The Conference Board Leading Economic Index(LEI) for China declined by 0.8% in October 2025 to 145.6 (2016=100), after decreasing by 0.1% in September.

As a result, the LEI contracted by 2.0% over the six-month period from April to October 2025, continuing a 1.7% decline over the previous six-month period between October 2024 and April 2025.

The Conference Board Coincident Economic Index (CEI) for China ticked up by 0.1% in October 2025 to 156.6 (2016=100), after expanding by 0.3% in September.

Overall, the CEI increased by 2.9% over the six-month period from April to October 2025, improvement from a 0.6% growth observed over the previous six-month period between October 2024 and April 2025.

The Leading Economic Index (LEI) provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index (CEI) provides an indication of the current state of the economy.

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