PRESS DIGEST - China - Aug 21
SHANGHAI, Aug 21 (Reuters) - Chinese newspapers in Beijing and Shanghai carried the following stories on Friday. Reuters has not checked the stories and does not vouch for their accuracy.
CHINA SECURITIES JOURNAL
- China's economy could grow above 7 percent in the second half of 2015 and the country has the capacity to keep its economy growing at between 7 percent and 8 percent in the next five years, said Lian Ping, chief economist at the Bank of Communications.
SECURITIES TIMES
- China's securities sector has replenished a total of 693.6 billion yuan ($108.59 billion) via enlarging share capital and issuing subordinated bonds so far this year, according to the newspaper's calculations.
SHANGHAI SECURITIES NEWS
- Over 200 company secretaries have resigned from China-listed firms since January this year. In comparison, only 90 resignations were counted during the bull market in the first half of 2014.
- Bank of China expects to provide up to 100 billion yuan in credit for "One Belt, One Road" projects over the next three years, the general manager of its finance department, Huang Danggui, said.
CHINA DAILY
- The total value of merger and acquisition deals completed in China in the first six months of the year surged 60 percent to $352 billion, the paper reports.
SHANGHAI DAILY
- Security at two of Beijing's rail stations has been tightened ahead of August's military parade, in order to prevent anyone from smuggling dangerous items onto trains headed for the Chinese capital, police said.
For Hong Kong and South China newspapers see..... ($1 = 6.3875 Chinese yuan) (Reporting by Chen Yixin and Brenda Goh; Editing by Biju Dwarakanath)
