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BEIJING nike air presto pink uk , Aug. 9 (Xinhua) -- China's consumer and factory-gate inflation held steady in July as the world's second-largest economy stayed on track for solid growth.


The consumer price index (CPI), a main gauge of inflation, rose 1.4 percent year on year in July, the National Bureau of Statistics (NBS) said Wednesday.


It was slightly down from June's 1.5 percent. On a month-on-month basis, the index was up 0.1 percent, according to the bureau.


Food prices nike air presto green uk , the biggest component of the CPI, were down 0.1 percent, dragging down the growth rate of the index by 0.02 percentage points, the NBS said.


Vegetable prices surged 7 percent after declining for five straight months as a scorching summer and heavy rain restricted output. Fruit prices shed 9.2 percent due to oversupply. Pork prices declined 0.7 percent as consumption fell in summer.


Year on year, food prices dropped 1.1 percent in July while non-food prices rose 2 percent.


Excluding volatile food and energy prices, the core CPI increased 2.1 percent year on year in July.


In the first seven months nike air presto blue uk , the CPI rose 1.4 percent year on year.


China's producer price index (PPI), which measures costs for goods at the factory gate, rose 5.5 percent year on year in July, according to the NBS.


It was unchanged from the previous two months. On a month-on-month basis, the index was up 0.2 percent.


Factory-gate prices rose in the ferrous metal mining and non-ferrous metal smelting industries, which widened to 2.7 percent and 1.5 percent from a month earlier nike air presto purple uk , respectively, said NBS senior statistician Sheng Guoqing.


Meanwhile, prices in the oil and gas extraction and refining industries dropped 5.3 percent and 3 percent month on month, respectively.


China's PPI has remained in positive territory since September, when it ended a four-year streak of declines, partly due to the government's successful campaign to cut industrial overcapacity nike air presto red uk , which benefited the wider economy.


Analysts estimate consumer inflation will remain muted for the whole year.


Wen Bin, chief researcher with China Mingsheng Bank, said that with holidays approaching, food prices are expected to rebound on rising consumption. The overall pace will be mild.


China reported 6.9-percent GDP growth for the first half of 2017, exceeding the 6.7-percent rise in 2016 and beating expectations.


The country's manufacturing purchasing managers' index (PMI) came in at 51.4 in July, down from 51.7 in June. The non-manufacturing PMI came in at 54.5 in July nike air presto grey uk , down from 54.9 in June.


It was explained by economists as a normal fluctuation and did not tell much about the cyclical trend of China's economy. The positive economic outlook remained unchanged.


Taming inflation leaves the central bank leeway to stay composed in raising interest rates. China's monetary policy in 2017 is set to be "prudent and neutral" to keep appropriate liquidity levels and avoid large injections.


Over the past year, the bank has steered clear of interest rate cuts and avoided tinkering with reserve requirement ratios while adopting an expanded range of tools, such as reverse repos and lending facilities, for more nimble maneuvering.


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WELLINGTON, Sept. 22 (Xinhua) -- New Zealand leaders at the second New Zealand- China Partnership Forum in China this week will be aiming to future-proof the bilateral relationship with a focus on building people-to-people links, a senior New Zealand delegate has said.


More than 60 New Zealand business, community and government leaders have headed to China for the forum, but "it's not just about business nike air presto black uk ," New Zealand-China Council executive director Pat English told Xinhua in a phone interview on Monday.


English was speaking after a momentous couple of months for the New Zealand-China relationship when the government rejected one major Chinese investment in a North Island farm holding and regulators begin looking at another large Chinese investment, a 50- percent stake in New Zealand's biggest meat processor.


Both deals have fueled an already heated debate on foreign ownership of New Zealand assets and accusations of xenophobia, which flared in July with claims from the main opposition Labor Party that ethnic Chinese were buying a disproportionate number of homes in New Zealand's biggest city of Auckland and driving up prices.


New Zealand Economic Development Minister Steven Joyce and Associate Trade Minister Todd McClay would be attending the talks so there would "some interesting discussions around the table" at the plenary investment session on Wednesday, said English.


While challenges surrounding China's slowing economic growth and its affect on New Zealand exports would be discussed, organizers were trying to "future forward" the talks, said English.


"What is it going to look like in the years to come? What are we dealing with and how are we going to manage future issues? The focus really is about playing it forward nike air presto essential uk ," English said.


New Zealand and Chinese organizations were both strongly represented at the talks, which would cover four key areas: people- to-people links, food, investment and tourism.


"Anything and everything is on the table within those parameters," said English.


"We have a plenary as well so the leaders will be talking about the issues of the Chinese economy, of what does the slowdown mean nike presto ultra flyknit mens uk , how it's impacting New Zealand, how China is responding, but also things like the One Belt and O. George Corral Mexico Jersey Adil Rami France Jersey Daniel Sturridge England Jersey Cheap Croatia Jerseys Carlos Bacca Colombia Jersey Oscar Brazil Jersey Kevin De Bruyne Belgium Jersey Nahuel Guzman Argentina Jersey Mathias Corujo Uruguay Jersey Xherdan Shaqiri Switzerland Jersey
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