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China's producer price index, which measures costs for goods at the factory gate, dropped 0.8 percent year on year in August.
China's stock market withstood another round of overseas sell-offs on Thursday, pointing to growing market resilience against the current global financial turmoil, analysts said. [Photo/Sipa]
Chinese State Councilor and Foreign Minister Wang Yi (L) meets with South African President Cyril Ramaphosa (R) in Pretoria, South Africa, June 3, 2018. China and South Africa on Sunday agreed to further strengthen bilateral cooperation in face of a complex and changing international landscape. [Photo/Xinhua]
China's plan to ease restrictions on stakes foreign carmakers can own in joint ventures with local partners and reduce automobile import tariffs will encourage competition in the domestic market and benefit consumers, experts said.
China's retail sales of consumer goods, a major indicator of consumption growth, expanded for the first time this year, the Chinese National Bureau of Statistics said Tuesday.