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Major Macro Economic Statistics | ||
| Growth indexes | Price indexes | ||
| Industrial output: 13.4% | CPI: 5.3% | ||
| Retail sales: 17.1% | PPI: 6.8% | ||
| Urban fixed-asset investment: 25.4% | PMI: 53.4% | ||
| Housing prices | |||
| FDI: 26.03% | Foreign trade indexes | ||
| Financial indexes | Import: $144.3 billion | ||
| New loans: 740b yuan | Export: $155.7 billion | ||
| M2: 15.3% | Trade balance: $11.42 billion | ||
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Data and Graphic | |||
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China's April CPI up 5.3% China's consumer price index (CPI), a main gauge of inflation, rose 5.3 percent in April from a year ago, the National Bureau of Statistics (NBS) said on Wednesday. The April figure was down 0.1 percentage points from March's 32-month high of 5.4 percent, according to the NBS. [Full story] | ||
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China's April PPI up 6.8% China's producer price index (PPI), a main gauge of inflation at the wholesale level, rose 6.8 percent in April from a year ago, down 0.5 percentage points from March. [Full story] | ||
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China's industrial value-added output rises 13.4% in April China's industrial value-added output rose 13.4 percent year on year in April, down from March's 14.8-percent growth, the National Bureau of Statistics (NBS) said Wednesday. For the first four months of this year industrial value-added output increased 14.2 percent, down 0.2 percentage points from the January-March period, NBS spokesman Sheng Laiyun said at a press conference.[Full story]
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China's fixed asset investment up 25.4% in first four months China's fixed asset investment rose 25.4 percent year on year in the first four months to reach 6.2716 trillion yuan ($965.6 billion), the National Bureau of Statistics (NBS) announced Wednesday. Investment in April accelerated, pushing investment growth during the first four months 0.4 percentage points higher than that during the first quarter. [Full story] | ||
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China's retail sales of consumer goods up 17.1% China's consumer spending continued to grow strongly as retail sales of consumer goods rose 17.1 percent in April from a year ago, the statistics authorities announced Wednesday. In April, China's retail sales totaled 1.36 trillion yuan ($210.2 billion), 1.35 percent higher than March, according to figures released by the National Bureau of Statistics (NBS).[Full story] | ||
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China reports bigger trade surplus China's trade surplus for April widened to $11.42 billion from $139 million in March The advance came as the nation's exports soared because of robust growth, while commodity imports slowed, according to the General Administration of Customs. The authorities announced on Tuesday that April exports rose 29.9 percent from a year earlier to $155.7 billion, and imports increased by 21.8 percent to $144.3 billion. [Full story] | ||
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China's April new bank lending at 740b yuan China's new bank lending, an important indicator of monetary policy, stood at 739.6 billion yuan ($113.8 billion) in April, a decrease of 20.8 billion yuan from a year earlier, the People's Bank of China said on Wednesday. By the end of April, the balance of outstanding yuan-denominated loans stood at 50.21 trillion yuan, up 17.5 percent from a year earlier. [Full story] | ||
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China's fiscal revenue rises 27% in April China's Ministry of Finance said on Wednesday that the country's fiscal revenue rose 27.2 percent year-on-year to 1 trillion yuan ($154 billion) in April. The growth rate climbed slightly from 26.7 percent in March, but eased from the 36 percent increase in the first two months of this year when surging imports boosted fiscal revenue, the ministry said in a statement on its website.[Full story] | ||
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FDI rises 26% in China in first 4 months Foreign direct investment (FDI) in China rose 26.03 percent year on year to $38.8 billion during the first four months of this year, the Ministry of Commerce said on Tuesday. In April, the FDI climbed 15.21 percent to $8.46 billion, down from March's growth of 32.9 percent, MOC spokesman Yao Jian said during a regular briefing. [Full Story] | ||
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Comments and Opinions | |||
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Eklund made the comment in an exclusive interview with Xinhua during the break of a seminar moderated by him and organized by China Alliance in Stockholm on Tuesday. "I think the inflation problem is mainly short term, if you look at the numbers it is mainly food prices. But I think food prices will start to come down during the spring and the summer, so the short term inflation will come down as well," Eklund said. [Full story] | |||
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WASHINGTON – China's new security review of foreign direct investment, which began in April, is "open, fair and transparent", Chen Deming, Chinese minister of commerce, told the media on Monday on the sideline of the 3rd Strategic and Economic Dialogue. China is not raising the bar or setting barriers for foreign businesses investing in China, Chen said. China adopted the new security review regime so as to safeguard the country's national security. China "looks at the US as a teacher", as far as ensuring national security is concerned, Chen said. [Full story] | |||
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Crucial period for economy China's slowed economic pace in the first quarter, as indicated by a slight decline in its investment, export and consumption growth, is a combined result of the country's changed internal and external economic circumstances as well as its ongoing policy adjustments and economic structural rebalancing. It is also the result of some congenital defects in the country's internal economic development and a "bottleneck" effect. [Full story] | |||
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Opening the door to ODI The surge in China's foreign exchange reserves, to a record more than $3 trillion by the end of March, has made it urgent for Beijing to encourage domestic companies to invest more abroad. Such a growing outflow of Chinese investment would give a much-needed boost to many recipient economies if they can overcome their unjustified bias and take it as a joint commitment to a common future. As a major beneficiary of foreign direct investment (FDI), China believes that much of its growth can be unequivocally credited to the $1-trillion of foreign funds it has absorbed over the past three decades. [Full story] | |||
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Costs of price control The fast fall in vegetable prices must be what Chinese policymakers have long anticipated in their fight against soaring consumer inflation. But sadly, as the recent suicide of a cabbage grower Han Jin in Shandong province shows, it is proving too dear for many Chinese farmers. The Ministry of Commerce and the Ministry of Agriculture are right to take immediate action to help farmers facing an oversupply of vegetables. [Full story]
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