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Newtech,businessmodelscontribute70%ofnewurbanjobsChinesePremieronTuesdayurgedforeigncompaniestoreinvesttheirearningsinthecountry,encouragingthemtoexploregrowthoppebestinvestmentdestination,LisaidinakeynotespeechattheopeningceremonyoftheWorldEconomicForum"Summer"inthecoastalcityofDalian,NortheastChina'[foreignfirms]areimmersedinChina'seconomicdevelopmentandhavedevelopedstronglocalizationcapacities,and"if[they]reinvesttheirearningsinChina,theystandtogenerateevenmore,"hesaid,onalcorporations,andwillguideforeigninvestmenttowardthewesternpartofthecountryandtheoldindustrialbaseofNortheastChinawheretherearegreatpotentials,($)fromthesameperiodlastyear,,"The[Chinese]'sabigmarketwithopportunities,andwewillcontinuetoinvestinit,"GirishRamachandran,headoftheAsia-PacificregionofTataConsultancyServices,India'slargestITservicesfirm,saiditstodeepeneconomicreformsaimedatrebalancingtheworld'ssecond-largesteconomy,regardlessofdownwardpressure,marketwatcherssaid."China'seconomyisshiftingtowardconsumption-andtechnology-drivenenginesinsteadofmanufacturingandexports,"StephenCreamer,directoroftheAirNavigationBureauoftheCanada-basedInternationalCivilAviationOrganization,"domesticdemandhasbecomeanoutstandingpillar"'tfloodeditseconomywithstrongstimulusmeasuresinrecentyears,buthascontinuedrestructuringefforts,hesaid,vowingtocontinuewide-rangingreforms,,Lisaidnewdynami,whichisatthecoreofthedigitaleconomyandconsideredavitalcomponentofnewdynamics,iscreatinghugejobopportunitiesaroundcollectingandsortingdata,SunPishu,chairmanofInspurGroup,China'slargestservermaker,,astheeconomyreliesmoreoninnovation,anewbusinessmodelisinthemakingwithbigdatatransactionmakersovershadowingonlinemerchants,Sunsaid."AlotofnewtechnologiesaresproutingoutofChina,notonlyproductsbutalsosoftwareandservices,"JohnKilmartin,executivedirectoroftheBahrainEconomicDevelopmentBoard,'salsedroughly70percentofChina'snewurbanjobslastyear,addingthatnewtechnologiesandbusinessmodels,suchasonlineshoppingandbike-sharing,,,'

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Photo:XinhuaThefourthattempttohaveChinesemainlandstocksaddedtotheMSCIEmergingMarketsIndexhassucceeded,withtheNewYork-basedindexcompilergivingthethumbsuptotheadditionofyuan-denominatedsharesearlyWednesdaymorningBeijingtime."ThisdecisionhasbroadsupportfrominternationalinstitutionalinvestorswithwhomMSCIconsulted,primarilyasaresultofthepositiveimpactontheaccessibilityoftheChinaAmarketofboththeStockConnectprogramandthelooseningbythelocalChinesestockexchangesofpre-approvalrequirementsthatcanrestrictthecreationofindex-linkedinvestmentvehiclesglobally,"theindexproviders"InternationalinvestorshaveembracedthepositivechangesintheaccessibilityoftheChinaAsharesmarketoverthelastfewyearsandnowallconditionsaresetforMSCItoproceedwiththefirststepoftheinclusion."saidRemyBriand,MSCIManagincludedintheMSCIindexto222from169suggestedinthisyear'"MSCIincludeChinaALargeCapsharesofcompaniesthatalreadyhaveHshareequivalentsintheMSCIChinaIndex,"hencethechange."TheexpansionofStockConnecthasbeenagamechangerforthemarketopeningofChinaAshares."saidBriand."Whenfurtheralignmentwithinternationalmarketaccessibilitystandardsoccurs,sustainedaccessibilityisprovenwithinStockConnectandinternationalinstitutionalinvestorsgainfurtherexperienceinthemarket,MSCIwillreflectaaoverthepastyearswillcontinuetoaccelerate.""We'repleasedtoseetheinclusionofAsharesintotheMSCIindexandwelcomeit,"ZhangXiaojun,aspokesmanfortheChinaSecuritiesRegulatoryCommission,mplete,thespokesmannoted,addingthattheinclusionisacommercialdecisionbyMSCI,whichwon'tchangethepathofreformsinChina'sstockmarketanditsoverallfinancialsectortowardbeingmoremarket-oriented,,'needforAsharesandgivetheblue-chipstocksabitofalift,LiDaxiao,chiefeconomistatShenzhen-basedYingdaSecurities,,theinclusionofA-sharesintheMSCIindexwillalsohelpdriveuptheHongKong-listedshares,,it'snotverylikelyetsverymuch,becauseA-sharemarketsarestillveryclosedtodirectoverseasinvestment,DongDengxin,directoroftheFinanceandSecuritiesInstituteatWuhanUniversityofScienceandTechnology,toldtheGlobalTimes."IfAsharesareincludedintheMSCIindex,overseasinvestorswhowanttobuyAsharescanonlydosoviatheQFIIprogramorthestockconnectprogramswithHongKong,,theamountofoverseascapitalthatwillflowintomainlandmarketswillbeverylimitedcomparedwiththesizeofthemarkets."Still,itisbelievedthatthemoveisapreludetoalongerlistinyearstocome,anditwillactasaspurfordeeperreforminChina'xpandfromthecurrent222toabout300,kmarkets,makingtheinvestmentclimate"moremature"d,theirlevelsofinternationaliz,IPOsarestillsubjecttogovernmentapproval,domesticinvestorsdonothavestronglegalprotections,andoverseascompaniescan'tlistinthemainland."InclusionintheMSCIindexwillhelpstimulatereformsinthosesectors,butit''shopeforthebest,",annualattemptstoachieveMSCIinclusionfailed,withtheindexprovidvestorsandbringmoreordertothemarketlaidthefoundationsfortheinclusion,ears,suchasstandardizingthesuspensionmechanismandbroadeningstocktradingmechanismssuchastheShanghai-HongKongStockConnectandShenzhen-HongKongStockConnect.

,almosttripletheamount...2017/6/2717:52:51ThenumberofmainlandenterpriseslistedinHongKongincreasedbyninetimesinthepast20years;...2017/6/2617:49:31Appleremoves45,000+appsfromiOSAppStoreinChinesemainlandover10days,1/3aregames2017/6/2218:51:..2017/6/2119:01:21China??sSunwayTaihuLight,Tianhe-2remainworld??smostpowerfulsupercomputers,followedbySwissPizDaint2017/6/2017:10:02China'simportedbeercontinuestogrowin2016,Germanyremainstoporigincountry2017/6/1918:38:58China??sHuawei,OPPO,VivoamongtopglobalsmartphonebrandsbyshipmentmarketshareinQ12017/6/1815:21:40HonorofKingsrevenuetopsglobaliOS&GooglePlaymobilegamingapplistforthefirsttimein...2017/6/1517:27:311/3oftheworld??spopulationisoverweight,UShashighestpercentageofyouthobesity,/6/1419:01:44China??sHubeicultivatesthemostcrayfish,US,Europeconsume80%/6/1318:30:15Chinainvests5timesmorethanIndiainAsia'ssci-techsector2017/6/1216:36:27Chinahometooverhalfoftheworld??slongestbridges2017/6/1119:15:51

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