China's economy expanded by 9.6 percent year-on-year in the first half of 2011, the National Bureau of Statistics (NBS) said Wednesday.
Special:
China Economy by Numbers-June
More:
CPI up 5.4%
Industrial output up 14.3%
FAI up 25.6%
Retail sales up 16.8%
Analysis:
Forex hike suggests influx of 'hot money'
US-based Citibank established a new sub-branch in Chengdu, Southwest China's Sichuan province, on Wednesday.
The Chinese government announced a new fiscal support policy that will increase the country's supply of live pigs, which is expected to drive down pork prices and ease inflation worries.
China's economic growth rate is decelerating, and many officials and analysts believe the moderation is healthy and will not lead to a hard landing.
China's GDP growth rate slows to 9.5 percent in the second quarter of the year from the 9.7 percent growth posted in the first quarter, the National Bureau of Statistics said Wednesday.
China's consumer price index (CPI), the main gauge of inflation, rose 5.4 percent year-on-year in the first half of this year, the National Bureau of Statistics said Wednesday.
A new oil leak was reported in Bohai Bay, the third since June. The leak occurred at the Suizhong 36-1 oilfield at 1:30 am on Tuesday due to a malfunction at the central control system.
China's foreign exchange reserves rose by a faster-than-expected 30.3 percent year-on-year by the end of June to reach $3.2 trillion.
China's gold output for the first five months of this year rose 3.67 percent year-on-year to hit 132.02 metric tons.
A senior Chinese oceanic expert has urged strict safety checks of seafood caught in the country's northern Bohai Bay, part of which was polluted by two oil spills last month. Latest: Oil spill under control
Taiwan smartphone maker HTC Corp. Tuesday denied it was infringing on the patents of Apple Inc., following a new complaint by Apple to the U.S. International Trade Commission (ITC).
China's foreign exchange reserves rose 30.3 percent year-on-year to hit $3.1975 trillion by the end of June, the People's Bank of China (PBOC), or the central bank, said Tuesday.