CNY live macro board

China Macro Data Board

Chinese yuan / renminbi — the managed currency of the world's second-largest economy.

The Chinese yuan (CNY), also called the renminbi (RMB), is the official currency of mainland China. It trades onshore as CNY (within a daily band set by the People's Bank of China) and offshore as CNH in Hong Kong and other financial centres.

CNY currency market profile

Core identifiers, trading context, and product links for the CNY market.

Currency code
CNY

Chinese Yuan

Policy institution
People's Bank of China

Primary central-bank or monetary authority reference.

Primary USD pair
USD/CNY

Fast path into the FX pair dashboard and market profile.

Trading session
Tokyo

Approximate primary liquidity window used across FXMacroData pages.

Symbol
¥

Display symbol used in product surfaces.

Also known as
yuan, renminbi, rmb

Common market shorthand where available.

China macro brief

The highest-signal pages for China include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.

The People's Bank of China (PBoC) sets the daily USD/CNY mid-point fix and uses a range of policy tools — the medium-term lending facility (MLF) rate, reserve requirement ratio (RRR), open-market operations, and the loan prime rate (LPR) — to manage liquidity and credit conditions.

For CNY research, combine the country-level release map with the USD/CNY dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.

What to watch
  • PBoC daily fix and LPR / MLF announcements.
  • Monthly NBS and Caixin PMIs.
  • Quarterly GDP and monthly activity data.
  • Total social financing and new yuan loans.
  • USD/CNH offshore as a real-time risk gauge.

China source map

Publisher groups represented in the checked-in coverage catalogue for this market.

PBoC 11 series
NBS 6 series
Ministry of Finance 4 series
National Bureau of Statistics of China 2 series
ABS 2 series
SAFE 1 series
IMF International Financial Statistics 1 series
RBA 1 series

China coverage by category

The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.

Economy 9 / 10
Labor Market 5 / 5
Money & Credit 3 / 3
Monetary Policy 5 / 5
Government Bond Yields 5 / 5
Additional Indicators 3 / 3

Key China indicators

Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page Monthly % Starts pending Monetary Policy

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly %YoY Starts pending Economy

Core Inflation

CPI excluding volatile items like food and energy.

Published page Monthly %YoY Starts pending Economy

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly %YoY Starts pending Economy

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly % Starts pending Economy

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Monthly % Starts pending Labor Market

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly USD bn Starts pending Economy

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly %YoY Starts pending Economy

Published China indicator pages

Filter by indicator name, source, cadence, or category.

Economy 9 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) Starts pending

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) Starts pending

Core Inflation

CPI excluding volatile items like food and energy.

Monthly %YoY Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly % Starts pending

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Starts pending

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Starts pending

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %YoY Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Monthly USD bn Starts pending

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) Starts pending
Labor Market 5 pages

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Annual % Starts pending

Unemployment Rate

Percentage of the labor force that is unemployed.

Monthly % Starts pending
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly CNY tn Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly CNY tn Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly ARS mn Starts pending
Monetary Policy 5 pages

Central Bank Total Assets

Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.

Monthly CNY tn Starts pending

Foreign Exchange Reserves

Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.

Monthly USD bn Starts pending

Gold Reserves

Quantity of gold held by the central bank as part of its foreign exchange reserves, measured in value terms.

Monthly USD bn Starts pending

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Monthly % Starts pending
Government Bond Yields 5 pages
Additional Indicators 3 pages

Tracked China data catalogue

Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.

Economy 10 tracked

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Published page Monthly National Bureau of Statistics of China Starts pending

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Published page Monthly National Bureau of Statistics of China Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Tracked in catalogue Quarterly SAFE Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly IMF International Financial Statistics Starts pending

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly NBS Starts pending

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly NBS Starts pending

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly NBS Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly NBS Starts pending

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Published page Monthly PBoC Starts pending
Labor Market 5 tracked

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Published page Annual Starts pending
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Published page Monthly PBoC Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Published page Monthly PBoC Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Published page Monthly Starts pending
Monetary Policy 5 tracked

Central Bank Total Assets

Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.

Published page Monthly PBoC Starts pending

Foreign Exchange Reserves

Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.

Published page Monthly PBoC Starts pending

Gold Reserves

Quantity of gold held by the central bank as part of its foreign exchange reserves, measured in value terms.

Published page Monthly PBoC Starts pending

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page Monthly PBoC Starts pending
Government Bond Yields 5 tracked
Additional Indicators 3 tracked

CNY market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

PBoC daily USD/CNY mid-point fix and policy-tool announcements.

Driver 2

China NBS PMI, Caixin PMI, retail sales, and industrial production.

Driver 3

China property-sector data and credit aggregates (TSF, M2).

Driver 4

US-China yield differential and DXY moves.

Driver 5

Trade-balance data and capital-flow indicators.

Driver 6

Geopolitical and trade-policy news, particularly with the US.

CNY questions traders ask

Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.

What is the difference between CNY and CNH?

CNY is the onshore yuan, traded within mainland China and constrained by a ±2% daily band around the PBoC's mid-point fix. CNH is the offshore yuan, traded mainly in Hong Kong with no daily band, and is the most accessible form of the renminbi for international investors.

Is the yuan a freely floating currency?

No. The PBoC sets a daily USD/CNY mid-point fix and limits onshore trading to a band around it. Capital-account restrictions also limit free convertibility. The currency operates under a managed-float regime.

What is the difference between yuan and renminbi?

'Renminbi' is the official name of the currency (literally 'people's currency'). 'Yuan' is the principal unit of denomination. The two terms are often used interchangeably.