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BEIJING, Aug 1 Asia Pulse - Highlights of today's newspapers:
PEOPLE'S DAILY
- China's Ministry of National Defense gave a grand reception in the Great Hall of the People in Beijing on Thursday to mark the 76th anniversary of the founding of the People's Liberation Army (PLA).
- A frontpage commentary stressed the key role of the Communist Party of China in leading the Chinese people to build socialism with Chinese characteristics and to win greater victory in the reform and opening to the outside world and in the great cause of modernization drive.
- The Chinese government has called an indefinite suspension of applications to establish or extend land development zones, and warned those responsible for illegal developments will be severely punished.
PEOPLE'S DAILY (overseas edition)
- The trade volume between China's mainland and Taiwan surged 25.7 per cent year-on-year to reach US$17.29 billion in the first five months this year, according statistics from Taiwan's economic authorities.