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FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur
day that it will add Chinese A shares to its widely-tracked global benchmarks next month.
The addition will be officially effective after the close of share markets on June 24.
According to the plan of FTSE Russell, this move marks the first stage of incorporatin
g Chinese shares into its indexes. In this stage, 1,097 Chinese stocks, or 20 percent of A shares, will be bro
ught into the indexes, drawing an expected $10 billion from passive investors.
FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.
months of 2019, up 6.4 percent year-on-year, according to data released by the National Bureau of Statistics.
Xinjiang is the last province to release its local GDP figures. During the
first quarter, Xinjiang’s GDP reached 217.77 billion yuan, up 5.3 percent year-on-year.
In terms of GDP growth rate, a total of 17 regions saw their GDP numbers exceed the “nation
al line” of 6.4 percent. Among them five came from the eastern region and six each from central and western areas.
All the top three came from China’s western area. Yunnan province posted the fastest
growth rate of 9.7 percent year-on-year, followed by Guizhou (9.2 percent) and Tibet (9.1 percent).
The bottom three are Jilin province, Tianjin municipality and Heilongjiang pro
vince, Jilin province, with a growth rate of 2.4 percent, was the weakest performer.
arrived in Japan for a state visit that will make him the first world leader to meet the country’s new emperor.
Trump and first lady Melania Trump arrived Saturday aboard Air Force One after a 14-hour journey. The president was h
eading to a dinner with business leaders at the US Ambassador’s residence in Tokyo after a brief airport welcome.
The visit is part of a continuing charm offensive by Japanese Prime Minister Shinzo
Abe that analysts say has spared Japan from far more debilitating retaliatory action by Trump.
The president has refused to lift the threat of slapping potentially devastating US
tariffs on imports of Japanese autos and auto parts on national security grounds.
US tariffs against Japanese aluminum and steel remain.
n Tuesday afternoon, Xi called for efforts to make new advances in the development of the countr
y’s central region. Xi presided over the meeting, at which he was briefed by the Party secretaries of Shanxi, Anhui, Jiangxi, He
nan, Hubei and Hunan provinces, as well as He Lifeng, head of the National Development and Reform Commission.
Promoting the rise of the central region is an important strategic decis
ion made by the CPC Central Committee, Xi said, adding that it has great significance in ac
hieving the goal of building a moderately prosperous society in all respects.
Xi said that although China is still in an important period of strategic opp
ortunity for its development, the country faces an increasingly complicated international situation.
ries boasting the concept, which originated in Japan, have sprung up in many cities includi
ng Shanghai, Xi’an, capital of Shaanxi province, and Shenzhen and Guangzhou, both in Guangdong province.
Kong Yanling is a big fan of singles-friendly restaurants. The 25-year-old unattached Xi’an res
ident remembers passing a Korean-style chicken restaurant a few years ago and deciding to drop in.
However, the waitress at the door told her the restaurant only served large, shared platters. Kong took the hint and left.
She has also found herself dining with strangers involuntarily when waiters have asked if she minded other people sharing her table.
“I don’t mind eating alone, but sometimes things like that really bugged me. I am ve
ry happy to see more singles-friendly restaurants appearing so there is more choice when eating out,” she said.