Macro Dynamics - The People's Bank of China, along with the National Financial Regulatory Administration and the China Securities Regulatory Commission, has drafted a consultation paper on the management of customer due diligence and transaction record retention for financial institutions, aiming to prevent money laundering and terrorist financing [2] - The draft does not mention the previous requirement for individuals to register the source of funds for cash withdrawals exceeding 50,000 yuan, but mandates due diligence for transactions over 50,000 yuan or equivalent to 10,000 USD [2] - Financial institutions are required to retain customer identity information and transaction records for at least 10 years, with a push towards electronic storage methods [2] Natural Resources - The Ministry of Natural Resources announced that the first five national parks in China have completed their rights registration, which includes the Giant Panda, Northeast Tiger and Leopard, Hainan Tropical Rainforest, Wuyi Mountain, and Sanjiangyuan national parks [4] Automotive Industry - In July, the sales of new energy vehicles reached 1.262 million units, marking a year-on-year increase of 27.4%, with new energy vehicles accounting for 48.7% of total new car sales [5] - From January to July, the production and sales of new energy vehicles were 8.232 million and 8.22 million units, respectively, reflecting a year-on-year growth of 39.2% and 38.5% [5] Company Dynamics - Changan Automobile announced that its directors and senior management plan to increase their holdings in the company, with a total investment of no less than 5.7 million yuan [10] - The first duty-free shop in Shenzhen is set to open at the end of August, featuring a diverse range of products including beauty, jewelry, and high-end liquor, aimed at boosting tourism consumption [11] - Fosun Pharma has signed a licensing agreement with Expedition for the development, production, and commercialization of the investigational product XH-S004 outside of China and Hong Kong, with potential payments up to 120 million USD [12] - Xiaomi Auto Technology has applied for a patent related to collision detection methods, which aims to enhance user safety during transportation [13] - Dalian Wanda Group has been subjected to enforcement actions exceeding 2.4 billion yuan, with a total of over 7.6 billion yuan in enforcement actions reported [14]