The National Bureau of Statistics says China's economy was stable in July. The NBS says that fixed-asset investments in China decreased to just over eight percent in the first seven months of the year.

That came as private sector fixed-asset investment rose 2.1 percent in the same period, compared with 2.8 percent growth in the first half of the year.

The NBS also says industrial output rose 6 percent in July compared with a year ago. That was slightly lower than June's 6.2 percent increase.

Retail sales surged 10.2 percent in July, continuing its strong performance as the Chinese economy shifts to a services-based model.