Growth in fiscal revenue at all levels of government continued rising in July, but realizing the full-year target will be an arduous task amid an economic slowdown and pending tax cuts.
China's urban fixed-asset investment grew 20.1 percent year on year in the first seven months, staying flat from the figure for the first half.
China's nominal retail sales grew 13.2 percent year-on-year in July to 1.85 trillion yuan, the National Bureau of Statistics announced on Friday.
The growth of China's industrial output picked up in July, with industrial value-added output expanding 9.7 percent year on year.
China's producer price index (PPI) fell 2.3 percent year-on-year in July, indicating weak market demand amid a protracted economic slowdown.
China's consumer price index, a main gauge of inflation, grew 2.7 percent year on year in July, staying flat from the figure for June.
PPI fell 2.3%
China's industrial output growth picks up in July
China's July retail sales rise 13.2%
China's fixed-asset investment up 20.1%
China's official Purchasing Managers' Index for the manufacturing sector picked up slightly to 50.3 in July from 50.1 in June, signaling a stabilizing trend in the country's economy.
Chinese manufacturing sprang back in August at a faster-than-expected speed, indicated by a four-month high in the HSBC Holdings PMI.
China's outbound direct investment in the non-financial sector gained by 20 percent year-on-year to $50.6 billion during the first seven months of the year.
Prices of both new and existing homes continued to rise in most Chinese cities in July, according to official data released on Sunday.
The purchasing managers index (PMI) for China's non-manufacturing sector stood at 54.1 percent in July, up from 53.9 percent for June.
Electricity consumption in China, a common indicator of economic activity, rose 8.8 percent year-on-year to 495 terawatt-hours in July.
China's upbeat economic data in July eased fears the economy might further dip, and lays the ground for Premier Li to focus on revamping the model.
Having experienced rapid development for more than three decades, the most important task is economic structural adjustment.