Caixin
Jul 05, 2022 06:44 PM
ECONOMY

Caixin’s New Economy Index Gains on Labor, Capital Investment Growth

Workers check wind power equipment for export in Lianyungang, East China's Jiangsu province, May 16. Photo: VCG
Workers check wind power equipment for export in Lianyungang, East China's Jiangsu province, May 16. Photo: VCG

The contribution of high value-added industries such as biotechnology to China’s total economic inputs grew in June due chiefly to increases in labor and capital inputs from the previous month, a Caixin index showed Saturday.

The Caixin BBD New Economy Index (NEI) came in at 30.1 in June, indicating that new economy industries accounted for 30.1% of China’s overall economic inputs, up from 28.5% in May.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST