Nature of indicators

Indicator content

Abbreviation

Explanatory variable

overnight EURIBOR month-end value

EURIBOR

Policy base variables

overnight SHIBOR month-end value

SHIBOR

exchange rate of Euro against RMB

EX

Chinese CSI 300 Index

SPI

Final target variable

year-on-year value of China’s industrial value added

IP

year-on-year value of the consumer price index

CPI

year-on-year value of urban unemployed

employment

trade balance between the EU and China

TRADE