China industry temperatures

High-tech manufacturingHighestMost watched

Warm · High-tech manufacturing value added grew 13.8 percent in the first seven months while software and information-services revenue also expanded rapidly, putting the industry in a warm range.

Real estateLowestMost watched

Severe cold · A 19.2 percent fall in investment, an 11.8 percent decline in sales area, and falling prices across many cities make real estate the coldest and one of the most closely watched listed industries.

Automotive manufacturingMost watched

Comfortable · Total vehicle sales edged down in July, but new-energy vehicle sales rose 23.7 percent and vehicle exports jumped 81.3 percent, leaving domestic legacy demand sharply divided from new-energy and export growth.

Retail and consumer services

Cool · Services retail sales grew 5.0 percent in the first seven months, but goods retail sales rose only 1.1 percent, leaving service resilience insufficient to offset weak goods consumption.