China's Q1 GDP growth slows to 7.7%

    China's gross domestic product growth slowed to 7.7 percent in the first quarter but was still above the 7.5 percent full-year target.

    China's Q1 fiscal revenue rises 6.9%

    China's fiscal revenue grew 6.9 percent year-on-year to 3.2 trillion yuan ($513 billion) in the first quarter.

    China's Q1 industrial output growth slows to 9.5%

    China's industrial value-added output rose 9.5 percent year-on-year in the first quarter, down 2.1 percentage points from the same period last year.

    China's retail sales up 12.4% in Q1

    China's retail sales grew 12.4 percent year-on-year to 5.5451 trillion yuan ($887.22 billion) in the first quarter of this year, down 2.4 percentage points year-on-year.

    China's Q1 fixed-asset investment up 20.9%

    China's urban fixed asset investment rose 20.9 percent year on year to 5.8092 trillion yuan ($929.47 billion) in the first quarter of 2013, at a same pace year-on-year.

    China's new loans rise in Q1

    China's new yuan-denominated lending stood at 2.76 trillion yuan ($441 billion) in the first quarter, up 294.9 billion yuan year-on-year.

    China's March exports rise 10%

    China's exports increased 10 percent year-on-year in March, and imports rose 14.1 percent, the General Administration of Customs said Wednesday.

    China's inflation drops to 2.1% in March

    China's consumer price index, a main gauge of inflation, grew 2.1 percent year on year in March, dropping from 3.2 percent in February.

    China's March PPI down 1.9%

    China's producer price index, which measures inflation at the wholesale level, fell 1.9 percent year on year in March.

    Major Figures

     

    Feb March
    Price Indexes
    CPI

    3.2%

    2.1%

    PPI

    -1.6%

    -1.9%

    Growth Indexes
    GDP

     -

    7.7% (Q1)

    PMI

    50.1

    50.9

    Retail  12.3%

    12.6% 

    Fixed-asset investment   21.2%

    20.9% 

    Industrial output  9.9%

     8.9%

    Trade Indexes
    Export  $139b

     $182.2b 

    Import  $124b

    $183.1b

    Surplus  $15.2b

    -$0.88b 

    Financial Indexes
    New loans  

    1.06t yuan 

    M2    103.6t yuan
    FDI    $12.42
    Other Indexes
    Fiscal revenue  

    960.8b yuan 

    Home sales (floor space)    
    Power consumption    414bkWh
     

    Opinion

    Foreign trade prospects

    Despite a recent export and import recovery, China still needs to improve the quality of its exports as a way to boost its struggling foreign trade.

    Reflect on home prices

    The strong rise in house prices in March is not surprising as the latest price control measures prompted buyers to buy rather than wait.

    Comment

    Please leave your comment here.

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