The Caixin China New Economy Index dropped to 32.7 in January 2026.

WealthCoffee · 2026-03-07T05:53:53+00:00

In January 2026, the Caixin China New Economy Index dropped to 32.7, mainly due to a decline in technology investment, with the Technology Index recording 29.9. The overall economic investment ratio has decreased slightly, but labor input has slightly increased. The index has shown a fluctuating upward trend since 2021.

WealthCoffee

2026-03-07 05:53:53

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Caixin.com Mainly affected by the decline in technology investment, the Caixin China New Economy Index (NEI) dropped to 32.7 in January 2026.

Data released by Caixin Think Tank on February 2 shows that the NEI recorded 32.7 in January 2026, meaning the proportion of new economy investment in the total economic investment was 32.7%, down 0.7 percentage points from the previous month. The report states that since 2021, the New Economy Index has shown a fluctuating upward trend.

The NEI includes three primary indicators: labor, capital, and technology, with weights of 40%, 35%, and 25%, respectively. In January 2026, the technology investment index was 29.9, down 2.9 from the previous month; the capital investment index was 47.7, a month-on-month decrease of 0.2; and the labor investment index rose 0.2 to 21.4. After multiplying by their respective weights, the relative changes in technology, capital, and labor investments are approximately -0.7, -0.1, and 0.1 percentage points.

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