Photo taken on July 12, 2015 shows an aerial view of Nanjing, capital city of east China's Jiangsu Province. In the first half of the year, China's fixed-asset investment hit 23.71 trillion yuan (about 3.82 trillion U.S. dollars), up 11.4 percent year on year, according to data released by the National Bureau of Statistics (NBS) on July 15. (Xinhua/Su Yang)
Wang made the remarks in an interview with People's Daily, which will run the full text on Friday. Full story
China outbound direct investment surges in H1
BEIJING, July 16 (Xinhua) -- China's outbound direct investment (ODI) increased sharply in the first half of 2015, thanks to less government restrictions, an official with the Ministry of Commerce (MOC) said Thursday.
China's non-financial ODI grew 29.2 percent in the first six months to 56 billion U.S. dollars, said Zhang Xiangchen, deputy international trade representative with the MOC. Full story
Record amount of money retrieved in H1 for dissatisfied consumers
BEIJING, July 15 (Xinhua) -- More than 592,000 complaints were dealt with and a whopping 890 million yuan (145.42 million U.S. dollars) retrieved for consumers by the State Administration for Industry and Commerce (SAIC) in the first half of 2015.
Complaints related to online shopping grew the most, up 140 percent year on year, according to the SAIC on Wednesday. Full story
China reports better-than-expected Q2 growth
BEIJING, July 15 (Xinhua) -- China's economy posted a better-than-expected growth of 7 percent in the second quarter of 2015, as the filtering through of the government's pro-growth policies and reform measures pave way for steady improvement in the latter half of the year.
Second-quarter GDP expanded 7 percent year on year, unchanged from the first quarter. It grew 1.7 percent over the previous quarter, the National Bureau of Statistics (NBS) announced on Wednesday. Full story
China's H1 fixed-asset investment up 11.4 pct
BEIJING, July 15 (Xinhua) -- China's fixed-asset investment grew 11.4 percent year on year to 23.71 trillion yuan (3.88 trillion U.S. dollars) in the first half, official data showed on Wednesday.
The growth pace was flat from the figure for the first five months but was lower than the 13.5-percent growth registered in the first quarter, the National Bureau of Statistics (NBS) said in a statement. Full story
China's H1 industrial output up 6.3 pct
BEIJING, July 15 (Xinhua) -- Despite a continued slowdown, China's industrial sectors may walk out of their worst period and provide a firm footing for stabilization of the economy, new data has suggested.
Industrial output grew 6.3 percent year on year in the first half of 2015, slightly down from a 6.4-percent increase in the first quarter, data released by the National Bureau of Statistics (NBS) showed on Wednesday. Full story
China's property investment loses more steam in H1
BEIJING, July 15 (Xinhua) -- China's property investment continued to soften in the first half of this year, putting the sector, once a growth engine of the economy, under greater pressure.
Real-estate investment rose 4.6 percent year on year to 4.4 trillion yuan (708.8 billion U.S. dollars) in the first half of 2015, the National Bureau of Statistics announced Wednesday. Full story
China retail sales up 10.4 pct in H1
BEIJING, July 15 (Xinhua) -- China's retail sales grew 10.4 percent year on year to 14.16 trillion yuan (2.32 trillion U.S. dollars) in the first half of 2015, the National Bureau of Statistics said on Wednesday.
The growth was down 0.2 percentage point from the rate seen in the first quarter. Full story
China's fiscal revenue rises 13.9 pct in June
BEIJING, July 15 (Xinhua) -- China's fiscal revenue rose 13.9 percent year on year to 1.53 trillion yuan (251.39 billion U.S. dollars) in June, the Ministry of Finance announced on Wednesday.
Combined fiscal revenue in the first six months hit 7.96 trillion yuan, a year-on-year increase of 6.6 percent. The growth was 4.1 percentage points lower than the rise seen in the same period last year. Full story
China's new yuan loans pick up in H1
BEIJING, July 14 (Xinhua) -- China's new yuan-denominated loans reached 6.56 trillion yuan (1.07 trillion U.S. dollars) in the first half of this year, the central bank said Tuesday.
Loan volume was 537.1 billion yuan higher than the same period of last year, the People's Bank of China said in a statement. Full story
China Focus: China's foreign trade remains lackluster, but outlook brightens
BEIJING, July 13 (Xinhua) -- China's foreign trade volume continued to drop in the first half (H1) of the year, but an unexpectedly strong exports rebound in June was an encouraging sign for the pressured economy, official data showed on Monday.
Total foreign trade dropped 6.9 percent year on year to 11.53 trillion yuan (1.89 trillion U.S. dollars) in the first six months of 2015, slipping further from a 6-percent decline in the first quarter, according to data from the General Administration of Customs (GAC). Full story
China's producer prices continue to fall
BEIJING, July 9 (Xinhua) -- China's producer prices continue to fall in June, a sign of prolonged weakness of demand, data from the National Bureau of Statistics showed on Thursday.
The producer price index, a measure of costs for goods at the factory gate, fell 4.8 percent year on year in June, widening from the 4.6-percent drop seen a month earlier. Full story
China's consumer inflation picks up in June
BEIJING, July 9 (Xinhua) -- Growth in China's consumer price index (CPI), a main gauge of inflation, edged up to 1.4 percent in June, slightly above market forecasts of 1.3 percent and 1.2-percent rise in May.
On a monthly basis, consumer prices in June remained unchanged, compared with a dip of 0.2 percent posted in May, the National Bureau of Statistics (NBS) said on Thursday. Full story
