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BEIJING - China's logistics activity shrank in the first month of this year due to holiday and weather issues.

BEIJING - China's manufacturing sector expanded at a faster pace in November, official data showed Thursday.

BEIJING - China's machinery sector reported better-than-expected performance in the first half of 2017 although high costs and financing difficulties continue to weigh on profits. Profits of machinery manufacturers amounted to 857.6 billion yuan (about 7.6 billion) during January-June, up 14.69 percent year on year, according to the China Machinery Industry Federation (CMIF). The main business revenue came in at 12.51 trillion yuan, rising 11.6 percent from the same period last year, with that in agricultural machinery, combustion engines, construction machinery and instruments all seeing double-digit growth. Chen Bin, deputy head of CMIF, attributed the improvement to business innovation and transformation, as well as a low comparison base last year. But high labor and logistics costs, and financing difficulties were still a trouble for the industry, Chen added.

BEIJING - China suspended tariff concessions on 128 items of US products including pork and fruits starting Monday, according to the Ministry of Finance.

BEIJING - China's central bank suspended open market operations on Friday as liquidity remained ample following the reserve requirement ratio (RRR) cut for some commercial banks.