NBS - Chinese major cities see 9.1% increase in property prices

Property prices in 70 major Chinese cities rose 9.1 percent year on year in September, the lowest growth rate so far this year, the National Bureau of Statistics (NBS) said Friday. The rate was down 0.2 percentage points from the 9.3-percent increase in August, but prices were up 0.5 percent month on month, a statement on the NBS website said. New home prices climbed 11.3 percent year on year in September, up 0.5 percent from August. Prices for second-hand homes were up 6.2 percent from a year earlier, a rise of 0.5 percent from August. Real estate investment continued to

Retail in China is bouyant, sales of consumer goods up 18.6%

China's retail sales of consumer goods grew 18.6 percent in October year on year, the National Bureau of Statistics (NBS) said Thursday. Retail sales of consumer goods stood at 1.43 trillion yuan (215.79 billion U.S. dollars) in October and the growth rate was 0.2 percentage points lower than that in September, the NBS spokesman Sheng Laiyun said at a press conference. Retail sales of consumer goods in the January-October period reached 12.53 trillion yuan, up 18.3 percent from the same period last year. The growth rate in the January-October period was similar to

Property prices in China's major cities up 0.3% in Nov

People look at building models at an exhibition in Fuzhou, east China's Fujian Province.   Property prices in 70 major Chinese cities rose 0.3 percent in November month on month and 7.7 percent year on year, the National Bureau of Statistics (NBS) said Friday. November was the third consecutive month prices rose, after a 0.2-percent rise in October and a 0.5-percent gain in September. The annualized growth rate, down from an 8.6 percent increase in October, fell for the seventh consecutive month after the government in April began stepping up controls to curb

China's November CPI up 5.1% to hit 28-month high

Citizens look at price tags in a supermarket in Hangzhou, capital of east China's Zhejiang Province, Dec. 11, 2010. China's consumer price index (CPI), a major gauge of inflation, rose to a 28-month high of 5.1 percent in November, the National Bureau of Statistics (NBS) said Saturday.    China's consumer price index (CPI), a major gauge of inflation, rose to a 28-month high of 5.1 percent in November, the National Bureau of Statistics (NBS) said Saturday. The growth rate picked up from 4.4 percent in October, according to the NBS. An 11.7 percent surge in

Chinese citizens' satisfaction with price levels hits 11-year low

The proportion of Chinese citizens satisfied with price levels has sunk to an 11-year low despite government efforts to rein in prices, the People's Bank of China, China's central bank, said Wednesday. The central bank conducted the 20,000-respondent survey during the fourth quarter in 50 cities across China. The Residents' Price Satisfaction Index fell to 13.8 percent - the lowest since the fourth quarter of 1999, when the quarterly survey began - according to a statement published on the PBOC website. Some 73.9 percent of respondents said current prices are "too

NBS: China to reform method of calculating house prices in 2011

China will carry out the House Sale Price Statistical Scheme in 2011, after soliciting opinions via the internet earlier this year, said Ma Jiantang, head of the National Bureau of Statistics (NBS) on Thursday. Ma made the remarks at a national statistics work conference, saying the bureau had accepted suggestions from various departments and experts and would work steadily reform the method of calculating the country's house sale prices in 2011. "We'll further work with real estate departments, make full use of their network data, and check the authenticity of the data

NBS:China's business climate index rises to 3-year high of 138 in Q4,2010

China's business climate index, a major measure of the macroeconomic outlook, rose to a three-year high of 138 in the fourth quarter of 2010, indicating economic expansion despite tightening credit, the National Bureau of Statistics (NBS) said on Friday. The quarterly business climate index gained slightly by 0.1 point in the fourth quarter of 2010 and rose 7.4 points on a year-on-year basis, the NBS said in a statement on its website. The index, based on a survey of nearly 20,000 Chinese companies, has a range from zero to 200. A reading above 100 shows economic expansion, and any

