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BEIJING - China's leading liquor maker Kweichow Moutai predicted surging profit for 2017 thanks to increasing sales.

BEIJING - China maintained steady growth in fixed-asset investment in the first half of this year, with rapid investment growth in high-tech sectors, official data 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 - China on Friday announced more measures to improve its national social credit system.

BEIJING - China's job market remained stable in April, seeing lower unemployment rate, official data showed Wednesday.