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China July industrial output up 14% year-on-year; consumption strong

08-10-2011 08:46 BJT Special Report:China’s Economic Data for July |

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Inflation was the most anticipated, but let's take a look at some other major figures released Tuesday, indicating a mixed picture for China' economy.

China's industrial output in July rose 14 percent compared to the same period last year, down slightly from June. Over the first seven months of the year, it expanded by a total of 14.3 percent.

Meanwhile, China's fixed asset investments from January to July increased over 25 percent year-on-year.

Investments in the property market jumped by over a third.

And rounding it out, consumption was strong, with total retail sales rising nearly 20 percent year on year.

A garment factory in Huaibei, China. (Woo He, European Pressphoto Agency)

 

 

Editor:Li Wanran |Source: CNTV.CN

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