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China's top securities regulator said on Wednesday that it will maintain a regular pace of approving initial public offerings to help companies raise funds and allow the capital market to better serve the economy.
China's private firms reported faster trade growth, expanding at 11 percent year-on-year to reach 3.9 trillion yuan during this period, GAC data showed.
China's retail sales of consumer goods grew 10.4 percent year-on-year in the first half of the year to 17.24 trillion yuan. This pace was slightly faster than the 10 percent for the first quarter, the National Bureau of Statistics said.
China's retail sales of consumer goods climbed 4.3 percent year-on-year to 3.86 trillion yuan (about 4.5 billion) last month, according to the National Bureau of Statistics.
China's service sector and consumption will remain the major driving forces for growth, although their contribution to growth decelerated in the first half of this year, the bank said.
来源：资阳报