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China Q4 growth quickens to 7.9%

The economy's fourth-quarter growth quickened to 7.9 percent on government pro-growth measures. The rate ended a seven-straight-quarter slowdown.

China's industrial output up 10.3% in Dec

In December last year, the value-added industrial output increased 10.3 percent from a year earlier, picking up from 10.1 percent in November, the data showed.

China retail sales growth accelerates

China's retail sales grew 15.2 percent year-on-year in December 2012, accelerating from 14.9 percent in November, the National Bureau of Statistics said Friday.

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

China's fixed asset investment rose 20.6 percent year-on-year to 36.48 trillion yuan ($5.81 trillion) in 2012, the National Bureau of Statistics said Friday.

China's Dec PPI drops 1.9%

China's producer price index, which measures inflation at the wholesale level, fell 1.9 percent year-on year-in December.

China's Dec inflation rises to 2.5%

China's consumer price index, a main gauge of inflation, grew 2.5 percent year-on-year in December, said the National Bureau of Statistics.

China's Dec trade surplus rises to $32b

In December alone, the value of Chinese exports gained 14.1 percent from one year earlier, up from November's unexpectedly-weak 2.9 percent rise. The value of imports rose 6 percent year-on-year last month, improving from November when there was no growth.

New yuan loans down for 3rd month

Chinese lenders extended fewer new yuan loans for the third month in a row in December as non-bank financing continued to become more common, according to central bank data released on Thursday.

China's Dec PMI flat at 50.6%

China's Purchasing Managers' Index for manufacturing sector remained at 50.6 percent in December, flat with the November level.

Major Figures

 

Dec Nov
Price Indexes
CPI

2.5%

2%

PPI

-1.9%

-2.2%

Growth Indexes
GDP  7.9%(Q4)

-

PMI

50.6

50.6

Retail  15.2%

14.2%

Fixed-asset investment   20.6%

20.7%

Industrial output  10.3%

10.1%

Trade Indexes
Export  $199b

$179b

Import  $168b

$160b

Surplus  $32

$20b

Financial Indexes
New loans  $73b

$83b

M2    
FDI    
Other Indexes
Fiscal revenue  

$125b

Home sales (floor space)    
Power consumption    
 

Opinion

Strong internal demand to be country's newest advantage

Since the global financial crisis in 2008, the huge potential for domestic demand in China has become a new engine for a global economic recovery and a driving force for innovation.

Future driver of growth

Vice-Premier Li Keqiang pointed out that urbanization will be the main driver of China's economic growth in the future.

Comment

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