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BEIJING, Dec. 14 (Xinhua) -- China's economy has held steady in the first 11 months of 2017, on track to reach this year's growth target and creating room for policy makers to step up efforts on risk control Marcus Davenport Jersey , poverty relief and pollution next year.

Data released Thursday showed fixed-asset investment (FAI) climbed 7.2 percent for January-November period, down from 7.3 percent in the first 10 months. The pace of growth has declined for eight consecutive months.

Investment in property development rose 7.5 percent from a year earlier, edging down from 7.8 percent in the first 10 months, according to the National Bureau of Statistics (NBS).

As the government maintains property purchasing curbs to contain speculation, housing sales measured by floor area recorded a slower growth of 7.9 percent in the first 11 months.

Infrastructure investment, which accounts for more than 20 percent of the total FAI Cheap Saints Hats , surged 20.1 percent for January-November period year on year, the pace of growth accelerating from 19.6 percent for January-October.

Industrial output also softened due to tighter environmental rules, rising 6.1 percent last month, down from October's 6.2 percent increase.

Lifted by the Singles' Day (Nov. 11) online shopping promotion, retail sales grew 10.2 percent in November, up from 10 percent the previous month.

Sales at Alibaba Cheap Saints T-Shirts , China's largest e-commerce platform, hit a record high of 168.3 billion yuan (25.5 billion U.S. dollars) on Nov. 11.

"Consumption will stay robust on the back of higher incomes and is expected to stay a pillar for economic growth next year," said Li Huiyong, an analyst at Shenwan Hongyuan Securities.

Thursday's data confirmed the trend of stable and sound economic growth, as conveyed by previous statistics, including the purchasing managers' index Cheap Saints Hoodie , foreign trade and new loans.

"The country's economy has continued steady and sound development, and will maintain the trend in 2018," NBS spokesperson Mao Shengyong said.

The country's GDP grew 6.9 percent in the first nine months, above the government's target of around 6.5 percent for the year.

Wen Bin, a researcher with China Minsheng Bank, expects the country's GDP growth to be 6.8 percent this year.

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