REFILE-PRESS DIGEST - China - April 11

(Corrects items under SECURITIES TIMES, to state Guangzhou city in Guangdong Province, not Guangzhou Province, in first item, and adds dropped word 'project' in second item)

BEIJING/SHANGHAI, April 11 (Reuters) - 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.

FINANCIAL NEWS

-- Chinese insurers paid 3.7 billion yuan ($529 million) in total for storm disasters in January and February but the funds covered only a small portion of the damage, China Insurance Regulatory Commission Chairman Wu Dingfu said.

-- The Agricultural Bank of China has set up a management function as part of its transformation into a flat-structured, "process-based" lender.

-- The People's Bank of China's Lanzhou branch issued a notice requiring lenders to enhance security after Tibetan riots in the southern part of Gansu province.

-- China's insurance watchdog will start a six-month nationwide inspection of property insurance businesses to identify and address irregularities in the sector.

CHINA DAILY (www.chinadaily.com.cn)

-- General Electric (GE.N) said Xiamen-based Topstar, a Chinese light bulb manufacturer in which GE has a minority interest, neither violated China's labour laws nor endangered workers' health in its production process. The comments were in response to a Policy Matters Ohio report that said Topstar subjected many employees to 64-hour working weeks and toxic mercury used in production.

-- Up to 1,000 Chinese families will host foreign visitors to Beijing this summer as part of an Olympic Homestay programme, the city's tourism bureau said.

-- Crime in Guangzhou fell 14 percent in the first quarter compared with the same period of last year, with robberies falling 32 percent and purse-snatchings down 26 percent, the local police department said.

-- The population of the Tibet autonomous region was 2.84 million at the end of 2007, up 30,000 from 2006, a government report said.

PEOPLE'S DAILY

-- A total of 201 countries and international organisations have confirmed participation in the 2010 World Expo in Shanghai.

-- Communist party organs are expanding in private associations, schools and societies in Wenzhou, China's private economy base.

-- China's former President Jiang Zemin attended the funeral of Wu Xueqian, a veteran Chinese diplomat and former vice-premier.