Economic indicators lower, but resilient

China's major economic indicators weakened slightly in July, but analysts said the trend of stable growth remains and will carry into the second half of the year.

Year-on-year growth of industrial output, investment and retail sales all dropped slightly last month, but employment and exports held up, according to data released by the National Bureau of Statistics on Monday.

Industrial output growth stood at 6.4 percent year-on-year, compared with 7.6 percent in June. Fixed-asset investment growth rose by 8.3 percent in the first seven months, easing from 8.6 percent in the January-June period. And retail sales grew by 10.4 percent in July, down from 11 percent in June.