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China's investment in property development grew 10.3 percent year on year in the first 10 months of 2019 to 10.96 trillion yuan, according to the National Bureau of Statistics.
China's consumption of steel products is expected to grow marginally next year, after hitting a record this year, said a new report from the Beijing-based China Metallurgical Industry Planning and Research Institute.
China's economy will continue to grow steadily amid restructuring, with consumption making more contributions to GDP. As the central government is dedicated to further open up the markets, the impact of trade frictions on the larger economy will likely be subdued. So, the A-share market is likely to pick up, MSHF analysts argued in their note.
China's foreign trade will maintain stable growth this year thanks to its reliable supply chains, efficient manufacturing operation and major trading partners' better-than-expected economic performance, officials and analysts said on Monday.
China's new yuan loans rose to more than 12 trillion yuan during the first six months of this year, up 2.42 trillion yuan year-on-year, according to data from China's central bank, the People's Bank of China.
来源：资阳报