China's industrial output, retail sales up in Dec: govt

[BEIJING] China's industrial production, which measures output at factories, workshops and mines in the world's second-largest economy, rose 7.9 per cent year-on-year in December, the government said Tuesday.

Retail sales, a key indicator of consumer spending, increased 11.9 per cent in the same month, the National Bureau of Statistics said. Fixed asset investment, a measure of government spending on infrastructure, expanded 15.7 per cent on-year for the whole of 2014.

AFP