ECONOMY

China’s New Economy Industries Tread Water

Published: Jun. 3, 2025 7:52 p.m. GMT+8

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Wind turbine blades were exported from Lianyungang Port to Vietnam on May 13. Photo: Xinhua

The contribution of high value-added industries such as biomedicine to China’s total economic inputs held steady last month, as an increase in technology inputs was offset by a decline in capital inputs, a Caixin index showed Monday.

The Caixin BBD New Economy Index (NEI) came in at 33.1 in May, unchanged from the previous month, indicating that new economy industries accounted for 33.1% of China’s overall economic inputs. The reading was the joint-lowest since October.

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The Caixin BBD New Economy Index (NEI) was 33.1 in May, unchanged from the previous month.
This indicated new economy industries accounted for 33.1% of China’s overall economic inputs.
An increase in technology inputs was offset by a decline in capital inputs; labor inputs remained steady.

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