China's gross domestic product expanded 7.5 percent on year in the second quarter of 2014, the National Bureau of Statistics said on Wednesday.

That beat forecasts for 7.4 percent, which would have been unchanged from the previous three months.

On a seasonally adjusted quarterly basis, GDP gained an annualized 2.0 percent - also beating expectations for 1.8 percent and accelerating from 1.4 percent in the first quarter.

Industrial production climbed 9.2 percent on year in June, topping forecasts for 9.0 percent and up from 8.8 percent in May.

Retail sales gained an annual 12.4 percent, shy of forecasts for 12.5 percent - which would have been unchanged from the May reading.

Fixed asset investment jumped 17.3 percent on year for the period of January to June. That beat expectations for 17.2 percent, which would have been unchanged from the period of January to May.


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