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          China's retail sales up 12.8% in April

          China's retail sales grew 12.8 percent year-on-year to 1.76 trillion yuan ($283.4 billion) in April, the National Bureau of Statistics announced Monday.

          China's fiscal revenue rises 6.1% in April

          China's fiscal revenue grew 6.1 percent year-on-year to 1.14 trillion yuan ($183.66 billion) in April, according to data released Monday by the Ministry of Finance.

          China's fixed-asset investment up 20.6% in Jan-April

          China's urban fixed asset investment growth accelerated 20.6 percent year on year to 9.13 trillion yuan ($147.29 billion) in the first four months of the year.

          China's industrial output up 9.3% in April

          China's industrial value-added output rose 9.3 percent year-on-year in April, the National Bureau of Statistics said Monday.

          China's April new loans drop

          China's new yuan-denominated lending dropped to 792.9 billion yuan in April, down from 1.06 trillion yuan in March.

          China's April PPI down 2.6%

          China's producer price index (PPI), which measures inflation at the wholesale level, fell 2.6 percent year on year in April.

          China's inflation rises to 2.4% in April

          China's consumer price index grew 2.4 percent year on year in April, up from 2.1 percent in March, the National Bureau of Statistics said Thursday.

          China's export rises 14.7% in April

          China's exports increased 14.7 percent year on year in April, while import surges 16.8 percent, the General Administration of Customs said Wednesday.

          China's manufacturing PMI drops in April

          China's Purchasing Managers' Index for the manufacturing sector fell to 50.6 percent in April from 50.9 percent in March, the CFLP said on Wednesday.

          Major Figures

           

          April March
          Price Indexes
          CPI

           2.4%

          2.1%

          PPI

          -2.6% 

          -1.9%

          Growth Indexes
          GDP

           -

          7.7% (Q1)

          PMI

          50.6

          50.9

          Retail  12.8%

          12.6% 

          Fixed-asset investment   20.6%

          20.9% 

          Industrial output  9.3%

           8.9%

          Trade Indexes
          Export  $187b

           $182.2b 

          Import  $169b

          $183.1b

          Surplus  $18.2b

          -$0.88b 

          Financial Indexes
          New loans

           792.9b yuan

          1.06t yuan 

          M2  103.3t yuan  103.6t yuan
          FDI  $8.44t  $12.42t
          Other Indexes
          Fiscal revenue  1.14t yuan

          960.8b yuan 

          Home sales (floor space)    
          Power consumption    414bkWh
           

          Opinion

          Overcoming growing pains

          The government will maintain a proactive fiscal policy and a prudent monetary policy due to the country's slower economic growth.

          New growth model, new FDI scopes

          During the past three decades, China's growth was predicated on investment and net exports. In the future, it will be driven increasingly by consumption.

          Comment

          Please leave your comment here.

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