China's fiscal revenue up 6.1 pct in July -- China's fiscal revenue rose 6.1 percent year on year to 1.75 trillion yuan (255 billion U.S. dollars) in July, official data showed on August 13. The growth quickened from the 3.5-percent gain in June, according to the Ministry of Finance website. The central government collected 860.7 billion yuan in fiscal revenue last month, up 1.2 percent year on year, while local governments saw fiscal revenue expand 11.4 percent to 885.4 billion yuan.
China's industrial output up 6 pct in July -- China's industrial output expanded 6 percent year on year in July, official data showed on August 14. In the first seven months of the year, industrial output increased 6.6 percent year on year, 0.1 percentage point lower from January-June period, according to the National Bureau of Statistics.
China's property investment up 10.2 pct in first 7 months -- China's real estate investment increased 10.2 percent year on year in the first seven months of this year, the National Bureau of Statistics said on August 14. The growth was faster than the 9.7-percent expansion recorded in the January-June period.
China's fixed-asset investment up 5.5 pct in first seven months -- China's fixed-asset investment rose 5.5 percent year on year in the first seven months of the year, down from 6 percent for January-June, data showed on August 14.
China's new yuan loans rise in July -- China's new yuan-denominated loans stood at 1.45 trillion yuan (211 billion U.S. dollars) in July, up 627.8 billion yuan year on year, central bank data showed on August 13. The amount of new yuan loans was down from 1.84 trillion yuan in June, but was generally in line with the monthly average in the first half, about 1.5 trillion yuan.
China's retail sales up 8.8 pct in July -- China's retail sales of consumer goods grew 8.8 percent year on year in July, official data showed on August 14. The growth slightly narrowed from the 9-percent rise seen in June, according to the National Bureau of Statistics (NBS). In the first seven months of this year, retail sales expanded 9.3 percent year on year to reach 21 trillion yuan (about 3 trillion U.S. dollars), compared with 9.4-percent growth in the first half.
China's commercial banks earnings rise in H1-- China's commercial banks saw fast profit growth during the first half of this year, official data showed. Chinese commercial banks made combined net profits of 1.03 trillion yuan (about 150 billion U.S. dollars) in the first six months, up 6.37 percent year on year, data from the China Banking and Insurance Regulatory Commission showed. The growth was 1.55 percentage points slower than the same period last year.
China's farm produce prices continue to climb -- Prices of farm produce in China continued to climb in the week ending Aug. 12, with a rise in the cost of 30 types of vegetables, data from the Ministry of Commerce showed. The price index for farm produce edged up 0.8 percent in the past week, following a 0.2 percent gain in the previous week, while the index for production materials also rose 0.8 percent. The average wholesale price of 30 types of vegetables went up 1.3 percent, compared with a 0.8 percent drop the week earlier.
China's power use up 9 pct in Jan.-July -- China's electricity consumption, a key barometer of economic activity, rose 9 percent year on year in the first seven months of the year, official data showed on August 14. The growth was faster than the 6.9-percent increase recorded in the same period last year, according to the National Development and Reform Commission (NDRC).
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