MNI China Press Digest, Dec 10: Growth, Import, Real Estate

     BEIJING (MNI) - The following lists highlights from Chinese press reports

on Tuesday:

     Economic growth of 6% is not a "special watershed" for the Chinese economy

next year, according to a commentary in the People's Daily. Written by Wang

Yiming, Deputy Director at the Development Research Center of the State Council,

the commentary says that people are concerned about growth falling below 6%.

Wang said that slow growth for the economy would barely guarantee employment and

would pose difficulties in restructuring and stabilizing the macro leverage

ratio.

     China will continue to lower tariffs levels and institutional costs and

will hold an Import Expo every year to boost imports, China Securities Journal

reports. Citing Li Xingqian, the head of the Foreign Trade Bureau at the

Ministry of Commerce, the Journal's report says China will also actively

participate in the negotiation of the WTO Trade Facilitation Agreement and fully

implement the agreement by February 2020.

     Real estate regulations in China will remain tight to keep the market

stable despite some cities loosening the home purchase limits to attract new

talents, Securities Times said in a front page commentary. The Times says that

loosening local limits would apply to specific groups of people and will have a

limited impact on the property market. Regulations to combat speculation and

stabilize land prices and housing prices will not change, the commentary says. 

--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com

--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com

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