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BEIJING - China's crude oil output grew 0.3 percent year on year in October, a slower increase than the 2.9-percent rate registered in September, official data showed.

BEIJING - China's central bank Friday continued to pump cash into the financial system to ensure stable liquidity, after it raised interest rates for open market operations the previous trading day.

BEIJING - China's Ministry of Commerce announced on Wednesday that the quota for non-state crude oil imports will be raised to 142 million tons for 2018, 55 percent higher than that for 2017.

BEIJING - China's leading position in telecommunication networks is expected to drive new digital business models worth tens of billions of US dollars, said a report by global auditing and consultancy firm Deloitte.

BEIJING - China's State Council has approved a merger between China National Machinery Industry Corporation (Sinomach) and textile giant China Hi-Tech Group Corporation, an official statement announced Thursday.