China Macro & Policy Tracker

AI

China’s Core AI Industry Expected to Surpass 1.2 Trillion Yuan in 2025, Says Industry Ministry

Export

China’s Mechanical and Electrical Exports Tops $2.3 Tn in 2025, with Strong Growth in Integrated Circuits, Autos and Ships

Fiscal Policy

China to Expand Fiscal Spending in 2026, Deepen Local Bonds “Self-Review and Self-Issuance” Pilot, Says Finance Ministry

China Launches 500 Bn Yuan Special Guarantee Plan to Boost Private Investment

Consumption

China Extends Personal Consumption Loan Subsidy Policy, Includes Credit Card Installments

Consumption

China to Study and Formulate 2026–2030 Strategy to Expand Domestic Demand, Says NDRC

Industrial Production

China’s Industrial Capacity Utilization Remains Low in 2025 as “Anti-Involution” Efforts Await Deepening

Infrastructure

China’s Infrastructure Investment Records Rare Annual Decline in 2025 Amid Fiscal and Funding Pressures

Consumption

China’s Dec Retail Sales Grow at Slowest Pace Since 2023, Service Consumption Accelerates

GDP

China Achieves Annual Target with 5% GDP Growth, Q4 Growth Slows to 4.5%

Investment

China’s Dec Fixed-Asset Investment Decline Fastest on Record, Private Investment Drops for Third Consecutive Year

Electricity

China’s Electricity Consumption Tops 10 Tn kWh for First Time in 2025, But Growth Slows

China Vows to Accelerate Clearance of Arrears Owed to Enterprises, Quickly Allocate Special Bonds for Arrears Clearance

Consumption

China Studies New Measures to Boost Consumption, Accelerate New Growth in Service Sector

Yuan

China Sees No Need to Gain Trade Advantage Through Depreciation, Yuan’s Stability Supported, Says PBOC