> ## Documentation Index > Fetch the complete documentation index at: https://www.worldmonitor.app/docs/llms.txt > Use this file to discover all available pages before exploring further. # China Official Macro and Policy > Official China macro observations, release-calendar verification, policy-event taxonomy, source admission, revisions, and missingness. WorldMonitor maintains two independent official-document lanes: revision-aware numeric macro observations and typed policy/enforcement events. They share the [decision-signal provenance contract](/docs/decision-signal-provenance), but they do not share fetchers, scoring, or freshness rules. ## Official macro observations The launched macro snapshot requires five series: | Series ID | Publisher | Pillar | Unit | Maximum observation age | | -------------------------------- | ---------------------------------------- | ------------------- | --------------- | ----------------------- | | `nbs_industrial_value_added_yoy` | National Bureau of Statistics of China | Activity | Percent | 75 days | | `nbs_fixed_asset_investment_yoy` | National Bureau of Statistics of China | Investment/property | Percent | 75 days | | `nbs_real_estate_investment_yoy` | National Bureau of Statistics of China | Investment/property | Percent | 75 days | | `safe_fx_reserves` | State Administration of Foreign Exchange | External pressure | USD 100 million | 45 days | | `safe_bank_fx_settlement` | State Administration of Foreign Exchange | External pressure | CNY 100 million | 45 days | NBS is collected from `www.stats.gov.cn/english/PressRelease/`; SAFE is collected from `www.safe.gov.cn/safe/`. Both sources have bounded request budgets, manual redirect handling, response-size limits, robots preflight, source-host allowlists, and reviewed attribution requirements. The macro seeder does not use a proxy to bypass a rejected source decision. The following reviewed candidates remain explicit unavailable observations instead of being silently omitted: * `pboc_aggregate_financing_flow` * `pboc_new_rmb_loans` * `pboc_m2_yoy` * `pboc_policy_liquidity_operation` * `gacc_exports` * `gacc_imports` * `gacc_trade_balance` PBoC candidates remain blocked when `www.pbc.gov.cn` robots policy disallows the reviewed paths or terms review is incomplete. GACC candidates remain blocked when `english.customs.gov.cn` cannot pass the TLS/source preflight. Their pillars therefore remain `unavailable`; another publisher is not substituted. ## Revisions and direction Each official observation retains its observation period, publication time, retrieval time, source URL, vintage ID, revision sequence, and supersession state. A correction creates or updates a traceable vintage; it does not rewrite the historical point-in-time record. Direction is calculated only when the published series contract supplies a valid comparison. Missing comparison values remain unavailable. The snapshot is launch-ready only when all five required observations are valid and within their individual age budgets. Transport freshness and snapshot completeness are written as separate seed metadata. `GET /api/economic/v1/get-china-macro-snapshot` reads the canonical `economic:china:macro:v2` seed and never fans out to upstream publishers on a cache miss. The macro Railway member runs every 36 hours. ## Release calendar The release calendar reads the current NBS calendar from `www.stats.gov.cn`. Loan Prime Rate dates are generated from the reviewed Chinese business-day calendar and marked `provisional`, then promoted to `verified` only when the corresponding ChinaMoney/CFETS notice is found on `www.chinamoney.com.cn`. Failure of the required NBS calendar fails the calendar build. Failure of ChinaMoney verification leaves LPR dates provisional and records the source decision; it does not relabel them as verified. ## Policy and enforcement events The policy lane polls six official agencies: | Agency | Publisher | Listing host | | -------- | ----------------------------------------------- | -------------------- | | `CAC` | Cyberspace Administration of China | `www.cac.gov.cn` | | `SAMR` | State Administration for Market Regulation | `www.samr.gov.cn` | | `MIIT` | Ministry of Industry and Information Technology | `www.miit.gov.cn` | | `MOFCOM` | Ministry of Commerce | `www.mofcom.gov.cn` | | `NDRC` | National Development and Reform Commission | `zfxxgk.ndrc.gov.cn` | | `PBOC` | People's Bank of China | `www.pbc.gov.cn` | Each agency is limited to one listing request and at most three reviewed document fetches per run, with a 400 ms same-host cadence. Listing responses are capped at 750 KB and documents at 2 MB. URLs must match the reviewed host and path contract. The deterministic taxonomy emits: * `consultation_draft` * `announcement_guidance` * `final_rule` * `administrative_approval_restriction` * `investigation` * `enforcement_penalty` * `effective_date_change` * `amendment_correction_repeal_supersession` * `unknown` The published event keeps the original Chinese title and text, translation state, document number, publication and effective dates, reviewed sector/entity links, content hash, classification evidence, lineage, revisions, and full provenance. Unknown classification is retained as unknown; it is not promoted to enforcement. The Railway macro bundle refreshes this lane every 6 hours. It retains at most 120 events across complete lineages for 180 days. A failed agency preserves still-valid last-good events with transport freshness changed to `error`; healthy agencies continue independently. ## Alert boundary Consultation drafts, guidance, and unknown policy classifications do not alert. Reviewed policy/enforcement alerts require a new stable lineage. Corrections and repeat ingestion retain the same lineage for deduplication. The bounded China decision-signal composition publishes at most four valid items from this lane.