China Macro Tracker

China’s Jul Power Consumption Surpasses 1 Tn kWh for First Time Amid Heatwave and Industrial Demand

China to Launch RMB 500 Bn “Quasi-Fiscal” Tool, Focusing on Emerging Industries and Infrastructure

China Issues Guidance to Stabilize Existing PPP Projects and Ensure Government Payments

Economy

Chinese Cities Launch “City War” with Zero-Rent Industrial Parks as Vacancy Rates Soar

PBOC

China Holds LPR Steady for Third Straight Month, Monetary Policy Targets Fund Efficiency, Structural Optimization, and Lower Non-Interest Costs

China’s Fiscal Revenue Growth in Jan–Jul Turns Positive for First Time This Year – What’s Driving the Improvement?

Land

Multiple Chinese Cities Adjust Land-Use Planning to Enhance High-Quality Residential Supply

Auto

Some Chinese Regions Suspend National Auto Trade-In Subsidy – What’s Going On?

Real Estate

China’s State Council Meeting Reiterates Real Estate – What Signals Does It Send?

China Sees Surge in Lithium Battery Exports in Jul, Home Appliance Shipments to US Drop Further

China’s Loans to Tech SMEs Grow Over 20%, Average Loan Rate Declines in Jun, Says PBOC

Real Estate

China’s Tier-1 Cities See Second-Hand Home Prices Decline at Fastest Pace Since Oct 2024 in Jul

PBOC

PBOC for First Time Proposes Guiding Banks to Consolidate Credit Support, Stresses Proper Grasp of Policy Strength and Pace

Economy

China’s Economy Shows Three Key Trends in July, New Incremental Policies Expected in H2

China’s July Financial Data Signals Stronger Household Investment Flow to Capital Market