Graph and download economic data for Residential Property Prices for China (QCNN368BIS) from Q2 2006 to Q1 2025 about China, residential, housing, and price.

Residential Property Prices in China decreased 7.52 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for China Residential Property Prices.

Despite a slowdown in the country's economy, property prices remained relatively high across China in 2023. In Shanghai, the average prices for residential housing exceeded ****** yuan per square meter, making the metropolis one of the most expensive cities to live in globally. Meanwhile, many less developed regions, such as the provinces of Guizhou, Gansu, and Guangxi, had average housing prices below ***** yuan per square meter. High property prices in major cities The commodification of real estate in the 1990s led to a rapid rise in property prices across China over the last three decades. Between 1998 and 2023, average property prices in China ************************* to more than ****** yuan per square meter. The cost of housing in core areas of major urban centers such as Shenzhen, Shanghai, and Beijing can often reach unaffordable levels, even for the middle class. Key drivers behind the housing price rise Due to the regional disparities in the country, China's rapid urbanization resulted in a high influx of internal migrants into its eastern cities, resulting in a short housing supply across many regions. At the same time, due to China's unique land and tax system, local governments are often highly dependent on land transfer revenues for their finances. As a result, many regional authorities tend to restrict the supply of available land in the market, further exacerbating property price rises across the country.

Export Prices in China increased to 98.70 points in May from 96.70 points in April of 2025. This dataset provides the latest reported value for - China Export Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2023, the average price for residential real estate in Shenzhen ****** yuan per square meter. This was the highest price among all major cities in China, with the average price across the country amounting to ****** yuan per square meter. A pillar of the Chinese economy China gradually abolished its welfare housing allocation system and liberalized its real estate market in the 1990s. In 2003, the government declared the real estate sector as one of the pillars of the Chinese economy. Thanks to the country's rapid economic development and urbanization, China's real estate market expanded significantly in the last two decades, with the sector accounting for about seven percent of China's GDP in 2022. Unaffordable in major urban centers While the real estate industry greatly contributed to the growth of China's economy, the housing market boom also created social issues and financial risks. In comparison to household income, property prices in major cities, most notably Shanghai, Beijing, Guangzhou, and Shenzhen, are extraordinarily expensive for average citizens. Soaring housing prices have also led to a rapid division of wealth between homeowners and renters. At the same time, debt problems created by the rapid expansion of real estate companies and the high levels of debt accumulated by Chinese citizens have created serious potential hazards for China's financial system.

Graph and download economic data for Import Price Index by Origin (NAICS): All Industries for China (CHNTOT) from Dec 2003 to May 2025 about imports, China, commodities, price index, indexes, price, and USA.

Key information about House Prices Growth

• China house prices dropped 4.1% YoY in Dec 2024, following a decrease of 4.8% YoY in the previous month.
• YoY growth data is updated monthly, available from Mar 1999 to Dec 2024, with an average growth rate of 7.4%.
• House price data reached an all-time high of 25.0% in Feb 2010 and a record low of -12.6% in Apr 1999.

Producer Prices in China decreased to 104.90 points in March from 105.30 points in February of 2025. This dataset provides - China Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In May 2025, the price index for products imported to China ranged at **** index points (on yuan basis), indicating a decrease compared to the previous month. The pressure of increasing import prices has eased considerably since mid-2022.

China: Communication price index, world average = 100: The latest value from 2021 is 86.15 index points, a decline from 88.92 index points in 2017. In comparison, the world average is 110.91 index points, based on data from 165 countries. Historically, the average for China from 2017 to 2021 is 87.54 index points. The minimum value, 86.15 index points, was reached in 2021 while the maximum of 88.92 index points was recorded in 2017.

China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data was reported at 3.630 RMB/Cub m in Mar 2025. This records a decrease from the previous number of 3.640 RMB/Cub m for Feb 2025. China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data is updated monthly, averaging 3.120 RMB/Cub m from Jan 2007 (Median) to Mar 2025, with 219 observations. The data reached an all-time high of 3.670 RMB/Cub m in Aug 2015 and a record low of 1.990 RMB/Cub m in Mar 2007. China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: 36 City Monthly Avg: Transaction Price: Production Material.

