The upcoming Central Economic Work......>

CHINA PRESS: The upcoming Central Economic Work Conference is expected to set

the tone for next year's economic planning between "stabilizing growth,

structural reform and risk prevention", China Business News reported Wednesday,

citing Huang Jianhui, director of the research institute of China Minsheng Bank.

- The government will adopt a more proactive fiscal policy, continuing to

stimulate demand to prop up growth while deepening the supply-side reform, Huang

said.

- Huang thinks industrial activity will slow, while the service sector will

rebound and grow at around 7.8% y/y in 2019. M2 is likely to rise to about 8.5%,

as money supply could be further eased to support growth, Huang said, the paper

reported.