China's industrial output grew the fastest in five months in August as demand for products from coal to cars rebounded thanks to higher government spending and a year-long credit and property boom.
Industrial output rose 6.3 percent in August, surprising analysts who had expected growth of 6.1 percent. Output increased 6.0 percent in July.
China's steel industry, in particular, has perked up in recent months as capacity cuts and production curbs have boosted prices and profits, while a government infrastructure spree and housing boom have spurred demand for building materials.
Retail sales also beat expectations, expanding by 10.6 percent after a rise of 10.2 percent the prior month. Analysts had forecast an increase of 10.3 percent.