Chinese Yuan
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.
Primary central-bank or monetary authority reference.
Fast path into the FX pair dashboard and market profile.
Approximate primary liquidity window used across FXMacroData pages.
Display symbol used in product surfaces.
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.
- 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.
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.
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.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Core Inflation
CPI excluding volatile items like food and energy.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Unemployment Rate
Percentage of the labor force that is unemployed.
Trade Balance
The difference between the value of a country's exports and imports.
Retail Sales
Measures change in the total value of sales at the retail level.
Published China indicator pages
Filter by indicator name, source, cadence, or category.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
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.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Central Bank Total Assets
Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.
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.
Gold Reserves
Quantity of gold held by the central bank as part of its foreign exchange reserves, measured in value terms.
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
Inflation-Linked Bond Yield
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
Tracked China data catalogue
Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
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.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Central Bank Total Assets
Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.
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.
Gold Reserves
Quantity of gold held by the central bank as part of its foreign exchange reserves, measured in value terms.
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
Inflation-Linked Bond Yield
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
CNY market drivers
Evergreen macro forces to keep beside the country data table.
PBoC daily USD/CNY mid-point fix and policy-tool announcements.
China NBS PMI, Caixin PMI, retail sales, and industrial production.
China property-sector data and credit aggregates (TSF, M2).
US-China yield differential and DXY moves.
Trade-balance data and capital-flow indicators.
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.
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