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commerce
shāng yè
商业
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China
zhōngguó
中国
new
xīn
新
economy
jīngjì
经济
index
zhǐshù
指数
decline
xiàxíng
下行
。

new economy
xīn jīngjì
新经济
index
zhǐshù
指数
declines
xiàjiàng
下降
to
zhì
至
34.1
34.1
34.1
。

October 5, 2026 at 11:57 AM

Caixin
cǎixun
彩讯
BBD
BBD
BBD
new economy
xīn jīngjì
新经济
index
zhǐshù
指数
September
9 yuè
9
yuè
月
was
wèi
为
34.1
34.1
34.1
。
month-on-month
huánbǐ
环比
declined
xiàjiàng
下降
0.9
0.9
0.9
points
diǎn
点
。
new economy
xīn jīngjì
新经济
industries
chǎnyè
产业
account for
zhàn
占
China
zhōngguó
中国
overall
zhěngtǐ
整体
economy
jīngjì
经济
inputs
tóurù
投入
(particle)
de
的
34.1 percent
34.1%
34.1%
。
three
sān
三
(measure word)
xiàng
项
sub
zǐ
子
indices
zhǐshù
指数
all
quán
全
bù
部
declined
xiàhuá
下滑
。
technology
jìshù
技术
inputs
tóurù
投入
fell
xiàjiàng
下降
1.4
1.4
1.4
points
diǎn
点
to
zhì
至
31.9
31.9
31.9
。
capital
zīběn
资本
inputs
tóurù
投入
fell
xiàjiàng
下降
0.8
0.8
0.8
points
diǎn
点
to
zhì
至
47.4
47.4
47.4
。
labor
láodòng
劳动
lì
力
inputs
tóurù
投入
slipped
xiàhuá
下滑
0.7
0.7
0.7
points
diǎn
点
to
zhì
至
23.8
23.8
23.8
。
tracked
zhuīzōng
追踪
10
10
10
(measure word)
gè
个
industries
háng
行业
average
píng均
平均
salary
xīn
薪
was
wèi
为
13325 yuan
13325 yuán
13325
yuán
元
。

New Words

xīn jīngjì
新经济
new economy
zhǐshù
指数
index
tóurù
投入
input
xiàjiàng
下降
decline
huánbǐ
环比
month-on-month
zǐ
子
sub
zhǐshù
指数
indices
jìshù
技术
technology
zīběn
资本
capital
láodòng
劳动
labor

News in English

Business

Chinas 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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