Dec 28 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
-- Total assets in China's banking financial institutions hit 127.1 trillion yuan by the end of November, up 17.7 percent from the previous month.
-- China's State Administration of Taxation set its target for 2013 revenue growth at 8 percent.
-- China's government will promote consumption of energy-saving products by granting 13 percent subsidies for purchases of environmentally friendly products.
CHINA DAILY (www.chinadaily.com.cn)
-- China's home-grown Beidou satellite navigation system, designed to compete with the U.S. Global Positioning System (GPS), began providing services to civilians in the Asia-Pacific region on Thursday.
CHINA BUSINESS NEWS
-- Zhang Yunfeng, general manager of Shanghai Equity Exchange, said the exchange plans to issue private placement bonds next year.
-- China's ocean watchdog said it would allocate 30 million yuan ($4.81 million) in 2013 to enhance cooperation with developing economies in the South China Sea.
For Hong Kong and South China newspapers see.....