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BEIJING - China will add two new indexes to its official economic data release calendar, measuring the performance of its brick-and-mortar retail industry quarterly, an official said Thursday.

BEIJING - China's gold consumption dropped 5.44 percent to 284.97 tonnes in the first quarter of this year due to a carryover effect and a sharp sales decline in gold bars, new data showed Monday.

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's postal sector registered a rapid growth in business revenue in July, official data showed.

BEIJING - China's crude oil output edged up 0.6 percent year-on-year to 16.46 million tons in July, slightly retreating from an increase of 0.7 percent registered in June, official data showed.