ANZ Research analysts forecast improvements across retail sales, industrial production, and fixed-asset investment, even as trade tensions persist. They see these indicators reflecting a degree of stabilisation in activity, supported by targeted policy measures and ongoing export strength.
It expects retail sales growth to slow to 4% year-on-year from 4.8% in June, industrial production growth to ease to 6.5% from 6.8%, and fixed-asset investment growth to dip to 2.6% from 2.8%.
Moody’s cites weak confidence as a drag on investment and domestic demand.
Friday’s release will be closely watched for clues on whether China’s recent policy moves are gaining traction, or if further stimulus will be needed to shore up growth in the second half of the year.
Data due at 0200 GMT on Friday, August 15, 2025, which is 2200 US Eastern time on Thursday, August 14, 2025
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