China Should Focus On Major Projects and  Businesses: Journal

China's key to dealing with its economic headwinds is promoting large projects and vigorously helping difficult enterprises, China Securities Journal said citing policy intentions given by the National Development and Reform Commission. Q1 growth is likely to be dragged down by increasing internal and external risks and challenges, the newspaper said. Infrastructure investment, which will be the biggest growth driver this year, is expected to expand by 5-7%, the newspaper said citing analysts. The central bank is still likely to cut interest rates and inject more liquidity via medium-term lending facilities, the newspaper said. Real estate policies will also be optimized in accordance with different cities, it said.