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China’s GDP achieved a 6.3% year-on-year growth for the first half of 2019 to Yuan 45.1 trillion ($6.6 trillion), which was within Beijing’s economic growth target of 6-6.5% for this year, though the Q2 GDP growth was 0.2 percentage point lower than that for Q1, according the latest release from the country’s National Bureau of Statistics (NBS) on July 15.
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China's fixed asset investment (FAI) grew by 5.8% on year to Yuan 29.9 trillion ($4.3 trillion) for January-June, up 0.2 percentage point from that for January-May, while the FAI in the property market grew 10.9% on year in H1, 0.3 percentage point lower than the first five months, according to the latest data released by China’s National Bureau of Statistics on July 15.
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China's fixed asset investment in general grew 5.8% on year to Yuan 29.9trillion ($4.3trillion) for January-June, among which the funding in the property market went up 10.9% on year to Yuan 6.2trillion during the period. A detailed story will be posted soon.
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China's GDP grew 6.3% on year in the first half of 2019, which was within its annual target at 6%-6.5% for the whole 2019. A detailed report will be posted.
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China Premier Li’s recent calling for the acceleration in upgrading old residential housing in urban areas, and improving the grid network and drinking water safety in rural areas are interpreted good news to fixed asset investment and domestic steel sector may benefit too in turn, market sources shared.
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China's overall fixed asset investment (FAI) grew by 5.6% on year to Yuan 21.76 trillion ($3.15 trillion) for January-May, though the five-month growth was lower by 0.5 percentage point from growth during January-April, according to the latest data released by China’s National Bureau of Statistics on Friday.
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China's fixed asset investment in general grew 5.6% on year to Yuan 21.76trillion ($3.15trillion) for January-Mayand the funding into the property market went up 11.2% on year to Yuan 4.6trillion during the period. A detailed story will be posted soon.
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The Purchasing Managers’ Index (PMI) for China’s manufacturing industry continued to dive in May, down another 0.7 basis point on month to 49.4, falling below the threshold of 50 according to the latest release by China’s National Bureau of Statistics (NBS) on May 31.
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China’s economy and financial system will be able to withstand the impact of the ever-escalating Sino-US trade friction, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC) confidently predicted on May 28 during an exclusive interview with Xinhua News Agency and People’s Daily.
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China’s fixed asset investment (excluding rural households) over January to April grew by a healthy 6.1% on year to Yuan 15.57 trillion ($2.3 trillion), though growth over the four months slowed by 0.2 percentage point compared with January-March, according to new data from China’s National Bureau of Statistics released on May 15.
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China's fixed asset investment in general grew 6.1% on year to Yuan 15.57trillion ($2.3trillion) for January-April and the funding into the property market went up 11.9% on year to Yuan 3.4 trillion during the period. A detailed story will be posted soon.
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China will raise the tariffs on some of the $60 billion worth of the US goods to a maximum of 25% starting June 1, according to an announcement from Customs Tariff Commission of the State Council on the evening of May 13 Beijing time.
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The Purchasing Managers’ Index (PMI) for China’s manufacturing industry nudged down 0.4 basis point on month to 50.1 for April, just above the threshold of 50 connoting expansion, according to Tuesday’s official release from China’s National Bureau of Statistics.
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China’s fixed asset investment in the domestic property market rose by 11.8% year on year to Yuan 2.38 trillion ($355.2 billion) over January-March, though the rate of growth was only 0.2 percentage point higher from that during January-February, according to the latest data from China’s National Bureau of Statistics published on April 17.
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China’s gross domestic product (GDP) grew 6.4% on year to Yuan 21.3 trillion ($3.2 trillion) for the first quarter of 2019, kicking off the year with a positive and steady note, according to the latest release by the country’s National Bureau of Statistics (NBS) on April 17.
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China's fixed asset investment in the property market went up 11.8% on year to Yuan 2.38trillion ($355 billion) over January-March. A detailed report will be posted soon.
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China's GDP grew 6.4% on year in the first quarter of 2019, falling in its annual target at 6%-6.5% for the whole 2019. A detailed report will be posted.
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China's fixed asset investment in general grew 6.3% on year to Yuan 10.2 trillion ($1.5 trillion) for January-March. A detailed story will be posted soon.
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The Purchasing Managers’ Index (PMI) for China’s manufacturing industry returned to the expansion zone in March, having rebounded 1.3 basis points on month to 50.5, and both the production and demand recovered, according to the release by China’s National Bureau of Statistics (NBS) on March 31.
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China’s two top-level political annual sessions every March are always of great significance in understanding the country’s economic planning for the very year and China’s Premier Li Keqiang sent out a firm and strong signal last Friday, immediately after both the events were concluded, that the country is capable of maintaining its economic growth within a reasonable range and achieving stability in 2019.
