BEIJING Cheap Rod Carew Jersey , July 17 (Xinhua) -- Sales by rural supply and marketing cooperatives rose in the first half of 2017 as China pushed reforms on these entities, allowing them to serve rural residents more efficiently, official data showed Monday.
Total sales from all cooperatives nationwide reached 2.35 trillion yuan (about 347.8 billion U.S. dollars), up 14.4 percent year on year, according to the All China Federation of Supply and Marketing Cooperatives.
Notably, grassroots-level supply and marketing cooperatives saw rapid sales increase, contributing more to total sales.
China's supply and marketing cooperatives have been a key platform for the distribution of agricultural products in rural areas in the past decades.
In 2015, in an effort to make the cooperatives better serve their regions, China announced plans to expand their business scope and called for innovation in their management.
Since then, local cooperatives have been expanding to new business areas, embracing opportunities such as e-commerce.
Taking advantage of their established logistics systems, the local cooperatives have been operating as important platforms for online transactions, storage and logistics management, and product delivery.
E-commerce sales by cooperatives increased 124 percent in the first half, Monday's data showed.
In 2016, sales of China's supply and marketing cooperatives stood at 4.78 trillion yuan, up 10.9 percent year on year.
TOKYO, July 6 (Xinhua) -- Tokyo stocks closed lower on Thursday as a weak lead from Wall Street overnight after oil prices retreated set a negative tone, with a dour market mood compounded by ongoing geopolitical concerns centered on the Korean Peninsula.
The 225-issue Nikkei Stock Average dropped 87.57 points, or 0.44 percent, from Wednesday to close the day at 19,994.06, marking the first time in three weeks the index has fallen bellow the psychologically important 20,000 line.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 3.10 points, or 0.19 percent, to finish the day at 1,615.53.
Oil and coal product, mining and rubber product-linked issues comprised those that declined the most by the close of play, and declining issues outpaced advancing ones by 1,006 to 861 on the First Section.
Trading volume on the main section on Thursday came to 1,683.08 million shares, dropping from Wednesday's volume of 1,794.61 million shares.
The turnover on the penultimate trading day of the week totaled 2,310.5 billion yen (20.45 billion U.S. dollars).
China, Germany pledge to take bilateral ties to higher levels
Xi, Merkel launch Panda garden in Berlin zoo
Xi, Merkel watch friendly football match between Chinese, German youth teams
Bullet trains begin to travel from Beijing to Xiong'an New Area
Tourists visit Int'l Bazar at Urumqi in NW China's Xinjiang
Lotus flowers blossom across China
Hot dog eating contest held in New York
Take closer look at new Beijing-Shanghai overnight sleeper trains
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