BEIJING Wholesale San Antonio Spurs Jerseys , Aug. 13 (Xinhua) -- China's industrial output, investment and consumption are widely expected to be relatively high, despite milder growth in July, as the economy continues to show resilience.


While analysts expect slightly muted July data compared with June, they believe an improving global environment, expanding manufacturing activity and strong consumers will offset a property investment deceleration.


The Chinese government will release monthly data on major economic indicators on Monday.


Industrial output in July is expected to remain strong, despite moderating from June Wholesale Sacramento Kings Jerseys , according to statistics on manufacturing, power use and steel output, said CITIC Securities chief economist Zhu Jianfang.


He estimated July's industrial output growth at 7.2 percent year on year, a bit slower than 7.6 percent in June.


China's manufacturing purchasing managers' index (PMI) has stayed above 51 for 10 months in a row, official data showed. A reading above 50 indicates expansion.


In July, the official manufacturing PMI came in at 51.4, down from 51.7 in June Wholesale Portland Trail Blazers Jerseys , but another private survey showed its manufacturing PMI hit a four-month high of 51.1, up from 50.4 in June.


There were also signs of increased power use and steel output. Coal consumption by six of the country's largest power firms rose 10.6 percent year on year in July, up by 5 percentage points from June.


Major steel producers saw crude steel output grow 10.7 percent year on year last month, up by 2.4 percentage points from June.


While industrial output will be under pressure from the cooling property sector in the short term, a better global economy should put a floor under any slide in growth in the second half, Zhu predicted.


Fixed-asset investment, a key driver of China's economy Wholesale Phoenix Suns Jerseys , is expected to post a mild slowdown, as infrastructure investment usually loses some steam in July as a result of hot weather and slowing fiscal expenditures.


China Merchants Securities chief macroeconomic analyst Xie Yaxuan predicted fixed-asset investment to grow 8.4 percent year on year in the first seven months, compared with 8.6 percent in the first half.

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