China's PPI up 4.1 pct in May -- China's producer price index (PPI), which measures costs for industrial goods at the factory gate, rose 4.1 percent year on year in May, the National Bureau of Statistics (NBS) said on June 9. The growth was 0.7 percentage points higher than that in April, as the factory prices of production materials and consumer goods both grew faster year on year.
China's CPI up 1.8 pct in May -- China's consumer price index, a main gauge of inflation, rose 1.8 percent year on year in May, the same as the CPI growth in April, data from the National Bureau of Statistics showed on June 9. NBS statistician Sheng Guoqing attributed the CPI rise in May mainly to the carry-over effects, with new price-rising factors contributing only 0.4 percentage point.
China's fixed-asset investment up 6.1 pct in first five months -- China's fixed-asset investment (FAI) expanded 6.1 percent in the first five months of the year, down from 7 percent for January-April. On a monthly basis, the FAI went up 0.47 percent in May, according to data from the National Bureau of Statistics (NBS). China has a better investment structure and the economy is sound and steady, NBS spokesperson Mao Shengyong told a press conference.
China retail sales up 8.5 pct in May -- China's retail sales of consumer goods grew 8.5 percent year on year to reach 3 trillion yuan (about 475 billion U.S. dollars) in May, official data showed on June 14. The expansion slowed slightly from the 9.4-percent rise seen in April, according to the National Bureau of Statistics. In the first five months, China's retail sales of consumer goods grew 9.5 percent year on year, down 0.2 percentage points from the January-April period.
China's industrial output expands 6.8 pct in May -- China's industrial output expanded 6.8 percent year on year in May, slower than the 7-percent rise in the previous month but still faster than the 6-percent increase in March, official data showed on June 14. In the first five months, industrial output rose 6.9 percent, flat with that of the first four months, said the National Bureau of Statistics.
China's new yuan loans shrink, M2 growth unchanged -- Chinese banks extended 1.15 trillion yuan (about 179.7 billion U.S. dollars) in new yuan-denominated loans in May, edging down from 1.18 trillion yuan in April, central bank data showed on June 14. The figure was 40.5 billion yuan more than the same period last year, the People's Bank of China said in an online statement.
China's foreign trade up 8.8 pct in first five months -- China's goods trade rose 8.8 percent year on year to 11.63 trillion yuan (about 1.82 trillion U.S. dollars) in the first five months, customs data showed on June 8. Exports rose 5.5 percent year on year to 6.14 trillion yuan in the January-May period while imports grew 12.6 percent to 5.49 trillion yuan, resulting in a trade surplus of 649.8 billion yuan, which narrowed by 31 percent, according to the General Administration of Customs (GAC).
Software exports surge to 38bln USD after 9.7pct growth -- China's software exports reached 37.56 billion U.S. dollars in 2017, up 9.7 percent year-on-year, said a report on the digital economy and software exports issued by the Ministry of Commerce on June 12. With a rapid development of global digital economy, digital trade has become an important trade in the digital economy era, the report said. (Source: China Daily)
China's property development investment up 10.2% in Jan-May -- China's investment in property development expanded 10.2 percent year-on-year in the first five months of this year, the National Bureau of Statistics (NBS) said on June 14. The growth was slightly slower than 10.3 percent in the January-April period.
China's unemployment rate drops in May: NBS -- China's surveyed unemployment rate in urban areas stood at 4.8 percent in May, down by 0.1 percentage point compared with April, according to data released by the National Bureau of Statistics (NBS) on June 14. But the year-on-year growth of industrial output，fixed-asset investment and retail sales all fell last month, official data showed. Industrial output growth was 6.8 percent in May, compared with 7 percent in April. (Source: China Daily)
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