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China's June consumer price index rose by 1.5 percent year-on-year, in line with market expectations, the National Statistics Bureau said on Monday. The producer price index, which gauges factory-gate prices, rose by 5.5 percent in June from a year earlier.
China's auto market, hit by COVID-19, began to recover in April thanks to unleashed pent-up demand and supportive policies, with sales rising by 4.4 percent year-on-year, which ended the contraction streak over the previous 21 months, according to CAAM.
China's NEV sales went up at the end of 2019 after almost a year of slowdown, reaching a 71.4-percent growth month on month in December, according to the China Association of Automobile Manufacturers.
China's CATL will invest 19.07 billion yuan (.75 billion) in businesses in the upstream and downstream sectors to recover its competitive edge, the company said last week. The announcement comes two months after it lost the crown of the world's largest power battery maker to LG Chem.
China's Hushen 300 Index futures closed lower on Monday, with the contract for February 2018 down 0.15 percent to finish at 4,264.0 points; the March contract losing 0.25 percent to close at 4,267.6 points; the June contract down 0.44 percent to finish at 4,286.4 points, and the September contract down 0.48 percent to finish at 4,291.6 points.
来源：资阳报