China Economic Calendar

Economy of China

The Chinese economy is the world's second largest, its system operates as a socialist market economy that includes state-owned companies (SOEs) and mixed-ownership firms, as well as a substantial domestic private sector and openness to international corporations.

China is the largest trading nation in the world and plays a prominent role in international trade, it is the world's largest exports of goods, it is also the world's manufacturing leader, producing about half of the world's steel, and agriculture is the second greatest contribution to China's GDP.

COVID-19 has disrupted the normalization of China's economic growth, the lockdowns have impacted negatively on the economy, and weakened the secondary sectors and services.

Bank of China

The People's Bank of China (PBoC) is China's central bank, the PBoC serves several roles, including monetary policy and fiscal control.

China's official currency is the Chinese Yuan Renminbi (CNY) which means "people's money" and is one of the world's most traded currencies. Renminbi is the name of the currency, while yuan is referred to the currency unit.

Interest Rate of China

The People's Bank of China (PBoC) declared in 2019 the Loan Prime Rate (LPR) as the new lending standard for new bank loans to families and enterprises, thereby replacing the central bank's one-year lending rate as the new lending benchmark (PBOC). The rate is determined by a weighted average of loan rates provided by 18 commercial banks to the national interbank finance.

China Economic Calendar

May 24, 09:45
CNY FDI (YTD) YoY (Apr)
Medium
-26.1%
-25%
-27.9%
May 27, 01:30
2 days
CNY Industrial Profits (YTD) YoY (Apr)
Low
4.3%
3.5%
May 31, 01:30
6 days
CNY NBS Manufacturing PMI (May)
High
50.4
50.5
May 31, 01:30
6 days
CNY NBS Non Manufacturing PMI (May)
High
51.2
51.5
May 31, 01:30
6 days
CNY NBS General PMI (May)
Low
51.7
51.5
Jun 03, 01:45
9 days
CNY Caixin Manufacturing PMI (May)
High
51.4
Jun 05, 01:45
11 days
CNY Caixin Services PMI (May)
High
52.5
Jun 05, 01:45
11 days
CNY Caixin Composite PMI (May)
Low
52.8
Jun 09, 07:00
15 days
CNY Vehicle Sales YoY (May)
Low
Jun 10, 00:00
16 days
CNY Dragon Boat Festival
None
Jun 12, 01:30
18 days
CNY Inflation Rate MoM (May)
Medium
Jun 12, 01:30
18 days
CNY PPI YoY (May)
Medium
Jun 12, 01:30
18 days
CNY Inflation Rate YoY (May)
High
Jun 13, 08:00
19 days
CNY Total Social Financing (May)
Low
Jun 13, 08:00
19 days
CNY New Yuan Loans (May)
Medium
Jun 13, 08:00
19 days
CNY M2 Money Supply YoY (May)
Low
Jun 13, 08:00
19 days
CNY Outstanding Loan Growth YoY (May)
Low
Jun 15, 10:00
21 days
CNY FDI (YTD) YoY (May)
Medium
Jun 17, 01:30
23 days
CNY House Price Index YoY (May)
Medium
Jun 17, 01:30
23 days
CNY PBoC 1-Year MLF Announcement
Low
Jun 17, 02:00
23 days
CNY Unemployment Rate (May)
High
Jun 17, 02:00
23 days
CNY Retail Sales YoY (May)
High
Jun 17, 02:00
23 days
CNY Industrial Production YoY (May)
High
Jun 17, 02:00
23 days
CNY Fixed Asset Investment (YTD) YoY (May)
Medium
Jun 17, 02:00
23 days
CNY NBS Press Conference
Low
Jun 20, 01:15
26 days
CNY Loan Prime Rate 1Y
Medium
Jun 20, 01:15
26 days
CNY Loan Prime Rate 5Y (Jun)
Medium

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