Klingelhöfer, Jan and Rongrong Sun (2019) "Macroprudential Policy, Central Banks and Financial Stability: Evidence from China", Journal of International Money and Finance, 93 (2019): 19-41.
Klingelhöfer and Sun (2019) develop a narrative index (Klingelhöfer-Sun-MPP index) that measures the PBC's macroprudential policy actions to safeguard financial stability in China on a monthly basis over the 2000-2015 period.
Download the index data (2000M1-20151M12) below in Excel format, together with the appendix on index identification.