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<ul><li>The contribution of high value-added industries, such as biomedicine, to China’s total economic inputs increased in September after reaching a five-month low the previous month, driven by greater capital and technology inputs, a Caixin index showed Wednesday.</li><li>The Caixin BBD New Economy Index (NEI) ticked up 1.1 points from August to 30.9 last month, indicating that new economy industries accounted for 30.9% of China’s overall economic input activities.</li><li>The NEI uses big data to track the size of China’s nascent industries.</li></ul>

The contribution of high value-added industries, such as biomedicine, to China’s total economic inputs increased in September after reaching a five-month low the previous month, driven by greater capital and technology inputs, a Caixin index showed Wednesday.The Caixin BBD New Economy Index (NEI) ticked up 1.1 points from August to 30.9 last month, indicating that new economy industries accounted for 30.9% of China’s overall economic input activities.The NEI uses big data to track the size of China’s nascent industries.

China’s New Economy Industries Jump on Gains Across Key Inputs, Caixin Index Shows 