According to the figures released by China's National Bureau of Statistics on August 11, the country's total urban fixed assets investment for the January-July period of the current year totaled RMB 9.5392 trillion ($1.3967 trillion), up 32.9 percent compared with the same period last year. The growth rate was 5.6 percentage points higher than the same period of last year, but down 0.7 of a percentage point compared with the growth registered in the first six months of 2009.
In addition, China's retail sales in July rose 15.2 percent to RMB 993.7 billion ($145.5 billion), with the increase rate in question indicating a decline of 8.1 percentage points year on year.
In the same month, China's overall consumer price index (CPI) slipped by 1.8 percent year on year, while China's producer price index (PPI) for industrial products in the month of July decreased 8.2 percent from a year earlier.