GDP Growth

Annual Real GDP Growth 1960-2012
Data for the last 50 years shows near continuous strong growth in the Chinese economy.

Quarterly Real GDP Growth 2006 – 2013




Leading & Composite Indicators
World Economics 'Li Keqiang' Index
Chinese Premier Li Keqiang was quoted as saying that he preferred to use a range of direct indicators of economic activity (as opposed to GDP) when assessing economic growth (See The Economist, Dec 9th, 2010). His top three were electricity consumption, rail cargo volume and bank lending.



The Conference Board Leading Economic Index
The Conference Board LEI for China includes total loans issued by financial institutions, 5000 Industry Enterprises Diffusion Index (raw materials supply index), official manufacturing PMI Supplier deliveries sub-indices, Consumer Expectations Index, Total floor space started, and official manufacturing PMI Export orders sub-indices.



OECD Composite Leading Indicator
The (CLI) is designed “to provide early signals of turning points between expansions and slowdowns of economic activity” The CLI for China uses the following components: Production of chemical fertilizer (tonnes), monetary aggregate m2 (Renminbi). Production of manufactured crude steel (tonnes), 5000 Industrial Enterprises Diffusion Index, Overseas order level (%), buildings (m2), Production of motor vehicles (number), and the Shanghai Stock Exchange Turnover (Renminbi).



CEMAC-GS Leading Index
The (China) Leading Index is a joint development between The China Economic Monitoring Centre (CEMAC/NBS) and Goldman Sachs Asia (GS) for the monitoring of national economic performance. The components of the Index include: Industrial production, investment in fixed assets, retail sales, imports and exports, revenues, profits of industry, residential disposable income, financial loans, M2 money supply, CPI and the business cycle signal index.





Consumer Indexes
Consumer Confidence

IPSOS Consumer Assesment
The IPSOS Global @dvisor: uses a monthly sample of over 18,000 adults worldwide.



China Official Monthly Consumer Confidence Index



Consumer Demand
Total Retail Sales
Chinese consumers continue to spend more on retail goods.



Car Sales
The Chinese Association of Automobile Manufacturers compiles statistics on the domestic sales of passenger cars.





Industrial Indexes
Business Surveys

NBS Purchasing Managers Indices (PMI)


Combined PMI
This combined PMI is created from the NBS PMI’s, weighted by manufacturing and non-manufacturing in the Chinese economy.



Industrial Production



Exports
Chinese Total Exports


US Exports to China



Power
Electricity Consumption



Materials
Steel Production
Steel & Cement are two of the largest components in new construction. With construction accounting for such a large proportion of Chinese industry, these indexes are a useful indicator of new growth both in the construction industry.



Cement Production

Sources

Long term GDP, Penn Data Tables

http://pwt.econ.upenn.edu/php_site/pwt70/pwt70_form.php

Short term GDP, National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/Quarterlydata/

OECD CLI, OECD

http://www.oecd.org/document/51/0,3746,en_2649_34349_49381363_1_1_1_1,00.html

Conference Board LEI, Conference Board

http://www.conference-board.org/data/bcicountry.cfm?cid=11

Li Keqiang (Electricity), National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/index.htm

Li Keqiang (Rail Volumes), National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/index.htm

Li Keqiang (Bank Lending), People’s Bank of China

http://www.pbc.gov.cn/publish/english/955/index_2.html

PMI – CFLP, Li & Fung

http://www.lifunggroup.com/eng/knowledge/research.php?report=pmi_monthly

Consumer Confidence, National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/index.htm

IPSOS Consumer Assessment, IPSOS

http://www.ipsos-na.com/download/pr.aspx?id=11216

Total Retail Sales, National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/index.htm

US Exports to China, St Louis Fed

http://research.stlouisfed.org/fred2/series/EXPCH?cid=16

Cars Sold, National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/index.htm

Industrial Production, National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/index.htm

Crude Steel & Cement, National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/index.htm

Transport Growth, National Bureau of Statistics

http://www.stats.gov.cn/english/statisticaldata/index.htm

Loans, People’s Bank of China

http://www.pbc.gov.cn/publish/english/955/index_2.html

Car Sales, CAAM

http://www.caam.org.cn/english/

Nielsen Consumer Confidence, Nielsen

http://www.nielsen.com/content/corporate/global/en.html

World Bank

http://data.worldbank.org/