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Excavator machinery is a barometer of new infrastructure, and its strong growth indicates that the economy could expand steadily in the first half of this year,
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Adding to a slew of upbeat data on the economy, surveys on the country’s manufacturing and non-manufacturing sectors showed the economy had staged a strong start.
China’s manufacturing sector in March stayed above the boom-bust mark for the eighth month in a row, and the non-manufacturing sector continued to expand,
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