China's non-manufacturing sector holds steady in November-- China's non-manufacturing sector held steady in November, official data showed on November 30. The purchasing managers' index for the sector came in at 53.4 in November, down from 53.9 in October, the National Bureau of Statistics (NBS) said.A reading above 50 indicates expansion, while a reading below reflects contraction.
China's freight volume continues rapid growth in October -- China's freight volume, an indicator of economic activity, continued to grow rapidly in October, according to official data.Freight volume in October grew 9.5 percent year on year to stand at 4.62 billion tonnes, the Ministry of Transport (MOT) said.The pace of growth accelerated from a rise of 7 percent in the first three quarters.
China QFII quota edges up to 100.56 bln USD -- Some 286 overseas institutions have received quotas amounting to 100.56 billion U.S. dollars in the end of November under China's Qualified Foreign Institutional Investors (QFII) program, up 300 million U.S. dollars from the end of October, official data showed.As of the end of November, the quota in the RMB Qualified Foreign Institutional Investors (RQFII) program came in at 642.67 billion yuan (about 92.56 billion U.S. dollars), according to the State Administration of Foreign Exchange.
China's trade volume surpasses 2017 total -- China's total imports and exports between January and the middle of November this year surpassed the whole trade volume of 2017, customs data showed on December 1. The General Administration of Customs (GAC) did not release detailed figures but said the volume was nearly 15 percent higher than the same period of 2017.The country's total foreign trade amounted to 27.79 trillion yuan (about 4 trillion U.S. dollars) in 2017, a rise of 14.2 percent from 2016.
China's overseas portfolio investment up by June -- The Chinese mainland's overseas portfolio investment continued to rise in the first half of the year, with Hong Kong still the prime destination, according to official data.At the end of June, the mainland's overseas portfolio investment assets (excluding reserve assets) amounted to 518.3 billion U.S. dollars, up from 497.7 billion dollars at the end of 2017, according to the State Administration of Foreign Exchange.
China's industrial robot output up 8.7 pct in Jan-Oct -- China's industrial robot output increased 8.7 percent year-on-year in the first 10 months of 2018, slower than the 9.3-percent growth for the January-September period, according to official data.A total of 118,452 units of industrial robots were manufactured January-October, according to the Ministry of Industry and Information Technology (MIIT).
China's non-ferrous metal output up 5.5 pct in October -- China's output of 10 major non-ferrous metals rose 5.5 percent year on year in October, according to new data.The rise was in contrast to a 3.3-percent drop for the same month of 2017, the National Development and Reform Commission said in a statement.In the first 10 months, combined production rose 4.4 percent to 44.79 million tonnes, 1 percentage point faster than the same period last year.
China's crude oil output edges up in October -- China's crude oil output edged up 0.3 percent year on year in October, data from the National Development and Reform Commission showed.Crude oil output came in at 16.09 million tonnes in October, while the country refined 52.78 million tonnes of crude oil, up 4.6 percent year on year.
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