The contribution of high value-added industries such as new energy and biotechnology to China's total economic inputs picked up in July, due to growing labor and technology inputs, a Caixin index showed Wednesday. The Caixin BBD New Economy Index (NEI) came in at 29.5, up from 28.2 in June, indicating that monitored new economy industries accounted for 29.5% of China's overall economic input activities last month.

https://www.caixinglobal.com/2023-08-07/caixin-china-new-economy-index-rises-on-growing-labor-and-tech-investment-102090799.html

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