July PPI growth rate positive upstream downstream:

   August 9, the National Bureau of Statistics released July PPI and CPI data, of which the most market concern is PPI data, although the year-on-year growth rate has been flat for three consecutive months, but the chain still appeared 0.2% growth. For the reasons for the rise in prices, many experts interviewed believe that it is related to the continued advancement of the capacity policy.

July Import and export growth in the new year a new low import volume of commodities fell:

  in the import and export 6 consecutive months to maintain a high growth rate, July 2017, the first occurrence of a significant decline in the general administration of customs yesterday released data shows that July China's imports and exports of 2.32 trillion yuan, the year-on-year growth of 12.7%, the In the first 7 months of this year, China's imports and exports of goods traded at 15.46 trillion yuan, a 18.5% increase over the same period last year. Among them, exports 8.53 trillion yuan, the growth 14.4%, imports 6.93 trillion yuan, the growth 24%, the trade surplus 1.6 trillion yuan, the narrowing 14.5%.

A steady drop in the pressure on the renminbi to exceed 10-month high capital outflow:

  As at 15 o'clock August 9, the domestic onshore market (CNY) rose 6.68 points against the dollar, the closing price of the day closed at 6.6776, the official closing date of September 30, 2016, the offshore market, the renminbi against the U.S. dollar exchange rate (CNH) also rose to 6.7 integer crossings, to 6.6959; the same day, the renminbi against the U.S. dollar exchange rate at 6.7075, the same record more than 10-month high.