PRESS DIGEST -China - Nov 6

Reuters

SHANGHAI, Nov 6 (Reuters) - Chinese newspapers available inBeijing and Shanghai carried the following stories on Wednesday.Reuters has not checked the stories and does not vouch for theiraccuracy.

SHANGHAI SECURITIES NEWS

- Wu Jinglian, senior research fellow for the State CouncilDevelopmental Research Centre, said he expects a major reformbreakthrough at the upcoming 3rd Party Plenum.

CHINA SECURITIES JOURNAL

- For the first three quarters of this year, the net profitof 19 Chinese listed brokerage firms rose 35.44 percentyear-on-year to 19.8 billion yuan ($3.25 billion), in part dueto an income increase in asset management business.

- Carbon markets in Beijing, Shanghai and Guangdong areexpected to start trading by the end of this year to reduce theoverall cost of emission reduction and thereby reduce emissions,said Xie Zhenhua, vice-director of the National Development andReform Commission, on Tuesday at a conference.

CHINA DAILY

- China's top climate negotiator has said he expects Chinesepollution to ease in five to 10 years.

CHINA BUSINESS NEWS

- China's CPI in October is likely to increase by 3.2percent year-on-year, according to a survey of 20 economistsconducted by China Business News.

PEOPLE'S DAILY

- After 30 years of rapid development, environmental issues,such as air pollution have become not only economic and socialproblems, but a political issue, said a commentary in the paperthat serves as the government's mouthpiece.

SHANGHAI DAILY

- Sellers of Gannan navel oranges from Jiangsu provincefalsely labelled their fruit as imported from Australia or theU.S. after domestic sales tanked on reports they containedcancer-causing chemical dyes, according to official statements.

For Hong Kong and South China newspapers see.....

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