Key takeaways
Here are some macro-economic highlights:
- GDP growth increased by 7.9% in Q2 and 12.7% in H1
- Total fixed asset investment reached 25.59 trillion yuan and increasing by 12.6%
- Total real estate investment increased by 15.0% and reached 7.22 trillion yuan
- PMI dropped to 50.9% in June, but still remained above the threshold of 50%
- The growth of industrial added values increased by 15.9% in H1
- Total retail sales of consumer goods increased by 23.0% to 21.19 trillion yuan in H1
- Imports and exports increased by 27.1% and reached 18.07 trillion yuan in H1
- PPI rose significantly in Q2 and hit a new high whereas CPI remained stable
