ECONOMY

China’s New Economy Index Hits Five-Month High on Capital Gains

Published: Jan. 2, 2026 5:38 p.m. GMT+8

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The contribution of high value-added industries such as biomedicine to China’s total economic inputs rebounded in December to reach a five-month high, with an increase in capital inputs, a Caixin index showed.

The Caixin BBD New Economy Index (NEI) came in at 33.4, up 1.8 points from the previous month. That indicates that new economy industries accounted for 33.4% of China’s overall economic inputs.

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This is an AI-generated English rendering of original reporting or commentary published by Caixin Media. In the event of any discrepancies, the Chinese version shall prevail.

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The Caixin BBD New Economy Index rose to 33.4 in December, indicating new economy industries made up 33.4% of China’s economic inputs.
Capital inputs subindex reached a five-month high at 47.9, while technology and labor inputs were 32.8 and 21.2, respectively.
The new information technology sector contributed 13.5 to the index, and average entry-level salaries rose to 13,560 yuan ($1,946).

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Who’s Who

Caixin Data Technology Co. Ltd.: Caixin Data Technology Co. Ltd. writes monthly reports for the Caixin BBD New Economy Index (NEI). They collaborate with Chinese big-data research firm BBD and the National School of Development at Peking University on these reports.

BBD: BBD (数联铭品) is a Chinese big-data research firm. It collaborates 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). The NEI utilizes big data to track the size of China's new economy and measures labor, capital, and technology inputs across ten emerging industries.

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