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Expiries for Jul22 NY cut 1000ET (Source DTCC)

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     BEIJING (MNI) - The following lists highlights from the Chinese press for
Thursday:
     China's economy is likely to stabilize after the first quarter and may pick
up in the second half of the year, Securities Daily reported citing Sheng
Songcheng, a former counselor at the People's Bank of China (PBOC). Growth in
2018 is likely to slow to 6.2% in 2019 after 6.6% last year, the newspaper said
citing Zhu Baoliang, director of economic forecasting at the State Information
Center.
     China's State Council executive meeting on Wednesday introduced a series of
tax cuts for small businesses amounting to CNY200 billion each year for the next
three years, according to a statement on the government's website late
Wednesday.
     The People's Bank of China (PBOC) will establish an incentive-based
mechanism to encourage banks to actively boost lending to the real economy,
instead of using administrative measures like setting targets or assigning
orders, Xinhua News Agency said citing the central bank's Governor Yi Gang. The
PBOC will try to channel liquidity into the real economy from both supply and
demand sides, including taking measures to help banks' top up capital, Xinhua
said citing Yi.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MBQ$$$]