CCTV: Premier Li Qiang chaired a State Council executive meeting that reviewed and approved draft decisions to amend China’s Regulations on Housing Provident Fund Management and to amend and abolish certain administrative regulations.

Spot silver fell over 2.0% to $57.79/oz. New York silver futures slipped below $58/oz, down 2.14% intraday.

Huo Lihui, chief statistician at the NBS service-industry survey center, said July manufacturing PMI eased to 49.2, hit by a high prior-period base and seasonal softening. Equipment-manufacturing PMI was 51.4 and high-tech manufacturing PMI 53.3, both well above the headline and still expanding, supporting a shift toward newer, higher-quality manufacturing. Consumer-goods PMI was 47.8 and high-energy-consuming industries PMI 47.0, down 2.4pts and 0.1pt MoM, respectively.