FDI falls for sixth month

Foreign direct investment into China fell for a sixth straight month in April amid global economic woes.

FDI edged down 0.74 percent year-on-year to $8.4 billion in April, following a 6.1 percent drop in March, 0.9 percent decline in February and 0.3 percent fall in January, the Ministry of Commerce said Tuesday.

China's new yuan lending drops in April

China's new yuan-denominated loans reached 681.8 billion yuan ($108.2 billion) in April, down 61.2 billion yuan, the central bank said Friday.

The figure was down from 1.01 trillion yuan in March, 710.7 billion yuan in February and 738 billion yuan in January, according to the People's Bank of China.

China's April fiscal revenue rises 6.9%

China's fiscal revenue rose 6.9 percent year-on-year in April to 1.08 trillion yuan ($171.02 billion), the Ministry of Finance said on Friday.

China's home sales drop in Jan to April

Sales of commercial housing units fell 11.8 percent Y-O-Y to reach $197 billion in value in the first four months of this year, the NBS said Friday.

As the property market remains weak, investment in real estate development in the January-April period increased 18.7 percent from a year ago to 1.58 trillion yuan, slowing 4.8 percentage points from the January-March period.

Fixed-asset investment up 20.2%

China's urban fixed-asset investment rose 20.2 percent year-on-year to $1.2 trillion in the first four months of this year, the NBS said Friday.

Investment in property development increased 18.7 percent from a year earlier, the NBS said.

Industrial output up 9.3% in April

China's industrial value-added output grew 9.3 percent year-on-year in April after adjusted by inflation, the NBS said Friday.

China's retail sales up 14.1% in April

China's retail sales grew 14.1 percent year-on-year to 1.56 trillion yuan ($247.8 billion) in April, the NBS said Friday.

After deducting inflation, retail sales growth in real terms was 10.7 percent in April and on a monthly basis, sales went up 1.13 percent.

China PPI down 0.7% in April

China's PPI, a main gauge of inflation at the wholesale level, fell 0.7 percent in April from a year earlier, NBS said Friday.

The data marked another month of year-on-year decline after China's PPI saw a drop in March for the first time since December 2009, NBS data showed.

China's inflation eases to 3.4% in April

China's consumer price index, a main gauge of inflation, rose 3.4 percent year-on-year in April, the National Bureau of Statistics said Friday

The growth eased slightly from the 3.6-percent rate registered in March.

Major Figures

CPI

+3.4

+3.6%

Indexes April March
Price Indexes
PPI

-0.7

-0.3%

Growth Indexes
GDP  

+8.1% in Q1

PMI

53.3

53.1

Retail

+14.1%

+15.2

Fixed-asset investment

+20.2%

+20.9%

Industrial output

+9.3%

+11.9%

Trade Indexes
Export

$163b

$166b

Import

$145b

$160b

Surplus

$18.4b

$5.4b

Financial Indexes
New loans

682b yuan

1.01t yuan

M2  

89.56t yuan

FDI  $8.4b

$11.76b

Other Indexes
Fiscal revenue

+6.9%

+18.7%

Home sales

-11.8%

 
Power consumption 389.9b kWh  
 

Opinion

Unprecedented endeavor

China maintains economic growth within the existing international system and the US benefits from China's development.

Fast forward momentum

The advancement and deepening of relations between China and Russia has benefited from meticulous care and attention given them by leaders of both countries.

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