Caixin New Economy Index Dips on Drop in Tech Inputs

Caixin Global | Dec 2, 2019 at 5:11 PM
  • The contribution of high value-added industries to China’s overall economic inputs declined in November as technology inputs shrank, a Caixin index showed Monday.
  • The NEI measures labor, capital and technology inputs in 10 emerging industries relative to those in all industries.
  • Of the three subindexes that make up the NEI, the one for technology inputs, which has a 25% weighting in the index, declined 0.2 points to 27.9 in November.