Growth indicators for August improve

China has no worry of falling into a state of stagflation - economic growth stagnation plus high inflation - amid improving growth-related indicators in August, the National Bureau of Statistics said on Friday.

"(The state of) stagflation is nonexistent," said Mao Shengyong, spokesman for the NBS, after the bureau released growth-related data for August that was better than expected.

China's economic fundamentals remained sound as indicators such as industrial output and retail sales growth picked up in August, the NBS data showed.