The CKGSB Business Conditions Index
The CKGSB Business Conditions Index

LI Wei

In June 2011, the CKGSB Case Center and the Center for Economic Research initiated a project to gauge the business sentiment of executives about the macro-economic environment in China – called an index of business conditions. Under the direction of Professor Li Wei, the two research centers designed and tested the BCI survey in July 2011. In September 2011, the first surveys were distributed and first results computed, and has been published monthly ever since.

The CKGSB Business Conditions Index is a set of forward-looking, diffusion indices. The index takes 50 as its threshold, so an index value above 50 means that the variable that the index measures is expected to increase, while an index value below 50 means that the variable is expected to fall. The CKGSB BCI thus uses the same methodology as the PMI index.

The survey asks roughly 300+ senior executives of companies whether their main products are for consumers or non-consumers, and then asks how they think product prices will change in the next six months. Based on survey responses, we have been able to report expectant changes in consumer and producer prices, as well as a variety of other related indices. Companies surveyed are across different sectors, including consumer, industrial, real estate, manufacturing and staple.

Latest survey results:

In October, the CKGSB Business Conditions Index (BCI) registered at 55.4, a minimal rise on September’s figure of 54.2. Steady economic growth over the past few months has carried the index over the confidence outlook threshold of 50.0.

The full survey can be downloaded via the links below (Chinese version available here).

For more information, or to arrange an interview with Professor Li Wei, please email jessicawang@ckgsb.edu.cn.

  • The CKGSB Business Conditions Index – Oct 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Sep 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Aug 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Jul 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Jun 2020 Report | Commentary

  • The CKGSB Business Conditions Index – May 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Apr 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Mar 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Feb 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Jan 2020 Report | Commentary

  • The CKGSB Business Conditions Index – Dec 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Nov 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Oct 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Sep 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Aug 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Jul 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Jun 2019 Report | Commentary

  • The CKGSB Business Conditions Index – May 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Apr 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Mar 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Feb 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Jan 2019 Report | Commentary

  • The CKGSB Business Conditions Index – Dec 2018 Report | Commentary

  • The CKGSB Business Conditions Index – Nov 2018 Report | Commentary

  • The CKGSB Business Conditions Index – Oct 2018 Report | Commentary

  • The CKGSB Business Conditions Index – Sep 2018 Report

  • The CKGSB Business Conditions Index – Aug 2018 Report

  • The CKGSB Business Conditions Index – Jul 2018 Report | Commentary

  • The CKGSB Business Conditions Index – Jun 2018 Report

  • The CKGSB Business Conditions Index – May 2018 Report  | Commentary

  • The CKGSB Business Conditions Index –Apr 2018 Report  | Commentary

  • The CKGSB Business Conditions Index – Mar 2018 Report | Commentary

  • The CKGSB Business Conditions Index – Feb 2018 Report | Commentary

  • The CKGSB Business Conditions Index – Jan 2018 Report | Commentary

  • The CKGSB Business Conditions Index – Dec 2017 Report | Commentary

  • The CKGSB Business Conditions Index – Nov 2017 Report | Commentary

  • The CKGSB Business Conditions Index – Oct 2017 Report

  • The CKGSB Business Conditions Index – Sep 2017 Report | Commentary

  • The CKGSB Business Conditions Index – Aug 2017 Report

  • The CKGSB Business Conditions Index – Jul 2017 Report

  • The CKGSB Business Conditions Index – Jun 2017 Report

  • The CKGSB Business Conditions Index – May 2017 Report

  • The CKGSB Business Conditions Index – Apr 2017 Report

  • The CKGSB Business Conditions Index – Mar 2017 Report

  • The CKGSB Business Conditions Index – Feb 2017 Report

  • The CKGSB Business Conditions Index – Jan 2017 Report

  • The CKGSB Business Conditions Index – Dec 2016 Report

  • The CKGSB Business Conditions Index – Nov 2016 Report

  • The CKGSB Business Conditions Index – Oct 2016 Report

  • The CKGSB Business Conditions Index – Sep 2016 Report

  • The CKGSB Business Conditions Index – Aug 2016 Report

  • The CKGSB Business Conditions Index – Jul 2016 Report

  • The CKGSB Business Conditions Index – Jun 2016 Report

  • The CKGSB Business Conditions Index – May 2016 Report

  • The CKGSB Business Conditions Index – Apr 2016 Report

  • The CKGSB Business Conditions Index – Mar 2016 Report

  • The CKGSB Business Conditions Index – Feb 2016 Report

  • The CKGSB Business Conditions Index – Jan 2016 Report

  • The CKGSB Business Conditions Index – Dec 2015 Report

  • The CKGSB Business Conditions Index – Nov 2015 Report

  • The CKGSB Business Conditions Index – Oct 2015 Report

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