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Chinese major e-commerce platforms continued to break records in online sales during this year's June 18 shopping festival from June 1 to 18. JD said sales for the 18-day festival period hit a staggering 201.5 billion yuan, compared with 159.2 billion yuan in 2018.
Chinese banks are faced with key challenges, including slower economic growth, liberalized interest rate market, the rise of internet finance and the trend of financial deleveraging, which make the role of their top leadership a crucial factor for the banks to achieve sustainable success, the report said.
Chinese infrastructure companies expressed interest in getting involved in the improvements. Michael Lee, president of China Railway Signal & Communication Corp, said he hoped to build the group's "second home" in the US.
Chinese company Guangzhou OED Technologies Co Ltd is doing just that after announcing plans that it will mass produce electronic shelf labels out of the material next year.
Chinese companies in Southern California are increasingly looking to build up their image, hoping to have a positive impact on local communities with their investments.
