20191027 China News

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OCT.27

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China News

1China's overall vehicle sales stood at 1.96 million in August, a fall of 6.9 percent from the same period last year, according to the China Association of Automobile Manufacturers. And it is the 14th month of sales falls since July 2019.

2

China Universal Asset Management listed an exchange-traded fund (ETF) at the Shanghai bourse on Friday to facilitate the development of the Yangtze River Delta region, according to a statement from the company.

 

3China's gold holdings showed a sharp increase in the last 10 months, as the country continued to shore up its purchases amid rising global uncertainties and possibilities of further rate cuts by global central banks, experts said.

4China's business environment showed one of the strongest improvements worldwide in the 12 months ending May 1 thanks to its robust reform agenda, the World Bank Group said on Thursday.

5

Chinese short video platform Kuaishou will speed up the capital efforts to enable its partners to obtain 10 billion yuan ($1.4 billion) in revenue in 2020, said Yan Qiang, vice-president of the company's business platform.

6

China's agricultural sector expanded steadily during the first three quarters of the year, with a stable increase in farmers' incomes, an official said Friday.

7The rising popularity of online literature in China is creating new growth opportunities for businesses in culture and entertainment, industry experts said.

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ENDSourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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