Business activity in China's services sector fell significantly in December to its lowest level since August of 2011, according to results of a survey.
The purchasing managers' index (PMI) for China's non-manufacturing sector dropped to 54.6 percent in December from 56 percent in November.
An HSBC survey showed on Thursday that the final reading of China's manufacturing purchasing managers' index (PMI) stood at 50.5 in December.
The December PMI retreated to 51 from 51.4 in November, the lowest level since August, indicating weaker economic growth momentum amid moderate external demand.
The Purchasing Managers' Index for December retreated to 51 from 51.4 in November, its lowest level since August, indicating weaker economic growth.
China's purchasing managers' index (PMI) for the manufacturing sector dropped to 51 percent in December, down from 51.4 percent for November.
China's local government debt and contingent liabilities ballooned to 17.89 trillion yuan ($2.93 trillion) as of the end of June, according to the long-awaited results of an audit.
China's industrial production growth softened in November, with industrial value-added output expanding 10 percent year on year.
China's retail sales grew 13 percent year on year to 21.13 trillion yuan ($3.48 trillion) in the first eleven months of this year, the NBS said Tuesday.
China's urban fixed-asset investment expanded 19.9 percent year on year to 39.13 trillion yuan ($6.4 trillion) in the January-November period.
Chinese consumers with bank cards showed slightly weaker confidence in consumption in November, according to an index released on Monday.
China's consumer price index (CPI), a main gauge of inflation, grew 3 percent year-on-year in November, down from 3.2 percent in October.
China's producer price index (PPI) contracted 1.4 percent year on year in November, following a 1.5-percent drop in October.
China's manufacturing sector will likely see the slowest expansion in three months in December due to lower output growth, HSBC Holdings Plc said.
China's manufacturing activity expanded in December, but growth slowed to a three-month low, according to HSBC's preliminary PMI.
Based on China's macroeconomic data for November, Bank of America Merrill Lynch has raised its forecast for China's GDP growth in the fourth quarter of 2013 to 7.8 percent.
China's fiscal revenue achieved rapid growth in November, partly due to its stabilizing economy, the Ministry of Finance said Wednesday.
Analysts are issuing their forecasts for China's 2014 outlook. This year, GDP growth is likely to be 7.6 percent, just a touch above the target of 7.5 percent.
China's consumer price index (CPI), a main gauge of inflation, grew 3 percent year-on-year in November, down from 3.2 percent in October.
China's producer price index (PPI) contracted 1.4 percent year on year in November, following a 1.5-percent drop in October.
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