng下行。
October 5, 2026 at 11:57 AM
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BusinessChinas New Economy Index Falls on Weaker Tech, Capital, and Labor Inputs
Chinas Caixin BBD New Economy Index declined in September 2026, with weakening performance across technology, capital, and labor input indicators signaling cooling demand in high-value industries.
The Caixin BBD New Economy Index for September 2026 came in at 34.1, declining 0.9 points from August as weaker performance across all input categories signaled a cooling trend in Chinas high value-added industries. New economy industries now account for 34.1 percent of Chinas overall economic inputs. All three sub-indices declined significantly during the month. Technology inputs fell 1.4 points to 31.9, capital inputs dropped 0.8 points to 47.4, and labor inputs slipped 0.7 points to 23.8. The average entry-level salary across 10 tracked industries stood at 13,325 yuan, with new information technology remaining the largest contributor at 12.6 points. The data suggests a broad-based deceleration in Chinas high-tech and innovation sectors after several months of robust growth.
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