MNI China Press Digest, Feb 5: Growth, Infrastructure

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

on Wednesday:

     Chinese authorities should step up infrastructure investment to stabilize

the economy through selling local government special-purpose bonds and providing

financial supports through policy banks, according to China Securities Journal.

A commentary published on the journal's front page said the outbreak of the

coronavirus would largely impact GDP in Q1 and historically took up the smallest

portion of total growth.

     New infrastructure and service investment in China will exceed CNY5

trillion throughout the year while the construction of new technology networks

will be ramped up, Securities Daily reports. The Daily cited Tang Chuan, an

expert at the China Public Private Partnerships Center, who nominated 5G

networks, the Internet of Things, security systems and big data projects as

areas of priority. These new infrastructures were important to improve the

emergency response of cities and enable remote working and education during the

epidemic period, Tang said.

--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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