Private sector fixed-asset investment rose 2.3 percent in January-August, compared with 2.1 percent growth in the first seven months of the year. (Reuters)China’s fixed-asset investment growth was unchanged at 8.1 percent in the January-August period, slightly better than market expectations.
Analysts polled by Reuters had predicted investment growth of 8.0 percent.
Private sector fixed-asset investment rose 2.3 percent in January-August, compared with 2.1 percent growth in the first seven months of the year.
Industrial output rose 6.3 percent in August from a year earlier, the National Bureau of Statistics said on Tuesday, surpassing analysts’ estimates for a rise of 6.1 percent after increasing 6.0 percent in July.
Output rose at the fastest pace since March.
Retail sales gained 10.6 percent in August on-year, also beating expectations.
Analysts had forecasted they would rise 10.3 percent after a rise of 10.2 percent the prior month.
China’s economy has stabilised in recent months on the back of increased government spending and a property rebound, but private investment remains weak.