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Industrial growth in China’s ferrous smelting and processing sector in April jumped by 11.5% on year, according to the latest data from China’s National Bureau of Statistics released on Wednesday. The figure was also some 3 percentage points higher from that in March and took the average over the first four months of this year to a fairly robust 8.9% on year, the statistics show.
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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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China’s crude steel output rose at a fast pace of 10.1% on year over January-April to reach some 315 million tonnes, according to the latest statistics released by the country’s National Bureau of Statistics (NBS) on May 15.
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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's crude steel output grew 10.1% on year to nearly 315 million tonnes with the April volume up 12.7% year on year to about 85 million tonnes. A detailed report 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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China’s steel demand from key consuming sectors such as the property market and infrastructure construction is expected to remain stable for the rest of 2019, Wu Jingjing from the China Iron & Steel Association (CISA) shared at the Singapore Iron Ore Week 2019 forum in the city-state on May 9.
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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 imported 16.42 million tonnes of coking coal over the January-March quarter, higher by a remarkable 34.7% on year, according to data released by China’s General Administration of Customs on April 23. The solid growth in imports of Mongolian coal was the major driver for the higher coking-coal import tonnage overall, according to market sources.
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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 output of raw coal edged up by a tiny 0.4% on year to reach 812.6 million tonnes over January-March, while that for coke surged by 7.3% on year to 112.1 million tonnes, according to data tabled by the country’s National Bureau of Statistics (NBS) 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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Over January-March,China’s output of raw coal edged up 0.4% on
year to 812.6 million tonnes, and the coke output increased
7.3% on year to 112.2 million tonnes. A detailed report will be posted
soon.
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China's crude steel output grew 9.9% year on year to 231 million tonnes for January-March. A detailed report will be posted soon.
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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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China's coal imports fell 1.8% on year to 74.6 million tonnes over January-March, and its coke and semi-coke exports fell 8.3% on year to 2 million tonnes over the period. A detailed report will be published soon.
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China will remain reliant on coal as its major energy supply source over the longer term, despite Beijing’s efforts to reduce the proportion of coal in the country’s overall energy supply mix. That was the view of delegates attending the 2019 China Coal Market Annual Conference & Global Seaborne Coal Market Summit in Shanghai over April 10-11.
