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Morning Wrap: Top Stories in the Chinese Press - Sept 11

Sept 11, 2013
Translated by Tian Shaohui Pang Lei

Keep reading below for translated digests of some of the stories being reported by mainland Chinese media outlets today.

Report on China's Floating Population
Southern Metropolis Weekly
China had a "floating population" of 236 million in 2012, according to a report released by the National Health and Family Planning Commission (国家卫生与计划生育委员会) yesterday. The report said that the average age of this group of people who choose to travel across the country to work was 28.
Original article: [Chinese]

Cities in Guangdong Seek Permission to Establish Private Banks
Shanghai Securities News
Guangzhou, Shenzhen and Jieyang, three cities in the southern province of Guangdong, have submitted applications with the China Securities Regulatory Commission (CSRC) seeking permission to establish private banks. Guangdong province is pushing forward with financial sector reforms following new regulations being announced by the State Council at the start of July.  
Original article: [Chinese]

Shanghai Free Trade Zone Plan Could be Unveiled as Early as this Week
Shanghai Securities News
The overall plan for the already-approved Shanghai Free Trade Zone has already been completed and could be officially released as early as this week.
Original article: [Chinese]

Report into Deadly Explosion at Shandong Factory Released
Economic Observer
The deputy mayor of Jinan is one of 32 people who will be held accountable for an explosion at an explosives factory in May that killed 33 people. Yesterday, China's State Administration of Work Safety released a report into the accident which occured at a plant owned by Poly Explosives (Jinan) Co., Ltd. in the city of Zhangqiu. The report said that 11 individuals are facing criminal prosecution, including the general manager and chairman of the company.
Original article: [Chinese]


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