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BEIJING - China's service industry is expanding at the fastest pace for nearly six years, a private survey 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 - Chinese investment in the US tech sector could bring more opportunities than threats and should be viewed from the right perspective, according to a US private equity (PE) investment fund.
BEIJING - China's producer price index (PPI), which measures costs for goods at the factory gate, dropped 1.4 percent year on year in November, the National Bureau of Statistics (NBS) said Tuesday.
BEIJING - China's push to clean up the environment is creating a huge renewable energy market, tempting industry leaders.
来源：资阳报