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.
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
---|---|---|---|---|---|---|---|---|---|
Monday, Jun 12, 2023
|
|||||||||
Jun 12, 08:00
|
2 days
|
CNY | Total Social Financing (May) |
Low
|
CNY1220B |
CNY2000B
|
|||
Jun 12, 08:00
|
2 days
|
CNY | New Yuan Loans (May) |
Low
|
CNY718.8B |
CNY1600B
|
|||
Jun 12, 08:00
|
2 days
|
CNY | M2 Money Supply YoY (May) |
Low
|
12.4% |
12.1%
|
|||
Jun 12, 08:00
|
2 days
|
CNY | Outstanding Loan Growth YoY (May) |
Low
|
11.8% |
11.6%
|
|||
Wednesday, Jun 14, 2023
|
|||||||||
Jun 14, 07:00
|
4 days
|
CNY | FDI (YTD) YoY (May) |
Medium
|
2.2% |
2%
|
|||
Thursday, Jun 15, 2023
|
|||||||||
Jun 15, 01:30
|
4 days
|
CNY | PBoC 1-Year MLF Announcement |
Low
|
2.75% |
2.75%
|
|||
Jun 15, 01:30
|
4 days
|
CNY | House Price Index YoY (May) |
Medium
|
-0.2% |
0.5%
|
|||
Jun 15, 02:00
|
4 days
|
CNY | Unemployment Rate (May) |
High
|
5.2% |
5.2%
|
|||
Jun 15, 02:00
|
4 days
|
CNY | Retail Sales YoY (May) |
High
|
18.4% |
13.9%
|
|||
Jun 15, 02:00
|
4 days
|
CNY | Industrial Production YoY (May) |
High
|
5.6% |
4.1%
|
|||
Jun 15, 02:00
|
4 days
|
CNY | Fixed Asset Investment (YTD) YoY (May) |
Medium
|
4.7% |
4.4%
|
|||
Tuesday, Jun 20, 2023
|
|||||||||
Jun 20, 01:15
|
9 days
|
CNY | Loan Prime Rate 1Y |
Medium
|
3.65% |
3.65%
|
|||
Jun 20, 01:15
|
9 days
|
CNY | Loan Prime Rate 5Y (Jun) |
Medium
|
4.3% |
4.3%
|
|||
Thursday, Jun 22, 2023
|
|||||||||
Jun 22, 00:00
|
11 days
|
CNY | Duanwu Festival |
None
|
|||||
Friday, Jun 23, 2023
|
|||||||||
Jun 23, 00:00
|
12 days
|
CNY | Duanwu Festival |
None
|
|||||
Saturday, Jun 24, 2023
|
|||||||||
Jun 24, 00:00
|
13 days
|
CNY | Duanwu Festival |
None
|
|||||
Wednesday, Jun 28, 2023
|
|||||||||
Jun 28, 01:30
|
17 days
|
CNY | Industrial Profits (YTD) YoY (May) |
Low
|
|||||
Friday, Jun 30, 2023
|
|||||||||
Jun 30, 01:30
|
19 days
|
CNY | NBS Manufacturing PMI (Jun) |
High
|
53
|
||||
Jun 30, 01:30
|
19 days
|
CNY | NBS General PMI (Jun) |
Low
|
52
|
||||
Jun 30, 01:30
|
19 days
|
CNY | NBS Non Manufacturing PMI (Jun) |
High
|
53
|
||||
Jun 30, 09:00
|
20 days
|
CNY | Current Account (Q1) |
Low
|
$103.1B |
$82B
|
|||
Monday, Jul 03, 2023
|
|||||||||
Jul 03, 01:45
|
22 days
|
CNY | Caixin Manufacturing PMI (Jun) |
High
|
54
|
||||
Wednesday, Jul 05, 2023
|
|||||||||
Jul 05, 01:45
|
24 days
|
CNY | Caixin Composite PMI (Jun) |
Low
|
53.4
|
||||
Jul 05, 01:45
|
24 days
|
CNY | Caixin Services PMI (Jun) |
High
|
53.3
|
||||
Friday, Jul 07, 2023
|
|||||||||
Jul 07, 08:00
|
27 days
|
CNY | Foreign Exchange Reserves (Jun) |
Low
|
3.1
|
||||
Sunday, Jul 09, 2023
|
|||||||||
Jul 09, 07:00
|
29 days
|
CNY | Vehicle Sales YoY (Jun) |
Low
|
|||||
Monday, Jul 10, 2023
|
|||||||||
Jul 10, 01:30
|
29 days
|
CNY | Inflation Rate MoM (Jun) |
Medium
|
0.5
|
||||
Jul 10, 01:30
|
29 days
|
CNY | PPI YoY (Jun) |
Medium
|
-1.4
|
||||
Jul 10, 01:30
|
29 days
|
CNY | Inflation Rate YoY (Jun) |
High
|
1.2
|