National Bureau of Statistics

Figures point to growth faltering in China

Sluggish numbers

The mainland's trade, inflation and lending data for last month all showed a downward trend and trailed estimates, in more signs that weaker global and domestic demand will test the new leadership's resolve to forgo short-term stimulus for slower, more-sustainable growth.

Monday, 10 June, 2013, 4:19am 1 comment

China manufacturing stronger than expected in May

A textile worker at a factory in Linhai, Zhejiang province. Photo: Reuters

China’s official PMI rose to 50.8 in May from 50.6 in April, data showed on Saturday, beating market expectations and raising optimism that the world’s second-largest economy may be stabilising.

29 Aug 2013 - 4:13am

China to trial tweak in gathering of fixed-asset investment data

Ma Jiantang, chief of the National Bureau of Statistics

The mainland's statistics bureau will test changes to the way it calculates investment in roads, factories and property, as part of efforts to improve the reliability of data.

1 Jun 2013 - 4:19am

Asian markets fall on weak China data, North Korea fears

A pick-up in the yen dragged on Japan’s Nikkei after the US warned Tokyo to avoid competitive devaluation. Photo: EPA

Asian markets slipped on Monday after a disappointing batch of Chinese growth figures, while traders keep a wary eye on the Korean peninsula, where military tensions are high.

A pick-up in the yen dragged on Japan’s Nikkei after the US warned Tokyo to avoid competitive devaluation as the unit faces heavy selling pressure on the back of huge central bank stimulus measures.

29 Aug 2013 - 4:13am

GDP gap in China the size of Guangdong economy

The Three Gorges Dam is located in Hubei province, but the Three Gorges Corporation is based in Beijing. Photo: Reuters

Concerns of statistical fraud have arisen once again after a 5.8 trillion yuan difference was found between China’s national gross domestic product and that of its 31 provinces and administrative regions.

5 Feb 2013 - 5:36pm

Beijing to release own Gini inequality index

Twin sisters rest against a wall in a poor residential area for migrant workers on the outskirts of Beijing. The capital will release an inequality index for last year. Photo: Reuters

Beijing will release its own version of a closely watched international inequality index, state media reported on Sunday, becoming the first Chinese city to announce such a plan.

The official Xinhua news agency, citing a spokesman for the National Bureau of Statistics Beijing survey branch, said the city would release a Gini coefficient for last year.

29 Aug 2013 - 4:13am

Industrial profits down 1.7 per cent

Profit at mainland industrial firms dropped 1.7 per cent year-on-year last month but the decline was less than the previous two months amid Beijing's efforts to shore up the economy with looser monetary policy.

28 Jul 2012 - 12:00am

Home sales jump as economy slackens

The mainland's residential housing sales jumped last month as homebuyers shrugged off property curbs amid expectations that a slowing economy would force the government to ease some of the restrictions.

14 Jul 2012 - 12:00am

GDP growth falls on weak demand

The mainland's economic growth dipped below 8 per cent in the second quarter, the weakest quarterly performance in three years, adding more pressure on the government to stimulate demand.

14 Jul 2012 - 12:00am

Manufacturing drives recovery on mainland

The mainland's official purchasing managers' index (PMI) recorded its fifth consecutive rise last month to its highest in 13 months, in fresh evidence that the nation is recovering from the current economic downturn, caused by credit tightening and slowing export growth.

2 May 2012 - 12:00am

More cities feel the impact of austerity moves

The latest figures on the mainland's property sector suggest that government austerity measures are having an increasing impact, with only two out of 70 cities recording price gains for newly built homes in December, the weakest performance of any month last year.

19 Jan 2012 - 12:00am

Mainland property sales growth slows

Growth in the mainland residential property market is slowing as government cooling measures are starting to have an impact, with residential sales rising 10.2 per cent last year, the slowest in three years.

18 Jan 2012 - 12:00am

Warning of correction as property prices stall

Home prices in about two-thirds of mainland cities remained unchanged or fell last month for a second straight month, prompting warnings from analysts about a possible price correction.

Figures released by the National Bureau of Statistics yesterday showed residential flat prices rose in only 24 of the 70 cities surveyed.

19 Oct 2011 - 12:00am

Employee aids data leak probe

An employee of the National Bureau of Statistics is being investigated on suspicion of leaking national economic data before they were officially released, the bureau's spokesman Sheng Laiyun said yesterday.

The employee works for the bureau's general office's secretary division, Sheng said without elaboration.

15 Jun 2011 - 12:00am

Industrial firms shrug off costs and tight policies as earnings rise 32pc

The profits of mainland industrial firms rose 32 per cent in the first quarter compared with a year ago, suggesting businesses are weathering higher production costs and the government's tightened monetary policies.

Profits rose to 1.06 trillion yuan (HK$1.26 trillion) in the first three months of 2011, the National Bureau of Statistics said on its website yesterday.

28 Apr 2011 - 12:00am