April 15 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
CHINA SECURITIES JOURNAL
- Further reform of real estate markets calls for a
long-term mechanism to increase supply, instead of short-term
stimulus, an editorial said, commenting on rumours that
restrictions on property development are likely to be eased at
- The China Insurance Regulatory Commission (CIRC) is going
to explore multiple channels to fulfill the financing needs in
infrastructure construction in the urbanisation process,
including using preferred shares, said Wang Zuji, vice chairman
of the CIRC.
SHANGHAI SECURITIES NEWS
- Sources said China's insurance regulators are conducting
the first round of inspections into domestic companies'
investment risks within the insurance industry, in particular
possible inside trading.
CHINA BUSINESS NEWS
- Analysts expect the economic growth rate for the first
quarter of 2014 to come in around 7.5 percent.
CHINA ECONOMIC WEEKLY
- China's local governments have been relying too much on
income generated by selling lands, with Zhejiang and Tianjin
paying off two thirds of governments' debts through land sales
in 2012, according to auditing data released by provincial
- The capacity of Pudong International Airport's Terminal-1
will rise to 36 million passengers a year from the current level
of 20 million with the addition of a whole new floor to be
undertaken. This major project is set to get under way this
year, said the Shanghai Airport Authority.
- "After the first round of ballyhoo, the China (Shanghai)
Pilot Free Trade Zone (FTZ) has not yet excited enterprises with
any tangible breakthrough," wrote an editorial blaming the
Shanghai municipal government for the failure of the FTZ to
attract investor interest by enacting significant reforms.
- China's Central Commission for Discipline Inspection and
Supervision Department made public of 220 cases of CCP members'
misbehaviour from April 8 to 11, with their names posted on the
department's website. It has recently opened a reporting channel
for Internet users to facilitate the supervision and punishment
over the party members.
For Hong Kong and South China newspapers see.....
(Reporting by the Shanghai Newsroom)