"Based on key indicators that measure macro-economy, China's economy presents a distinctive feature of stability," said Ning Jizhe, deputy head of the National Development and Reform Commission and also head of the National Bureau of Statistics, adding that China is confident and capable of overcoming difficulties and obstacles to achieve its annual goals for economic and social development.
Chinese economic growth has stabilized at a range of 6.7 to 6.9 percent for 12 quarters in a row, said Ning. In the first half of the year, the economy grew 6.8 percent year-on-year.
In the second half of the year, efforts should be made to keep employment, the financial sector, foreign trade, foreign and domestic investments, and expectations stable.
"We have enough room for economic development," Ning said, citing huge potential market, expanding middle-income group and sufficient domestic demand potential.
"China has accumulated rich experiences in dealing with crises of various kinds after 40 years of reform and opening-up, which boosted China's confidence about the future of its economy," said Ning.
1CPI up 2.1%
China's consumer price index rose 2.1 percent from a year earlier in July, beating expectations of 1.9 percent and staying well within the government's comfort range of below 3 percent, according to the National Bureau of Statistics data.
On a month-on-month basis, the CPI climbed 0.3 percent.
2PPI up 4.6 %
China's producer price index rose 4.6 percent year-on-year in July, the NBS said.
The July growth slowed slightly compared with the 4.7 percent rise in June.
3Industrial growth expands at slower pace
China's manufacturing purchasing managers' index came in at 51.2 in July, down from 51.5 in June, the NBS said.
Activities of the country's non-manufacturing sector also expanded at a slower pace in July, with its PMI standing at 54, compared with 55 in June.
4Industrial output growth stable
China's industrial output expanded 6 percent year-on-year in July, unchanged from in June, according to NBS.
In the first seven months of the year, industrial output increased 6.6 percent year-on-year, 0.1 percentage point lower from January-June period.
5Fixed-asset investment up 5.5%
China's fixed-asset investment rose 5.5 percent year-on-year in the first seven months of the year, down from 6 percent for January-June, according to NBS.
On a monthly basis, FAI edged up 0.43 percent from June.
6China's property investment grows faster in January-July
Property investment increased 10.2 percent year-on year-in the first seven months, compared to the 9.7 percent expansion recorded in the January-June period, the NBS said.
NBS data showed investment in the real estate sector amounted to 6.59 trillion yuan, with 70.5 percent of the total pumped into residential projects.
7China's consumption to maintain stable growth
China's retail sales of consumer goods grew 8.8 percent year-on-year in July, narrowing from the 9 percent rise seen in June, data from the NBS showed.
Online spending remained robust, with sales surging 29.3 percent to reach 4.8 trillion yuan in the first seven months.
8China's trade growth weathers US tariff headwinds
China's goods trade went up 8.6 percent year-on-year to 16.72 trillion yuan in the January-July period of this year, customs data showed.
Exports rose 5 percent year-on-year while imports grew 12.9 percent, resulting in a trade surplus of 1.06 trillion yuan, which narrowed by 30.6 percent, according to the General Administration of Customs.
9China's new yuan loans rise in July
China's new yuan-denominated loans stood at 1.45 trillion yuan in July, up 627.8 billion yuan year on-year, central bank data showed.
M2, a broad measure of the money supply that covers cash in circulation and all deposits, rose 8.5 percent year-on-year to 177.62 trillion yuan at the end of July.
M1, narrow measure of the money supply which covers cash in circulation plus demand deposits, rose 5.1 percent year-on-year to 53.66 trillion yuan.
10FDI remains stable, dynamic
Foreign direct investment into the Chinese mainland rose 2.3 percent year-on-year to 496.7 billion yuan in the first seven months of 2018, official data showed.
In July alone, FDI inflow went up 14.9 percent year on year to 50.4 billion yuan.
The number of new overseas-funded companies established in the January-July period surged 99.1 percent from a year earlier to 35,239.
11Fiscal revenue up 6.1% in July
China's fiscal revenue rose 6.1 percent year-on-year to 1.75 trillion yuan in July, according to the Ministry of Finance.
The growth quickened from the 3.5 percent gain in June.
In the first seven months of the year, fiscal revenue went up 10 percent year-on-year to 12 trillion yuan, slowing from the 10.6-percent rise in the first half of the year.
Fiscal spending during the period rose 7.3 percent to 12.6 trillion yuan, accounting for 59.8 percent of the planned budget for the year.
12Job market remains stable
Employment remained stable, with 8.8 million new jobs being created in the first seven months, fulfilling 80 percent of the government's annual target, the NBS said.
The survey-based urban unemployment rate stood at 5.1 percent in July, 0.3 percentage points higher than June.
13Power use up 9% in Jan-July
The electricity consumption rose 9 percent year-on-year in the first seven months of the year, according to the National Development and Reform Commission.
The growth was faster than the 6.9 percent increase recorded in the same period last year.
Total power use hit 3.88 trillion kilowatt hours in the January-July period.