MNI China Press Digest, Sept 11: Finance, Open-up, Risk Proof

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

on Wednesday:

     A basket of new measures to support commercial bank lending to

manufacturers and SMEs is expected soon, Economic Information Daily reported on

Wednesday. The Daily said the policies were designed to encourage commercial

banks to use more innovative tools to supplement capital through multiple

channels. Structural monetary policy tools would continue to provide precise

support for private, small and micro enterprises, the report said.

     China's is committed to creating an international market-oriented,

rule-of-law business environment and was continuing to open its markets, Premier

Li Keqiang said on Tuesday. Li made the comments during a meeting with US

representatives attending the China-US Entrepreneurs' Dialogue. As reported by

CCTV news, Li said China's manufacturing industry had been fully liberalized and

the opening of the service industry was accelerating.

     The China Banking and Insurance Regulatory Committee (CBIRC) will focus on

financial risks and continue to crack down on illegality, according to a Wind

report on Wednesday. Wind cited Guo Shuqing, chairman of the CBIRC, who said the

committee would also address systemic risks in the financing of the property

market.

--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com

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

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