UPDATE 1-PRESS DIGEST - China - Nov 4

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BEIJING/SHANGHAI, Nov 4 (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 can limit the impact of the global financial crisis and maintain steady and stable economic growth by using macroeconomic policies and boosting domestic demand, a director at the National Development and Reform Commission said.

-- Analysts called for allowing local governments to issue bonds on a trial basis in order to raise funds.

-- The municipal government of Beijing plans to adopt policies to support the city's property market, officials said.

-- Sichuan Chuantou Energy (600674.SS) said its shares would be suspended from trading starting on Tuesday, pending a statement about an asset reconstruction plan at its parent company.

-- Beiqi Foton Motor (600166.SS) said it would invest 800 million yuan ($117 million) in a light truck facility with annual capacity of 100,000 units. The project will be located in the earthquake-hit city of Deyang, in southwestern China's Sichuan province.

SHANGHAI SECURITIES NEWS -- Blackstone Group (BX.N) is in talks with Thailand's Chiatai Group about possibly buying the Super Brand Mall shopping centre in Shanghai's financial district, which the Thai group is considering selling, a source familiar with the situation said.

-- China Railway Construction (1186.HK) (601186.SS) said a Nigerian rail modernisation project involving one of its subsidiaries had been suspended for 90 days. The contract for the project is worth $8.3 billion.

SECURITIES TIMES

-- Mid-sized Chinese automaker Haima Investment Group (000572.SZ) said it planned to spend up to 100 million yuan of its own funds to buy back up to 30 million shares to support its share price.

FINANCIAL NEWS

-- The Guangdong branch of China's central bank urged local banks to increase loans for infrastructure and other important projects to prevent a rapid slowdown in the local economy.

CHINA DAILY (www.chinadaily.com.cn)

-- China's first domestically produced jumbo jet will take to the sky before 2015, said Miao Wei, vice minister of industry and information technology, giving the first timetable for the trunk liner project.

-- The newly merged China Aviation Industry Corp (AVIC) plans to buy a foreign aircraft manufacturer by the end of this year to strengthen its development capabilities, its president Tan Weidong said.

-- Motorola Inc will cut the number of its employees in China as part of a global layoff plan, company spokesman Chen Lei said.

PEOPLE'S DAILY

-- China will be able to maintain fast growth and minimise any impact from the global economic slowdown as long as its macro control measures are appropriate, an official at the National Development and Reform Commission said, adding the country needs to further increase investment and stimulate domestic demand. (Compiled by Beijing and Shanghai Newsrooms; Editing by Ken Wills and Edmund Klamann)