BEIJING, July 13 (Xinhua) -- The following are the highlights of China's key business news from the past week:
FOREIGN TRADE
China's foreign trade managed to maintain stable growth in the first half of this year amid global uncertainties.
Total foreign trade volume reached 14.67 trillion yuan (2.14 trillion U.S. dollars) in H1, up 3.9 percent year on year, data from the General Administration of Customs (GAC) showed Friday.
Exports expanded 6.1 percent while imports rose 1.4 percent. China saw its trade surplus widen by 41.6 percent year-on-year to 1.23 trillion yuan during the same period.
NEW YUAN LOANS
China's new yuan-denominated loans reached 1.66 trillion yuan in June, up from 1.18 trillion yuan in May, central bank data showed Friday.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 8.5 percent year-on-year to 192.14 trillion yuan at the end of June, according to the People's Bank of China.
The M2 growth was unchanged from the level at the end of May but was 0.5 percentage points faster than the same period last year.
CPI, PPI
China's consumer price index, a main gauge of inflation, rose 2.7 percent year on year in June, the National Bureau of Statistics (NBS) said Wednesday.
China's producer price index, which measures costs for goods at the factory gate, rose 0.3 percent year-on-year in the first half of 2019, the NBS said.
In June, the index was flat with the same period last year, according to the NBS. Enditem
