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Caixin Global
Caixin Global
Business
Ding Yi

Caixin China New Economy Index Rises Again on Growing Investment

Caixin Economy China NEI
Solar panels cover the rooftops of factories in Ganzhou, East China’s Jiangxi province. Photo: VCG

The contribution of high value-added industries such as new energy and biotechnology to China’s total economic inputs increased in September due mainly to a rise in capital inputs, a Caixin index showed Monday.

The Caixin BBD New Economy Index (NEI) came in at 31.9 last month, indicating that new economy industries accounted for 31.9% of China’s overall economic input activities. The reading is up from 30.4 in August, and marks a third straight month of growth.

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