20190911 China News
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China's passenger car sales continued to shrink in August, data from an industrial association showed Monday.The retail sales of passenger vehicles reached 1.564 million units last month, down 9.9 percent year on year and up 5.4 percent month on month, according to the China Passenger Car Association (CPCA).

Bank of Communications Co Ltd is deepening cooperation with technology companies by providing them with full life cycle financial services covering investment, financing, initial public offerings, mergers and acquisitions, and wealth management to take advantage of the launch of the Nasdaq-style STAR Market.

The southern Chinese city of Guangzhou has adopted facial recognition technology since Monday in two of its subway stations, allowing for fast and easy entrance.

The latest macroeconomic measures are expected to lower lending rates and support credit-fueled infrastructure to help bolster growth, economists said.

China's foreign trade will continue to show strong resilience for the rest of the year, boosted by its fast-growing private sector, and diversified export and import channels with partners participating in the Belt and Road Initiative, business leaders said on Monday.

China Unicom and China Telecom will co-build and -share 5G network access nationwide to save costs and improve efficiency, according to announcements from the two telecom giants.

Chinese soccer-themed information and social media apps have accelerated their monetization efforts through advertising and e-commerce platforms as well as by taking part in the operation of offline soccer events.

Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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