Beijing-Tianjin-Hebei regional development index continues to rise

21:24, November 06, 2019

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  MSCI index weight rise to bring more fund inflows to China A-shares

  BEIJING, Nov. 8 (Xinhua) -- Global index provider MSCIs latest move to further increase the weighting of China A-shares in its equity indexes is expected to bring more funds into the mainland stock market, according to estimates from a Chinese investment bank.File photo: VCGMSCI announced Friday (Beijing time) that 204 China A-shares, 189 of which are mid caps, will be added to the MSCI China Index and the inclusion factor for 268 existing constituents will be increased from 15 percent to 20 percent.China A-shares will have weights of 12.1 percent and 4.1 percent in the MSCI China and MSCI Emerging Markets Indexes, respectively, after the adjustment. All changes will be effective after the market closes on Nov. 26, according to MSCI.The new increase of weighting in the widely tracked indexes will draw another 35 billion to 40 billion U.S. dollars of funds to the A-share market, according to China International Capital Corporation.It believes the additional fund inflows after this adjustment will be 50 percent to 70 percent larger than the amount of funds attracted after the previous two weight increases.MSCI announced in March a three-stage plan to increase the inclusion factor for China A-shares in MSCI indexes from 5 percent to 20 percent, seen as a recognition by international investors of Chinas progress in reforming and opening up its capital market.

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  Tianjin University develops world's first completely soft robot

  Researchers at Tianjin University have developed a new type of robot that combines flexible electronics with liquid droplets - the worlds first fully soft-bodied robot, and is expected to become a promising advance for the development of flexible electronics industry and implantable medical devices, China News Service reported on Monday.A robot offers services at the State Grid service hall in Tongling, East Chinas Anhui province, on Aug 22, 2018. (Photo: VCG)Inspired by biological organisms, such as jellyfish, that possess soft mechanics and comply readily with external forces, the liquid droplets with the functionality of flexible electronics and techniques uses droplets as carriers for flexible devices. They possess similar mechanics as the soft organs and supply sophisticated functions that have been demonstrated for sensing, displaying, computing, and energy harvesting and storage.The research, carried out by a team led by Professor Huang Xian from the Department of Precision Instruments of Tianjin University, was recently published in the science journalAdvanced Science.Compared to existing soft robots, which still rely primarily on rigid components and circuits, the new robot based completely on soft matters has an advantage that it can withstand large deformation through reversible shape shifting. The liquid droplets may improve mobility of flexible electronics, allowing flexible devices to perform tasks in different locations and environments.It also features autonomous perception and control capabilities, allowing potential applications in environmental monitoring, molecule analysis, drug assessment, and chemical synthesis.

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  Beijing criticizes jurisdictional moves by New Delhi in boundary region

  Beijing slammed on Thursday New Delhis inclusion of part of Chinas territory into its administrative jurisdiction, saying the move is unlawful.Photo: ICChina is strongly dissatisfied with and firmly opposes Indias announcement of establishing the so-called Jammu and Kashmir Union Territory and the Ladakh Union Territory, Foreign Ministry spokesman Geng Shuang said at a daily news briefing.The Jammu and Kashmir Reorganisation Act, 2019, reconstitutes the state of Jammu and Kashmir into two union territories, one to be called Jammu and Kashmir, and the other Ladakh, where the western sector of the China-India boundary is located."India has challenged Chinas territorial sovereignty by unilaterally changing its domestic laws and administrative division. Such a practice is illegal and void," Geng said, adding that it will not change the fact of Chinas actual control of relevant regions.China urged India to respect Chinas territorial sovereignty, abide by relevant bilateral agreements, take practical actions to safeguard peace and tranquillity in border areas and create conditions to properly resolve boundary issues, he said.The eastern, central and western sections of the China-India boundary have remained a source of disagreement.China and India have been in negotiations to resolve territorial disputes in recent years.The spokesman also noted that Chinas position on the Kashmir issue is consistent and clear.This issue is a dispute left over from history and should be properly resolved in a peaceful manner in accordance with the United Nations Charter, relevant Security Council resolutions and bilateral agreements, he said.He called on relevant parties to handle disputes through dialogue and consultation to maintain regional peace and stability.On Aug 5, India issued a presidential decree that revoked Article 370 of Indias Constitution that grants special status to the India-controlled Kashmir region. The government remov...