Here are three (very different) reading records of my three children.
Take Da Bao’s reading record as an example: He is currently reading independently at an intermediate stage. He is reading Sage Books Basic Chinese 500 , Odonata Reader level B/C on the Wawayaya JoyReader Pro app. Rather than move up to the next level quickly, I prefer to broaden the leveled readers he read, so that he can build a stronger Chinese foundation.
Once a month, I will sit down with him, randomly pick books at his reading level, and simply listen to him read. It can be immensely rewarding for your child to be able to read to you. In return, perhaps he/she can pick a book of their choice and you can read to them!
Apart from tracking their reading level, checking the books they select can also gives me insight into their current interests and how I can use that to expand their Chinese learning. Subsequently, I can then find more interesting books for them to either read on these e-books app, or put them on my ever-growing Chinese books wishlist.
For books they find challenging to read on their own, I make a little mark next to the book to indicate that we should practise reading it again.
A surprising positive effect this has had on my children is that they want to read more to fill up the pages!