China’s New Economy Industries Rise on Labor, Tech Gains

Published: Oct. 2, 2025 11:53 a.m. GMT+8

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New economy industries accounted for 31.2% of China’s overall economic inputs in September. Photo: VCG

The contribution of high value-added industries such as biomedicine to China’s total economic inputs rose last month, as expansions in labor and technology inputs offset a contraction in capital inputs, a Caixin index showed.

The Caixin BBD New Economy Index (NEI) came in at 31.2 in September, up 1.3 points from August, reflecting that new economy industries accounted for 31.2% of China’s overall economic inputs.

Disclaimer

This is an AI-generated English rendering of original reporting or commentary published by Caixin Media. In the event of any discrepancies, the Chinese version shall prevail.

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China’s New Economy Industries Rise on Labor, Tech Gains

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