The Chinese stock markets have been designated as policy markets since they were founded. The macroeconomic information plays an important role in the changes of stock prices. This paper explores the effects of macroeconomic information on the stock price synchronicity at industry level in Chinese stock markets. The results show that macroeconomic information, such as Gross Domestic Product (GDP) and Consumer Price Index (CPI), has significantly negative impact on the industrial stock price synchronization of all industries except finance and insurance. The extent to which stock price synchronicity varies in different industries or trades. Furthermore, the extent of synchronicity of each industry differs between bull and bear market, i.e., the synchronicity is higher in bear market than it is in bull market. These demonstrate that the synchronicity in Chinese stock markets is characterized by both industrial idiosyncrasy and market performance.