BEIJING - Chinese Statistics Bureau spokesman Liu Aihua (Liu Aihua) said in Beijing today that in July this year, China's manufacturing demand was basically stable, the employment rate was stable, the economic structure continued to be optimized, quality and efficiency improved, and economic operation was within a rational framework.
China's statistics bureau today released the main economic data for July. The data shows that the value added of China's large industry increased by 6 % yoy in July. The production index in the service sector increased by 7.6 % yoy. Total retail sales of social consumer goods also increased by 8.8 % in July compared to the same period last year. The unemployment rate in the city was 5.1 %. In addition, fixed asset investment in China increased by 5.5 % year-on-year in the first half of this year.
Liu Aihua pointed out that in July, China's industrial production was stable, the benefits from structural optimization improved, the service industry continued to develop, market sales were generally stable, and increased consumption showed rapid growth. Furthermore, the investment structure continued to improve, and the employment situation also maintained an improving trend. China's economic growth is expected to remain within a rational framework.
(Jiajia)
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