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BEIJING - China has introduced a slew of measures to further optimize the capital fund management of fixed-asset investment projects to promote effective investments and prevent risks, according to a circular issued by the State Council.
BEIJING - Locally-administered State-owned enterprises (SOEs) will be allowed to experiment with mixed-ownership reform in the rest of the year, the Economic Information Daily run by Xinhua reported Wednesday.
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 - Chinese e-commerce giant Alibaba created over 36.8 million jobs last year via its expansive retail ecosystem, a report showed.
BEIJING - China's warehouse storage sector expanded slightly in May amid the gradual recovery of market demand, industrial data showed.
来源：资阳报