Growth of China's industrial value-added output accelerated to 13.9 percent year-on-year in August from July's 13.4 percent increase, the National Bureau of Statistics (NBS) announced Saturday.

Industrial value-added output measures the final results of industrial production, which is the value of gross industrial output minus intermediate inputs such as raw materials and labor. [Full Story]

Housing prices in China rose at the slowest pace in eight months from a year earlier in August, while the prices on a monthly basis remained unchanged from July, indicating that buyers and sellers are still cautious, industry analysts said.

Property prices in the nation's 70 major cities grew by 9.3 percent in August, the National Bureau of Statistics (NBS) said on Friday. [Full Story]

Trade surplus heads south

China's trade surplus is expected to further narrow for the rest of the year as the pace of imports gathers momentum on the back of robust domestic demand and favorable government policies, analysts said on Friday.

Trade surplus narrowed to $20.03 billion in August, as imports rose by 35.2 percent to $119.27 billion, much faster than July's 22.7 percent growth, according to the General Administration of Customs. [Full Story]

China's August CPI rises 3.5%

China's consumer price index (CPI), a main gauge of inflation, rose 3.5 percent year-on-year in August, the National Bureau of Statistics announced Saturday. [Full Story]

China's PPI up 4.3% in August

China's producer price index (PPI), a major measure of inflation at the wholesale level, rose 4.3 percent in August from a year earlier, the National Bureau of Statistics announced Saturday. [Full Story]

China's PMI of manufacturing sector rises to 51.7% in Aug

The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 51.7 percent in August, up 0.5 percentage points from July. [Full Story]

China fixed-asset investment up 24.8% in first eight months

China's fixed assets investment reached 14.1 trillion yuan ($2.1 billion) in the first eight months this year, a year-on-year increase of 24.8 percent, according to a report released here by the National Bureau of Statistics. [Full Story]

China's August new lending expands to 545.2b yuan

China's new yuan-denominated lending in August rose to 545.2 billion yuan ($80.53 billion) from 532.8 billion in July, the People's Bank of China (PBOC), the central bank, said in a statement. [Full Story]

China's fiscal revenue up 7.3% in August

China's fiscal revenue stood at 561.94 billion yuan ($82.6 billion) in August, up 7.3 percent from a year earlier, the Ministry of Finance announced Friday.

For the first eight months this year, the fiscal revenue rose 23.6 percent year-on-year to 5.68 trillion yuan, the ministry said. [Full Story]

China's retail sales of consumer goods in August hit 1,257 billion yuan, up 18.4 percent year-on-year, according to a report released Saturday by the National Bureau of Statistics (NBS). [Full Story]

China's August FDI hits $7.602b

The amount of foreign direct investment (FDI) China recieved in August rose by 1.38 percent to $7.602 billion, said Yao Jian, spokesman with the Ministry of Commerce (MOC). [Full story]

Klaus Schwab, founder and executive chairman

Recovery strength seen in China's economy

The world economy has good chances of avoiding a double dip recession and the Chinese economy could expand by about 10 percent this year, said Klaus Schwab, founder and executive chairman of the World Economic Forum. [Full Story]

Justin Yifu Lin, chief economist and senior vice president of the World Bank, said here on Sunday that China's economy is doing well.
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World Bank President Robert Zoellick

Domestic consumption 'key to solve trade rows'

Economic "rebalancing", shifting from export-driven growth to one led by domestic consumption, offers one of the best ways for China to ease trade friction with the US, the World Bank president told China Daily on Sunday. [Full Story]

Commerce Minister Chen Deming

China to see small trade surplus in 2010: Commerce Minister

China's foreign trade surplus was approximately $84 billion from Jan to July, down 20 percent year on year, and the year 2010 is expected to see a small trade surplus, said Commerce Minister Chen Deming on Tuesday.[Full Story]

New trade protection measures adopted by developed countries like the United States against China will not only sour bilateral relations but also hamper global recovery, said Supachai Panitchpakdi, secretary-general of the United Nations Conference on Trade and Development (UNCTAD). [Full Story]

Robert Greenhill, managing director and chief business officer of World Economic Forum, spoke to China Daily in an interview right after the Global Competitiveness Report 2010-2011 was released Thursday. [Full Story]