NBS: Home prices in 70 major Chinese cities up 6.4% in December

File photo taken on Nov. 14, 2010 shows a newly built residential community in east China's Shanghai Municipality.   Home prices in 70 major Chinese cities rose 0.3 percent month on month in December and 6.4 percent year on year, the National Bureau of Statistics (NBS) said Monday. The annualized growth rate dropped from 7.7 percent in November, making December the eighth consecutive month of slowing growth from a peak of 12.8 percent in April last year, when the government stepped up controls to curb prices. New home prices climbed 7.6 percent year on year last month

China's retail sales up 15.8% to US$442 billion in Jan-Feb, 2011

China's retail sales rose 15.8 percent year on year to 2.9018 trillion yuan (441.67 billion U.S. dollars) in the first two months of this year, the National Bureau of Statistics (NBS) announced Friday. Despite a spending spree during the traditional Chinese Lunar New Year holiday, the growth was 3.3 percentage points lower than December's level. Urban retail sales of consumer goods topped 2.5173 trillion yuan in the Jan.-Feb. period, up 15.9 percent year on year, while retail sales in rural areas rose 15.4 percent to 384.5 billion yuan from a year earlier, according Sheng

China's retail sales of consumer goods rise to $226.77b in May of 2011

  China's retail sales of consumer goods rose 16.9 percent year-on-year to 1.47 trillion yuan ($226.77 billion) in May this year, the National Bureau of Statistics (NBS) announced on Tuesday.   SOURCE:  chinadaily.com.cn   Editorial Message  This site contains materials from other clearly stated media sources for the purpose of discussion stimulation and content enrichment among our members only.  whatsonningbo.com does not necessarily endorse their views or the accuracy of their

China's industrial businesses' profits hit $296.8b in 1st five months of 2011

Profits for China's industrial businesses rose 27.9 percent year-on-year in the first five months of this year to hit 1.92 trillion yuan (296.80 billion U.S. dollars), the National Bureau of Statistics (NBS) announced on Monday. The growth rate, however, was 1.8 percentage points lower than that of the first four months of this year. The NBS figures showed that combined revenues for the country's industrial firms rose 29.4 percent year-on-year to reach 31.10 trillion yuan in the first five months of this year. The report was based on a survey of industrial companies with

Growth rate of China's 2010 GDP revised to 10.4% year-on-year

The growth rate for China's 2010 gross domestic product (GDP) has been revised, with an increase of 0.1 percentage points to a rate of 10.4 percent, the National Bureau of Statistics (NBS) announced Wednesday.   After the revision, China's 2010 GDP now stands at 40.12 trillion yuan (6.27 trillion U.S. dollars), up by 321.9 billion yuan from the previous figure released in February, the NBS said in a statement on its website.   The revision was based on verified analyses of the country's annual reports, financial statements and random surveys by the NBS, according to the

China's CPI rises 5.4 percent in 2011, says NBS

Source: National Bureau of Statistics of China   Source: National Bureau of Statistics of China   China's consumer price index (CPI), a main gauge of inflation, rose 4.1 percent year-on-year in December, down 0.1 percentage point from November on falling non-food prices, the National Bureau of Statistics (NBS) said Thursday. The CPI was up 5.4 percent in 2011 from the previous year, well above the government's full-year inflation control target of 4 percent, the NBS said in a statement on its website. The inflation rate in December marked a
CPI   PPI   NBS  

China's GDP growth sees 3-year low in Q1 of 2012

China's cabinet vowed on Friday to strengthen its fine-tuning of the economy as it grew by an annual rate of 8.1 percent in the first three months of 2012, its slowest pace in nearly three years. "Efforts should be made to leave more room for new policies and prepare for hardships and tests," the State Council said in a statement after a meeting on Friday. The State Council said the economy is generally in stable shape, but is faced with many difficulties and challenges, Xinhua News Agency reported. It pledged to improve macro-regulation, enhance demand management,
GDP   NBS   GDP growth  
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