China's July fixed asset investment cooled down a little while the private sector recovered as supply side reforms gathered pace, official data showed on Tuesday.

Fixed asset investment (in the first seven months) went up 5.5 percent compared to the same period last year, 0.5 percentage points slower compared to the first six months of 2018, data from the National Statistics Bureau showed.

Fixed asset investment by the private sector gained 8.8 percent during the period, up 0.4 percentage points compared to the previous month.

Private investment accounts for about 60 percent of total investment.

Property development investment expanded 10.2 percent year-on-year for January-July.

China's industrial sector achieved proper growth in July, during which time value added of industrial enterprises went up 6 percent year-on-year, the same growth pace compared to the previous month.