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BEIJING - China's national observatory maintained its blue alert Tuesday, after a cold front hit parts of central and east China.
BEIJING - Chinese Premier Li Keqiang will pay official visits to Bulgaria and Germany and attend the seventh leaders' meeting of China and the Central and Eastern European countries (CEEC) in Sofia and hold the fifth round of intergovernmental consultations between China and Germany from July 5 to 10, Vice Foreign Minister Wang Chao said at a press briefing on Friday.
BEIJING - China's iron and steel industry reported business revenue growth of 8.9 percent year-on-year in the first eight months, official data showed.
BEIJING - Investment in China's property sector maintained steady growth in the first eight months of 2017, with sales continuing to slow due to government curbs, official data showed Thursday. Real estate investment rose 7.9 percent year on year in January-August, unchanged from the growth in the first seven months, according to the National Bureau of Statistics (NBS). Investment for residential properties went up 10.1 percent year on year, accounting for 68.3 percent of investment in the sector. With a slew of government restrictions to prevent speculation, property sales continued to cool. In terms of floor area, property sales gained 12.7 percent, retreating 1.3 percentage points from January-July. By the end of August, 623.5 million square meters of property remained unsold, down by 11.4 million square meters from a month earlier. China has been stepping up efforts to rein in property speculation this year after rocketing housing prices fueled asset bubble concerns, particularly in major cities. Dozens of local governments have passed or expanded restrictions on house purchases and increased the minimum downpayments required for mortgages. The boom was also cooled by tightening liquidity. While the central bank has left benchmark interest rates on hold, it has used diversified monetary tools to ensure liquidity and guide interbank market rates higher. Of 70 cities surveyed in July, the pace of new home price growth slowed in 15 major cities compared with the same month last year. On a month-on-month basis, new home prices fell or remained flat in 14 cities in July, up from 10 in June.
BEIJING - China's automobile imports and exports continued to rebound in August by gaining 9.2 percent month-on-month, according to data provided by the China Association of Automobile Manufacturers (CAAM).
来源：资阳报