BEIJING/SHANGHAI Oct 24 Chinese newspapers
available in Beijing and Shanghai carried the following stories
on Friday. Reuters has not checked the stories and does not vouch
for their accuracy.
SHANGHAI SECURITIES NEWS
-- Chen Daofu, a researcher at a think-tank affiliated with
China's State Council, or cabinet, said China had plenty of room
for policy manoeuvre to deal with the global financial crisis.
-- China Southern Locomotive (601766.SS) has won a contract
worth nearly $100 million from Kazakhstan, its third contract
since entering that country's market in 2002, the paper quoted
unnamed source as saying.
CHINA SECURITIES JOURNAL
-- The global financial crisis and recession fears have hit
small privately owned ship builders in China's coastal provinces
of Zhejiang, Guangdong and Shandong. The industry is facing
-- Unirule Institute of Economics, an independent think-tank
based in Beijing, forecast China's fourth-quarter GDP at 9
percent and CPI growth at 4.5 percent. China's economic growth
has already entered a downward path, it said.
CHINA BUSINESS NEWS
-- China National Petroleum Corp (CNPC) plans to boost
natural gas output to 70 billion cubic metres by 2010, compared
with last year's 54 billion cubic metres, to meet the country's
fast-growing demand for natural gas.
CHINA DAILY (www.chinadaily.com.cn)
-- China and Denmark discussed cooperation on climate change
issues during a meeting in Beijing. Danish Prime Minister Anders
Fogh Rasmussen said the current global economic crisis should not
be a cause for delaying action on climate change.
-- Chinese Premier Wen Jiabao said China and Germany should
consistently view and handle bilateral relations from a strategic
and long-term angle, during a meeting with German Chancellor
Angela Merkel in Beijing.
(Compiled by Beijing and Shanghai Newsrooms; Editing by Edmund