China’s economic indicators

I don’t think there are many people trading in Chinese yuan. Although it is a minor currency, it is controlled by the People’s Bank of China, and it sets a standard value in the morning and limits the daily price movement so that it is within 2% above and below that rate. Therefore, the price movement is easy to stabilize. It is characterized by showing a relatively strong transition. I have summarized the economic indicators of China in a list. Please be careful only for those that are of high importance.

Manufacturing Purchasing Managers Index (Importance: Medium)

The Manufacturing Purchasing Managers’ Index (PMI) is one of the business indexes released by the major British financial institution HSBC (Hongkong and Shanghai Banking Corporation).

Caixin Manufacturing Purchasing Managers Index (Importance: Medium)

The Caixin Manufacturing Purchasing Managers’ Index (PMI) measures the business sentiment of purchasing managers in the manufacturing sector. In general, 50 is the turning point between improvement and deterioration of the economy, and above 50 indicates expansion, and below 50 indicates slowdown.

Mining and industrial production (importance: low)

Mining and industrial production released by the National Bureau of Statistics of China is an economic indicator that measures production trends in China’s mining and manufacturing industries. You can see the economic situation of the country.

Retail sales (importance: medium)

The retail sales released by the National Bureau of Statistics of China are the monthly sales figures of the service industry. This number gives you an idea of the economic status of the service industry.

Consumer Price Index (Importance: Medium)

The Consumer Price Index released by the National Bureau of Statistics of China is a statistical index for grasping the movement of prices of goods and services that consumers purchase.

Producer Price Index (Importance: Medium)

The Producer Price Index (PPI) released by the National Bureau of Statistics of China is an index of wholesale prices of producers.

Gross Domestic Product (GDP) (Importance: High)

Gross Domestic Product, announced by the National Bureau of Statistics of China, is the total amount of goods and services produced domestically, and is a monosashi that represents the scale of the economy.

Trade balance (importance: low)

The trade balance announced by the General Administration of Customs of China (customs authorities) shows the balance of imports and exports of China.

China policy rate (importance: high)

Rate policy announced by the People’s Bank of China (Central Bank). It will move the market price greatly. Be careful。