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, Jan 27, 2025
|
|||||||||
Jan 27, 01:30
|
4 days
|
CNY | Industrial Profits (YTD) YoY (Dec) |
Low
|
-4.7% |
-5%
|
|||
Tuesday, Jan 28, 2025
|
|||||||||
Jan 28, 00:00
|
5 days
|
CNY | Spring Festival Eve |
None
|
|||||
Wednesday, Jan 29, 2025
|
|||||||||
Jan 29, 00:00
|
6 days
|
CNY | Chinese New Year |
None
|
|||||
Jan 29, 00:00
|
6 days
|
CNY | Spring Festival Golden Week holiday |
None
|
|||||
Thursday, Jan 30, 2025
|
|||||||||
Jan 30, 00:00
|
7 days
|
CNY | Spring Festival Golden Week holiday |
None
|
|||||
Friday, Jan 31, 2025
|
|||||||||
Jan 31, 00:00
|
8 days
|
CNY | Spring Festival Golden Week holiday |
None
|
|||||
Jan 31, 01:30
|
8 days
|
CNY | NBS General PMI (Jan) |
Low
|
52.2 |
51.7
|
|||
Jan 31, 01:30
|
8 days
|
CNY | NBS Non Manufacturing PMI (Jan) |
High
|
52.2 |
51.8
|
|||
Jan 31, 01:30
|
8 days
|
CNY | NBS Manufacturing PMI (Jan) |
High
|
50.1 |
50.3
|
|||
Jan 31, 01:45
|
8 days
|
CNY | Caixin Manufacturing PMI (Jan) |
High
|
50.5 |
50.5
|
|||
Saturday, Feb 01, 2025
|
|||||||||
Feb 01, 00:00
|
9 days
|
CNY | Spring Festival Golden Week holiday |
None
|
|||||
Sunday, Feb 02, 2025
|
|||||||||
Feb 02, 00:00
|
10 days
|
CNY | Spring Festival Golden Week holiday |
None
|
|||||
Monday, Feb 03, 2025
|
|||||||||
Feb 03, 00:00
|
11 days
|
CNY | Spring Festival Golden Week holiday |
None
|
|||||
Friday, Feb 07, 2025
|
|||||||||
Feb 07, 08:00
|
16 days
|
CNY | Foreign Exchange Reserves (Jan) |
Low
|
|||||
Saturday, Feb 08, 2025
|
|||||||||
Feb 08, 01:30
|
16 days
|
CNY | Inflation Rate MoM (Jan) |
Medium
|
|||||
Feb 08, 01:30
|
16 days
|
CNY | PPI YoY (Jan) |
Medium
|
|||||
Feb 08, 01:30
|
16 days
|
CNY | Inflation Rate YoY (Jan) |
High
|
|||||
Monday, Feb 10, 2025
|
|||||||||
Feb 10, 07:00
|
19 days
|
CNY | New Yuan Loans (Jan) |
Medium
|
|||||
Feb 10, 07:00
|
19 days
|
CNY | Outstanding Loan Growth YoY (Jan) |
Low
|
|||||
Feb 10, 07:00
|
19 days
|
CNY | M2 Money Supply YoY (Jan) |
Low
|
|||||
Feb 10, 07:00
|
19 days
|
CNY | Total Social Financing (Jan) |
Low
|
|||||
Feb 10, 08:00
|
19 days
|
CNY | Vehicle Sales YoY (Jan) |
Low
|
|||||
Tuesday, Feb 18, 2025
|
|||||||||
Feb 18, 10:15
|
27 days
|
CNY | Current Account (Q4) |
Low
|
100
|
||||
Thursday, Feb 20, 2025
|
|||||||||
Feb 20, 01:15
|
28 days
|
CNY | Loan Prime Rate 1Y |
Medium
|
|||||
Feb 20, 01:15
|
28 days
|
CNY | Loan Prime Rate 5Y (Feb) |
Medium
|
|||||
Friday, Feb 21, 2025
|
|||||||||
Feb 21, 07:00
|
30 days
|
CNY | FDI (YTD) YoY (Jan) |
Medium
|
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