MNI China Press Digest, Jan 22: Infrastructure, Investment

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

on Tuesday:

     China's infrastructure investment growth is expected to rebound to around

6% in 2020 helped by the increased and accelerated issuance of local government

special-purpose bonds, the China Securities Journal reports. Citing a report by

Shenwan Hongyuan Securities, the Journal says the scale of special bond issuance

could expand to CNY3-3.2 trillion this year with the aim of stabilizing

investment growth in the short term. 

     China will further relax market access for foreign investors and continue

to reduce the "negative list" which lists banned areas for foreign investment,

according to a report by Xinhua News Agency. Citing Vice Premier Han Zheng, the

report said China will increase imports of goods and services, lower tariff

levels, and cut administrative costs during the import process. 

--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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