ECONOMY

China New Economy Gauge Rises on Stronger Capital Inputs

Published: May. 4, 2026 4:27 p.m. GMT+8

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The Caixin BBD New Economy Index (NEI) came in at 32.5, up 0.8 points from the previous month. Photo: VCG

The contribution of high value-added industries such as biomedicine to China’s total economic inputs rose in April, driven by stronger capital investment, a Caixin index showed.

The Caixin BBD New Economy Index (NEI) came in at 32.5, up 0.8 points from the previous month. That indicates new economy industries accounted for 32.5% of China’s overall economic inputs.

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Caixin BBD NEI rose to 32.5 in April, up 0.8 points MoM, indicating 32.5% of China's economic inputs from new economy industries.
Capital inputs subindex up 3.2 points to 44.8; labor down 0.4 to 21.3; technology down 0.4 to 33.3.
New IT largest at 12.6% share; average entry-level salary 13,448 yuan, up 80 yuan.

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