China Macro & Policy Tracker

GDP

China’s Q1 GDP Growth Rebounds to 5% Amid Policy Support, Moderate Slowdown Expected in Q2

AI

China Unveils AI + Education Plan, Targeting Intelligent and Future-Ready Education System by 2030

RMB

China Eases Cross-Border Lending Rules to Expand Offshore RMB Financing, Raises Leverage Ratios for Foreign Banks

Energy

China Accelerates Hydrogen Energy Pilot Programs, Authorities Outline Next-Phase Priorities

Government Bond

Chinese Local Governments’ Real Estate-Related Special Bond Issuance Surges Over 40% in Q1 to Support Urban Renewal and Real Estate Deleveraging

Export

China’s Electromechanical Exports Hit Record in Q1 as Chips, Autos, Robotics and 3D Printing Grow Rapidly

Pharma

China Introduces Drug Pricing Reform to Shift from Government-Led Pricing to Market-Oriented Mechanism

Exports

China’s Exports Slow Sharply in March While Imports Surge, Narrowing Trade Surplus

China’s Credit Expansion Weakens as Household Borrowing Contracts, Corporate Bond Issuance Surges as Falling Rates Boost Direct Financing

Real Estate

Wuxi Introduces Housing Purchase Subsidies of Up to RMB 400,000 to Support Talent and Stabilize Housing Demand

Real Estate

Shenzhen Forms Financial Advisory Group to Address Real Estate Debt Through Multi-Institution Rescue Mechanism

GDP

China’s GDP Expected to Grow 4.8% in Q1, GDP Deflator May Turn Positive for First Time in 11 Quarters, Economists Say

Government Bond

Chinese Local Governments Issued 3.1 Tn Yuan Bonds in Q1 — Where Did the Money Go?

Real Estate

Chinese Provinces Disclose Falling Land Sales Revenue in 2025, Many Expect Stablization This Year

Inflation

China’s PPI Ends 41-Month Deflationary Streak – Will Upstream Price Recovery Transmit Through the Economy?