As the world's second-largest economy, information about China is in high demand. In addition, its prospect has increased due to the opening of A-share markets to foreign investors. China is different from western economies when it comes to the generation of data, as Chinese consumers do not generate data through traditional providers such as Google. Instead, this data is generated by Chinese proxies.

The power of SpaceKnow Nowcasting data lies in its standardization. You can safely compare all our Chinese data with each other or to other datasets for other countries. SpaceKnow obtains data from radar satellites which consistently deliver data down to earth. SpaceKnow monitors over 10,000 locations in China.

About data: SpaceKnow data has a history since January 2017 SpaceKnow data is updated on a weekly and daily basis SpaceKnow data provides the latest data point to customers instantly SpaceKnow data is transparent about locations from which it collects data SpaceKnow data is not affected by weather conditions

Available datasets: China Country Nowcasting Weekly updated change data Indices focused on the macroeconomic sector: manufacturing, mining with traditional benchmark predictions Indices focused on sectors: mining, automotive, chemical, transport, etc. Indices focused on regional and country pollution Industry indices provide information in z-score and percentages for low, normal and high activity Pollution indices provide information in mol/m2 and parts per billion for methane

China Nowcasting Summary:

China Logistic Centres Daily updated data aggregated by country and segregated by the 17 Chinese provinces Dataset provides three types of indices with different information: A level index that captures the long-term trends in the level of domestic trade A change index that captures the total flow of activity entering and exiting the monitored locations An activity index that captures different types of activity across time Indices are level in squared meters, change in z-score and activity in percentage

China Retail Indices Daily updated level data in squared meters Indices capture retail-related activity across China over parking areas that belong to shopping centres and metro stations Indices estimate the current state of the retail market in China Retail Parking Retail Metro Parking

China Automotive Companies [Released] Daily updated level data in squared meters Indices cover the production of assembled cars, movement at employee parking areas Covered companies: SAIC, BBAC, Changan, Dongfeng, Geely, GAC Group, Tesla Shanghai and more

China Coal [Coming Soon] Daily updated level data in squared meters Focus on mines, storage, processing and distribution centres Indices cover country and also region levels for Xinjiang, Shaanxi, Shanxi, Inner Mongolia China Truck Stops [Coming Soon]

Worldwide car sales grew to around ** million automobiles in 2024, up from around **** million units in 2023. Throughout 2020 and 2021, the sector experienced a downward trend on the back of a slowing global economy, while COVID-19 and the Russian war on Ukraine contributed to shortages in the automotive semiconductor industry and further supply chain disruptions in 2022. Despite these challenges, 2023 and 2024 sales surpassed pre-pandemic levels and are forecast to keep rising through 2025 and 2026. Covid-19 hits car demand It had been estimated pre-pandemic that international car sales were on track to reach ** million. While 2023 sales are still far away from that goal, this was the first year were car sales exceeded pre-pandemic values. The automotive market faced various challenges in 2023, including supply shortages, automotive layoffs, and strikes in North America. However, despite these hurdles, the North American market was among the fastest-growing regions in 2024, along with Eastern Europe and Asia, as auto sales in these regions increased year-on-year. Chinese market recovers After years of double-digit growth, China's economy began to lose steam in 2022, and recovery has been slow through 2023. China was the largest automobile market based on sales with around **** million units in 2023. However, monthly car sales in China were in free-fall in April 2022 partly due to shortages, fears over a looming recession, and the country grappling with the COVID-19 pandemic. By June of that same year, monthly sales in China were closer to those recorded in 2021.