# National Bureau of Statistics
Latest news and articles about National Bureau of Statistics
Total: 32 articles found
Signs of Life in China’s Housing Market: Beijing and Shanghai Lead Early Stabilisation
February data from China’s National Bureau of Statistics show month-on-month declines in housing prices narrowing across major cities, with Beijing and Shanghai recording small monthly gains. The shifts reflect seasonal demand, reduced supply in some new launches, developer pricing changes and targeted local easing, though year-on-year figures remain weak and the recovery is uneven.
Beijing and Shanghai Lead a Fragile Recovery in China’s Property Market
Beijing and Shanghai have posted the first month-on-month rises in residential prices after a nine-month decline, signalling a tentative recovery concentrated in core cities. Broadly, however, sales, starts and developer financing remain weak, and the market is set to stay uneven with stronger performance in prime urban areas and continued stress in lower-tier cities.
China’s Property Sector Slumps Again as Sales and Funding Dry Up, Investment Pain Eases Only Slightly
China’s property investment fell 11.1% in January–February 2026 to 9.612 trillion yuan, with residential investment down 10.7%. Sales volumes and values posted sharper declines and developer funding—especially mortgages and pre‑sales—sank steeply, highlighting persistent demand weakness despite a modest narrowing in investment contraction.
China’s Investment Keeps Limping Forward as Private and Foreign Outlays Stall
China’s January–February fixed-asset investment rose a modest 1.8% year-on-year to RMB 5.27 trillion, driven chiefly by state-led infrastructure, mining and utilities. Private and foreign investment contracted, and regional disparities persist, leaving growth dependent on continued public spending and policy efforts to revive business confidence.
China’s Economy Posts A “Good Start” to 2026 as High‑Tech Manufacturing and Exports Lead Recovery
January–February official data show China’s economy making a solid start to 2026, driven by strong gains in high‑technology manufacturing, robust export growth and a rebound in services and online consumption. The property sector remains a major drag, but infrastructure spending and private‑sector trade resilience are helping to stabilise overall activity.
China’s Early‑Year Retail Recovery Is Uneven: Online and Dining Lead, Brand Stores and Autos Lag
China’s January–February retail sales rose 2.8% year‑on‑year to ¥86,079 billion, with online retail and catering leading gains while brand specialty stores and autos lag. The data show an uneven consumption recovery concentrated in necessities, supermarkets and digital channels, posing both opportunities and limits for China’s domestic‑demand strategy.
China’s Factories Keep Chugging: Industrial Output Rises 6.3% as Electronics and Equipment Outpace Autos
China’s industrial output rose 6.3% year‑on‑year in January–February 2026, led by manufacturing and a strong performance in electronics and heavy equipment. The private sector expanded fastest, while automobile and new‑energy vehicle production fell sharply, highlighting uneven demand across industries.
China’s Crude Output Turns Up as Power Generation Accelerates, NBS Data Shows
China’s above‑scale industrial crude oil output returned to growth in January–February 2026, rising 1.9% year‑on‑year to 35.73 million tonnes, while refinery throughput and electricity generation accelerated. Coal production’s decline narrowed and natural gas output grew modestly, signalling energy supply stabilisation even as renewables’ growth rates cooled.
Beijing Leads China’s Housing Stabilisation as February City Prices Improve
February data show China’s housing market beginning to stabilise: month‑on‑month price declines narrowed across 70 cities and Beijing posted month‑on‑month gains in both new and second‑hand prices. The uptick reflects targeted policy easing, reduced developer discounting, and a post‑holiday surge in buyer visits, but the improvement remains fragile and geographically uneven.
China’s Inflation Tick-Up: Lunar New Year Travel and Services Push CPI to Three-Year High
China’s CPI rose 1.3% year-on-year in February — the highest pace in three years — driven largely by a Lunar New Year-fuelled jump in services and a rebound in food prices. Core inflation was 1.3% for January–February, indicating strengthening underlying demand even as officials stress ample supply and manageable risks.
China’s February Housing Prices Show Monthly Stabilisation but Annual Declines Persist
February data from China’s National Bureau of Statistics shows month‑on‑month declines in housing prices across 70 major cities narrowed, signalling a tentative short‑term stabilisation. However, year‑on‑year prices remain lower across most tiers — particularly in the second‑hand market — underscoring persistent demand weakness and structural challenges in the property sector.
China’s Consumer Prices Spike After Lunar New Year as Producer Inflation Continues to Recover
February’s data show China’s consumer prices rose sharply month‑on‑month after the Lunar New Year while producer‑price declines continued to narrow. The bounce is concentrated in services and selective industrial sectors, reflecting a seasonal consumption burst and policy‑driven improvements in supply and demand conditions.