BEIJING, May 19 (Xinhua) -- The following are the highlights of China's key business news from the past week:
FIXED-ASSET INVESTMENT
China's fixed-asset investment grew 6.1 percent year on year in the first four months of 2019, retreating 0.2 percentage points from the first quarter, according to the National Bureau of Statistics (NBS).
Investment by the state sector went up 7.8 percent during the period, while private-sector investment increased 5.5 percent, 0.9 percentage points lower than that in the first three months.
Real estate investment increased 11.9 percent year on year in the first four months, accelerating from the 11.8-percent expansion recorded in the January-March period.
INDUSTRIAL PRODUCTION
The country's value-added industrial output, an important economic indicator, expanded 5.4 percent year on year in April, according to the NBS.
The growth rate was down by 3.1 percentage points from March, but 0.1 percentage point faster than the first two months.
In the first four months, industrial output increased 6.2 percent year on year, the same pace as that for the whole year of 2018.
RETAIL SALES
The country's retail sales of consumer goods rose 7.2 percent year on year in April, down from an increase of 8.7 percent registered in March.
The indicator of consumption rose 8 percent year on year in the January-April period, down from the 8.3-percent rise seen in the first quarter, according to the NBS.
