PRESS DIGEST - China - July 14
SHANGHAI, July 14 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Tuesday. Reuters has not checked the stories and does not vouch for their accuracy.
CHINA SECURITIES JOURNAL
- China should develop institutional investors in order to build a healthy stock market in the long-run, the newspaper said in its commentary.
SHANGHAI SECURITIES NEWS
- China's import and export volumes with countries along the "One Belt, One Road" initiative reached nearly 3 trillion yuan ($483.24 billion) in the first half of 2015, equivalent to a quarter of China's total trade volume, the spokesman for the General Administration of Customs said.
SECURITIES TIMES
- New fund management accounts opened by investors have hit a record high, increasing by 2,242 in June, data from China Securities Depository and Clearing Corporation Ltd showed.
CHINA DAILY
Technology firm ZTE Corp is facing "unprecedented" smartphone sales pressure in China and plans to double its spending on marketing over the next three years, the firm's head of mobile devices division, Zeng Xuezhong, said.
For Hong Kong and South China newspapers see..... (Reporting by Chen Yixin and Brenda Goh; Editing by Sunil Nair)
