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Goldman Sachs

June 18, 2026

China Economic Activity and Policy Tracker

Weekly UpdateEquitiesRates Govt BondsCommoditiesEnergyReal Estate

This weekly report provides an update on high-frequency indicators for China, covering consumption, mobility, production, investment, and recent policy announcements.

Key Takeaways

  • 1.Domestic property transaction volumes in primary and secondary markets remain above year-ago levels, while secondary home prices continue to decline.
  • 2.Energy pricing adjustments occurred on June 18 with domestic gasoline and diesel prices lowered due to declines in Brent prices.
  • 3.Macro policy continues to focus on equipment upgrades, consumer goods trade-ins, and infrastructure project funding.

Table of Contents

  • Consumption and mobility
  • Production and investment
  • Other macro activity
  • Markets and policy

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Authors

Chelsea SongAndrew TiltonHui ShanLisheng Wang

Securities

USDCNY

Themes

Economic Activity MonitoringPolicy StimulationEnergy Price Transmission

Regions

Asia PacificChinaUnited States