Caixin China New Economy Index rises to 34.1 in June; increased capital investment drives a clear improvement

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[Caixin] In June 2026, driven by increases in all three input indices—especially the rise in capital investment—the Caixin China New Economy Index (NEI) rose to 34.1.

Data released by Caixin Think Tank on July 2 showed that in June 2026, the NEI recorded 34.1, meaning that the share of new economy investment in total economic investment was 34.1%, up 1.7 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 June 2026, the increase in the NEI was mainly due to higher capital investment: the capital investment index recorded 49.5, up 2.5 from the previous month; the technology investment index recorded 33.4, rising 2.2 month-over-month; and the labor investment index rose 1 to 21.2 month-over-month. After multiplying by their weights, the relative changes in capital, technology, and labor investment were approximately 0.9, 0.6, and 0.4 percentage points, respectively.

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