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BEIJING - Chinese flights' on-time rate hit 80.13 percent last year, the best in nearly 10 years, according to head of the Civil Aviation Administration of China (CAAC).

BEIJING - China is leveraging financial tools to help green its society and economy.

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 - Iron ore options were listed Monday on the Dalian Commodity Exchange (DCE), which will help derivative products better serve the iron and steel industry and promote the establishment of the global pricing center for iron ore.

BEIJING - China's foreign trade volume rose 16.2 percent year-on-year in January to 2.51 trillion yuan (7 billion).