The contribution of high value-added industries such as new energy and biotechnology to China's total economic inputs shrank in March, due to a decline in capital inputs, a Caixin index showed Sunday. The Caixin BBD New Economy Index (NEI) came in at 28.3 last month, indicating that monitored new economy industries accounted for 28.3% of China's overall economic input activities. The gauge dipped 1.2 points from 29.5 in February, to match January's reading.

https://www.caixinglobal.com/2023-04-03/caixin-china-new-economy-index-shrinks-on-decline-in-capital-investment-102015402.html

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