China Macro & Policy Tracker

Economy

China’s Domestic Demand Drives Over 80% of Economic Growth, 102 Major Projects Set for Year-End Completion, Says State Planner

China’s June Export Growth Accelerates to 5.8% YoY, Decline in Shipments to US Narrows

Real Estate

China’s Real Estate Market in H1 2025 – Policy-Driven Stabilization, Quality-Focused Growth, and Persistent Urban Divergence

China Launches New Round of Employment Stabilization Policies, Delivering Real Cash Directly to Businesses

Real Estate

Beijing Launches New Housing Policy Combo: Prioritized Land Supply and Enhanced Provident Fund Support to Boost Market Confidence

Economy

China Needs to Roll Out 1 – 1.5 Tn Yuan in Additional Fiscal Stimulus to Stablize Growth, Economists Say

Government Bond

China’s Local Government Bonds Watch — Debt Reduction Took Priority in H1, Greater Focus on Growth Stabilization Expected in H2

China’s PPI in Jun Shows Some Positive Signs Driven by Stronger Macroeconomic Policies

GDP

China’s Q2 Economic Growth Expected to Slow to 5.2%, Jun Indicators Show Weakening Signs, Economists Say

GDP

China’s Economy Grew 5.5% in First Four Years of 14th Five-Year Plan, Consumption’s Contribution Increased, Says State Planner NDRC

China-EU

China Hits Back at EU Procurement Restrictions — Who Gets Hurt More?

China’s Domestic Excavator Sales Return to Growth in June, Operating Rates Continue to Decline

China’s Consumer Price Returns to Growth in Jun, Factory-Gate Deflation Deepens

Fiscal

Decoding “More Proactive Fiscal Policy” – What Are Key Priorities for the Second Half of 2025?

Government Bond

China’s Local Government Bond Issuance Surges 57% in H1 2025 as Refinancing Ramps Up and Investment Push Deepens