PRESS DIGEST-China - Dec 29

SHANGHAI, Dec 29 (Reuters) - Chinese newspapers in Beijing and Shanghai carried the following stories on Monday. Reuters has not checked the stories and does not vouch for their accuracy.

CHINA DAILY

- China has set a 6 percent growth target for foreign trade from about 7.5 percent in 2014, Commerce Minister Gao Hucheng said on Sunday.

CHINA SECURITIES JOURNAL

- About 70 percent of Chinese investors participating in a survey conducted by this newspaper believe China's stock market will continue its bull run next year.

- China will take more steps to push forward reforms at state-owned firms next year, said Chu Xuping, director of the research centre at the State-owned Assets Supervision and Administration Commission (SASAC), the ministry-level body that directly oversees China's 113 central government-controlled conglomerates.

SECURITIES TIMES

- China has 654 companies in the wait-list to launch initial public offerings (IPOs).

SHANGHAI SECURITIES NEWS

- Zhuang Xinyi, vice-chairman of the China Securities Regulatory Commission, said at a forum over the weekend that the stock markets watchdog will push forward IPO reforms aimed at replacing the existing approvals-based system with a registration-based one.

For Hong Kong and South China newspapers see..... (Reporting by Shanghai Newsroom; Editing by Biju Dwarakanath)

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