China’s fixed-asset investment growth was unchanged at 8.1 per cent in the January-August period, slightly better than market expectations.
Analysts polled by Reuters had predicted investment growth of 8.0 per cent.
Private sector fixed-asset investment rose 2.1 percent in January-August, unchanged from the first seven months of the year.
Industrial output rose 6.3 per cent in August from a year earlier, the National Bureau of Statistics said on Tuesday, surpassing analysts’ estimates for a rise of 6.1 percent after increasing 6.0 percent in July. Output rose at the fastest pace since March.
Retail sales gained 10.6 per cent in August on-year, also beating expectations.
Analysts had forecast they would rise 10.3 per cent after a rise of 10.2 per cent the prior month.
China’s economy has stabilised in recent months on the back of increased government spending and a property rebound, but private investment remains weak.