BEIJING, China (CCTV) — China’s economic performance was stable in August, according to data released by the National Bureau of Statistics on Thursday.
The industrial production was as a whole stable, and the added value of above-scale industrial (enterprises with an annual prime operating revenue of 20 million yuan or above) increased 6.0 percent year on year.
This was despite the fact thay growth rate was 0.4 percentage points less than the rate in July.
China’s service industry also grew fairly fast, with the service production index increasing 8.3 percent year on year.
The growth rate remained unchanged from that in July, but is 0.9 percentage points higher than the one a year earlier.
China’s fixed-asset investment grew 7.8 percent year on year in the first eight months of this year, down 0.5 percent compared to the January-July period, according to the data.
Its retail sales of consumer goods grew 10.1 percent year on year.
On a monthly basis, the growth rate was 0.3 percentage points lower than last month.
