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China's major grain-supplying areas have entered harvest season, and Jia Jianyu, a 36-year-old farmer in Henan province, is busy picking honeydew melons. He once lived below the poverty line.
China's consumer price index (CPI), a main gauge of inflation, rose 1.4 percent on average in the first half of the year. Excluding volatile food and energy prices, the core CPI increased 2.1 percent year-on-year.
China's oil giants, especially those with major business in upstream sectors including China National Petroleum Corp and China National Offshore Oil Corp, will suffer if oil prices remain at depressed levels throughout the year, said an industry expert.
China's construction machinery sector is expected to see a 3-percent increase in revenue this year on the back of the growing number of infrastructure projects being undertaken by local governments and sustained efforts by companies to boost demand for next-generation products, industry experts said.
China's consumer trend index, released by global market consultancy Nielsen to measure consumer confidence, remained high in the second quarter of this year.
来源：资阳报