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April Caixin China New Economy Index rises to 32.5
【Caixin.com】 Driven by rising capital inflows, the Caixin China New Economy Index (NEI) for April 2026 rose to 32.5.
According to data released by Caixin Think Tank on May 2, the NEI recorded 32.5 in April 2026, meaning that the new economy investment accounted for 32.5% of total economic investment, up 0.8 percentage points from the previous month. The report said that since 2021, the New Economy Index has shown a fluctuating upward trend.
The NEI comprises three first-level indicators: labor, capital, and technology, with weights of 40%, 35%, and 25%, respectively. In April 2026, the NEI’s increase was mainly driven by a rise in capital investment: the capital investment index rose 3.2 from the previous month to 44.8; the labor input index was 21.3, down 0.4 month-on-month; and the technology investment index also fell 0.4 to 33.3. After multiplying by their respective weights, the relative changes for labor, technology, and capital investment are approximately -0.2, -0.1, and 1.1 percentage points, respectively.