# National Bureau of Statistics
Latest news and articles about National Bureau of Statistics
Total: 16 articles found
China’s 70‑City Housing Data: Monthly Drops Narrow but Year‑on‑Year Slump Deepens
January 2026 housing data from China’s National Bureau of Statistics show month‑on‑month price declines across first, second and third‑tier cities have narrowed, but year‑on‑year drops remain substantial, particularly in resale markets. Shanghai bucks the national trend with annual gains in new‑home prices, highlighting persistent city‑level divergence.
Shanghai Drives a Split China Housing Market as Nationwide Prices Continue to Slip
January’s housing data show a market of two halves: Shanghai leads an isolated new‑home price recovery while most cities — particularly second‑ and third‑tier markets — continue to see year‑on‑year price declines. Resale prices are sliding more sharply, underlining ongoing stress for household wealth, developers and municipal revenues.
Holiday Timing and an Oil Slide Keep China’s January CPI Tepid at 0.2%
China’s January CPI slowed to 0.2% year-on-year as the calendar shift of the Spring Festival and falling global oil prices weighed on headline inflation. Core inflation excluding food and energy rose modestly, while analysts say January and February should be read together because of the festival timing, with annual inflation likely to remain low.
China’s Consumer Prices Tick Up as Factory Deflation Eases — But Underlying Dynamics Remain Mixed
January data show China’s headline CPI barely rose, held down by a strong base from last year’s Lunar New Year and falling food and energy prices. Core inflation and monthly PPI gains point to improving domestic demand and selective industrial recovery, but producer‑price weakness persists, leaving policymakers balancing support for growth with price stability.
China's Industrial Profits Inch Up as Tech and Equipment Manufacturing Offset a Mining Slump
China's large industrial firms posted a small 0.6% profit increase in 2025, driven by strong gains in equipment and high‑technology manufacturing that offset a steep fall in mining. Revenue growth remained tepid and indicators such as rising receivables and inventories point to a fragile recovery that could be vulnerable to external demand shocks.
Shanghai, Beijing and Zhejiang Pull Ahead as China’s Household Incomes Rise — But Consumption Lags
China’s national per‑capita disposable income rose 5% to 43,377 yuan in 2025, led by Shanghai, Beijing and Zhejiang, while household spending growth slowed to 4.4%. The gains are concentrated in coastal and major city provinces, and policymakers are prioritising income and job measures to revive consumption.
China’s 2025 Incomes: Strong Wage-Led Gains, but Coastal Cities Pull Ahead
China’s National Bureau of Statistics reported that national per-capita disposable income rose to 43,377 yuan in 2025, up 5.0% in real terms, but gains are unevenly distributed. Shanghai and Beijing lead by a wide margin, while selected central and western provinces show catch-up driven by industrialisation and urbanisation.
China’s Newborn Share Falls Below 7% — The Consequences of a Rapidly Shrinking Population
China’s 2025 population data show births falling to roughly 7.92 million and the country’s share of global newborns dipping to about 6.12%. Persistent sub‑replacement fertility and regional disparities mean the population is projected to shrink further, forcing policy shifts toward productivity, social support and possibly immigration.
China Says Low CPI Is Structural and Phased as Core Inflation Tickes Up — Policy Push Aims to Reflate Demand
China’s National Bureau of Statistics reported 2025 GDP growth of 5.0% and a flat headline CPI, while core inflation edged up to 0.7%. Officials said the low CPI reflects both international price movements and structural features of China’s economy, and they expect targeted fiscal and consumption measures to support a gradual rebound in domestic prices.
China Reports Modest 5% Rise in Household Incomes as Rural Gains Narrow Gap but Disparities Persist
China's per‑capita disposable income rose 5.0% in 2025 to 43,377 yuan, with rural incomes growing faster than urban ones though remaining far lower in level. Consumption expanded more slowly at 4.4%, while spending shifted toward education, transport and services, and median incomes remained noticeably below means, indicating income concentration.
China’s December Energy Snapshot: Coal Eases While Gas and Refining Tick Up
China’s December 2025 energy data showed a small decline in coal production, stable crude output, faster refinery throughput, steady growth in natural gas production, and marginally higher power generation. The composition of power output—declining thermal generation alongside rising but decelerating renewables—highlights both seasonal effects and ongoing grid integration challenges.
China’s Investment Engine Stalls: Fixed‑Asset Spending Drops in 2025 as Services and Private Capital Retreat
China’s fixed‑asset investment fell 3.8% in 2025 to RMB 485,186 billion, driven by a steep decline in services spending and weak private and foreign investment. Targeted gains in energy and logistics projects offset broader weakness, leaving policy‑makers to balance short‑term stimulus with medium‑term fiscal risks.