ECONOMY

Caixin China New Economy Gauge Rises on Capital Push

Published: Nov. 4, 2025 5:29 p.m. GMT+8

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Workers work on a production line in Wuhan. Photo: VCG

The contribution of high value-added industries such as biomedicine to China’s total economic inputs climbed in October, with a jump in capital inputs, a Caixin index showed Sunday.

The Caixin BBD New Economy Index (NEI) came in at 33.2, up 2 points from the previous month. That indicates that new economy industries accounted for 33.2% of China’s overall economic inputs.

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The Caixin BBD New Economy Index (NEI) rose to 33.2 in October, indicating new economy industries made up 33.2% of China’s economic inputs.
Capital, technology, and labor input subindexes rose to 47.8, 32.5, and 20.8, respectively.
The information technology sector was the top contributor, and the average entry-level monthly salary in tracked industries increased to 13,606 yuan ($1,911).

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Who’s Who

Caixin Data Technology Co. Ltd.: Caixin Data Technology Co. Ltd. (财新数据科技) is an entity that, in collaboration with Chinese big-data research firm BBD and the National School of Development at Peking University, authors the monthly Caixin BBD New Economy Index (NEI) reports.

BBD: BBD (数联铭品) is a Chinese big-data research firm. They collaborate with Caixin Data Technology Co. Ltd. and the National School of Development at Peking University to produce monthly reports for the Caixin BBD New Economy Index (NEI).

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