Beijing, Jan. 13 -- China has revealed its first artificial intelligence (AI) model designed to analyze the impact of weather patterns on financial markets, marking a novel step in climate-aware risk management, the China Meteorological Administration (CMA) has said.
The model Shangji, or Stock, was jointly developed by the Shanghai-based Fudan University and the National Meteorological Information Centre. Its core function is to assess how meteorological factors influence asset pricing, offering a new tool for investment decisions and financial risk assessment, the CMA was quoted as saying by Science and Technology Daily on Tuesday.
Zhao Yanxia, a lead developer of the model and director of the CMA key open laboratory for financial meteo...