The influence of Alibaba founder Jack Ma endures, even though he stepped down from one of the world's largest e-commerce businesses this September.
The housing provident fund is a long-term housing savings plan made up of compulsory monthly deposits by both employers and employees. It can only be used by employees on house-related expenses and, if unused, is returned to them when they retire or stop working.
The institutions, including libraries, museums and art galleries, will set up management councils composed of employees, experts and public representatives as their top decision-making bodies, the Ministry of Culture said on Wednesday.
The inclusion into the MSCI index was just a beginning for China's capital market to connect with the outside, said Shenwan Hongyuan Securities analyst Gui Haoming, who anticipated it to force authorities to implement more market-oriented reforms to meet overseas investors' demand.
The infusion is expected to accelerate the company's expansion into catering outlets and retail chains worldwide.
The immersive dining room in the southern Chinese city's B. Park restaurant, opened on Oct 1, making it the second of its kind in the world produced by teamLab, an interdisciplinary collective that gathers more than 400 professionals from various fields to create installations combining technology and art.
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The index incorporated the transport volume of passengers and cargo of various transportation means such as railways, highways, waterways and civil aviation.
The initiative "is a great concept and will benefit Asian nations tremendously in terms of connectivity, trade and infrastructure", he said.
The idea was applied to its more than 10 attraction development projects, including Qiandao Lake in East China's Zhejiang province and Jiuzhai Valley in Southwest China's Sichuan province.
The index is composed of inventory, market demand, dealerships' finances and compiled surveys of dealers' purchases, sales and stock.