Graph and download economic data for Inflation, consumer prices for China (FPCPITOTLZGCHN) from 1987 to 2024 about China, consumer, CPI, inflation, price index, indexes, and price.

House price index in China, March, 2025 The most recent value is 121.64 index points as of Q1 2025, a decline compared to the previous value of 122.7 index points. Historically, the average for China from Q2 2005 to Q1 2025 is 113.55 index points. The minimum of 75.87 index points was recorded in Q2 2005, while the maximum of 145.91 index points was reached in Q3 2021. | TheGlobalEconomy.com

Electricity prices for businesses amounted to *** cents per kilowatt-hour on the U.S. dollar in China in June 2024. Business electricity prices decreased in the country from over **** cents per kilowatt-hour in June 2020. Household electricity in China was cheaper, amounting to *** cents per kilowatt-hour in March 2024. Overhauling price calculation Since its liberalization of the state electricity market, the National Development and Reform Commission introduced an overhaul of the electricity pricing model in mid-2023. Based on the premise of “cost plus reasonable profit” the reforms were aimed at introducing fairer and more transparent rates while also promoting more efficient utilization of the electricity grid. In the new system, businesses enjoy lower electricity rates if they use higher voltages, reflecting a more accurate distribution of grid utilization costs. Competition in industrial policy For many years, the Chinese government has been accused of using subsidized electricity prices to give domestic companies an advantage on the world market. In the EV race, they come up again. To accelerate the industrialization of the country, policymakers have set up ambitious development goals and created the necessary framework to achieve them. For instance, electric battery manufacturers could utilize significant government support. However, often, subsidies like preferential electricity prices are difficult to prove, and in response to European and American accusations, Beijing points to the Inflation Reduction Act in the U.S. and similar subsidy programs in the European Union.

China: Machinery and equipment prices, world average = 100: The latest value from 2021 is 128.04 index points, an increase from 125.41 index points in 2017. In comparison, the world average is 100.85 index points, based on data from 165 countries. Historically, the average for China from 2017 to 2021 is 126.73 index points. The minimum value, 125.41 index points, was reached in 2017 while the maximum of 128.04 index points was recorded in 2021.

Producer Prices in China decreased 3.60 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - China Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

China: Fish and seafood prices, world average = 100: The latest value from 2021 is 124.03 index points, an increase from 116.05 index points in 2017. In comparison, the world average is 107.92 index points, based on data from 165 countries. Historically, the average for China from 2017 to 2021 is 120.04 index points. The minimum value, 116.05 index points, was reached in 2017 while the maximum of 124.03 index points was recorded in 2021.

China: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.96 dollars, a decline from 1.17 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for China from 1995 to 2016 is 0.74 dollars. The minimum value, 0.27 dollars, was reached in 1995 while the maximum of 1.37 dollars was recorded in 2012.

China Property Price: YTD Avg: Residential: Overall data was reported at 9,935.647 RMB/sq m in Mar 2025. This records a decrease from the previous number of 9,948.777 RMB/sq m for Feb 2025. China Property Price: YTD Avg: Residential: Overall data is updated monthly, averaging 5,392.835 RMB/sq m from Mar 1998 (Median) to Mar 2025, with 325 observations. The data reached an all-time high of 11,228.093 RMB/sq m in Feb 2021 and a record low of 1,757.931 RMB/sq m in Apr 1999. China Property Price: YTD Avg: Residential: Overall data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Price – Table CN.PD: NBS: Property Price: Residential: Monthly.

In 2023, the average price of properties for business purposes in Beijing surpassed ** thousand yuan per square meter. The capital, together with major municipalities of Shanghai, and the southern provinces of Guangdong and Hainan are the regions with the most expensive commercial real estate in China, where the average price increased slightly to ****** yuan per square meter in 2023.