CITICS: Morning News 20081113
<p>China Headlines: </p><p>1. State Council Initiated Four Measures to Boost Demand, including Approving FAI Projects costing RMB 205.9bn, adjusting export tariff for certain products (China Securities News) <br/> Credit Support weren’t extended to Real Estate Sector among the measures. </p><p>2. China to raise export rebates to boost exports </p><p>3. Ministry of Housing and Urban-Rural Dev. Of PRC: Would Invest RMB900bn in the next 3 years in Policy-support house construction. (China Securities News) </p><p>4. M2 Growth slowed for 5 consecutive month at 15.02% in Oct., indicating slower economic activity. While RMB Loan in Oct. up by 14.58% y/y, 0.1%m/m. </p><p>5. Aviation Oil fee might be adjusted downward by the end of this year, according to officials at Civil Aviation Administration of China. </p><p>6. China's State Grid adds $400 mln to budget this year <br/> </p>页:
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