China Macro & Policy Tracker

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

Tax

Why Is China’s Tax Revenue Growth Lagging Behind Its GDP Growth?

Consumption

Income, Generational, and Regional Divides Are Driving China’s Consumer Fragmentation – Research

Investment

China Releases Complete List of 800 Bn Yuan “Two Major” Projects, Investment Accelerates Across Multiple Sectors

Four Key Sectors Emerge in China’s Silver Economy, Market Size Projected to Reach RMB 19.1 Tn by 2035

China’s Debt Clean-Up in Motion – Where Are Local Governments in the RMB 10 Tn Repayment Push

PBOC

Chinese Bond Yields Stabilize and Government Bond Issuance Accelerates, PBOC May Resume Bond Trading in Q3

Travel

China’s Summer Civil Aviation and Railway Travel Volumes Expected to Rise Over 5% YoY, but Growth Slows

Real Estate

China’s Top 100 Developers Spent Over 500 Bn Yuan on Land in H1, Target Core Cities Amid Diverging Market Trends

Electricity

China’s Electricity Consumption and Industrial Production Diverge, Likely Due to Economic Structural Transformation and Upgrading