Category Archives: CNTV

Data revealed on China’s consumption, investments and foreign trade in 2014

The NBS’ data today showed just how China’s three pillars of growth — investments, foreign trade and consumption — performed in 2014. Fixed asset investments climbed 15.7 percent in 2014 from the previous year but the number was below forecasts. Growth speed in foreign trade also declined. Total volume grew just 2.3 percent last year on a decline in imports volume. Meanwhile, retail sales increased 11.9 percent in 2014 from a year earlier, exceeding analysts’ predictions.