SHANGHAI, March 26 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 Investment Corporation has signed a contract with
Russian companies to work together in promoting infrastructure
investment and development in far eastern Russia, according to
an official announcement.
-- Dongfeng Automobile Co Ltd reported a 95
percent fall in net profit to 21.7 million yuan and a 17 percent
fall in revenue to 17.7 billion yuan in 2012, according to the
company's annual report.
-- Bright Dairy and Food Co. reported a 31
percent rise in 2012 net profit to 311 million yuan. The firm
hopes to achieve 15.8 billion yuan in revenue this year.
SHANGHAI SECURITIES NEWS
-- China's inflation could fall to around 2 percent in March
from a year earlier and the whole year number is likely to be
around 2.6 percent, said Song Guoqing, member of the Central
Bank Monetary Policy Committee, adding that gross domestic
product (GDP) could grow 8.3 percent.
-- China's Securities Regulatory Commission, Beijing branch
said it will promote securities companies to list in the stock
-- Chinese President Xi Jinping will be invited to the
opening ceremony of the Boao Forum for Asia (BFA) Annual
Conference 2013 and he will deliver a keynote speech.
-- China should crack down on 'naked officials' -- officials
who have most of their assets and close family abroad -- and
seek to regulate and identify which cadres fall into this
For Hong Kong and South China newspapers see.....