🇨🇳China

China Economic Temperature

Data cutoff: Sep 7, 2026, 10:30 GMT+8

Weak employment and income expectations continue to make households cautious about consumption and major purchases.

AI consensus

Median of 5 independent model assessments

ChatGPT

Employment pressure, housing weakness, and cautious consumption are keeping the economy feeling cold for ordinary people.

13°C

Claude

Weak household confidence and real-income expectations outweigh modest improvements in production.

12°C

Gemini

The economy is still growing, but employment, housing, and consumer confidence remain below comfortable levels.

15°C

DeepSeek

Resilient production is being offset by weak domestic demand and housing conditions in households' lived experience.

13°C

Qwen

Policy support is providing some stability, but employment conditions and willingness to spend remain subdued.

14°C

How different people feel

Young people

Severe cold · Intense competition for entry-level jobs is putting significant pressure on career and income expectations.

9°C

White-collar workers

Cold · Employment is broadly stable, but opportunities for pay rises, job changes, and promotions remain limited.

13°C

Small business owners

Cold · Weak demand and tighter profit margins continue to weigh on small-business confidence.

12°C

First-time homebuyers

Cold · Housing corrections have reduced pressure to chase prices, but weak income expectations still constrain buying intentions.

10°C

Every group uses the same 0–40°C scale and is judged independently.

Weekly history

History starts here

Sep 7, 2026 · 13°C
A trend line will appear after a second weekly release is added.

Why 13°C?

Five dimensions explain the published temperature without turning the page into a financial dashboard.

Employment 30%

Hiring demand and wage bargaining power remain weak, with especially visible pressure on younger workers.

12°C

Real income & cost 25%

Living costs are broadly stable, but income growth and expectations for future earnings remain weak.

13°C

Consumption & confidence 20%

Households retain a strong preference for saving and remain cautious about discretionary and major purchases.

13°C

Housing 15%

The continuing housing adjustment is weighing on household wealth perceptions and homebuying confidence.

11°C

Business environment 10%

Businesses continue to operate normally, but willingness to invest, expand, and hire remains limited.

16°C

Sources

These links are placeholders from example.json, not verified release sources.

示例来源：月度就业数据

示例机构

Example link

Example source: monthly consumer data

Example institution

Example link