China Ups Efforts to Boost Growth in Q1 after Slow Nov: Yicai

China is expected to see greater and concerted efforts in the first quarter to boost growth and implement its goal of stability, after November indicators showed slowing demand and output, Yicai.com reported. The annual local government special bonds are expected to be kept above CNY3 trillion, and several provinces have received quotas early, which will facilitate early issuances next year to be used to boost investment and consumption, Yicai said. Several ministries are also taking measures to address weakening demand and some industrial output, reflected in slowing Nov retail sales and auto production. China is actively pushing for building large-scale solar and wind electricity bases, investing in transportation and upgrading manufacturing, logistics and digital communication, it said.