China boast 80% of world’s unicornsSince the term “unic

icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio n or more, the number of companies matching this label has mushroomed to 326, according to a report. The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019. The total valuation of the 326 unicorns has been raised to $1.1 trillio n by investors, of which almost 30 …

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it its lowest level since November. Trade talks betw

ween China and the United States recently faltered and a large amount of additional tariffs are expected to be imposed on imports from both sides. China will take necessary measures, in response to foreign exchange market flu ctuations, including using a strengthened risk management system, said Pan. He also stressed that authorities would crack down on illegal activities in foreign exchange trading. “China has sufficient policy tools,” said Pan, who is also director of th e State Administration of Foreign Exchange, the country’s foreign exchange regulator. The PBOC vice-governor also confirmed on Sunday that China will continually implement opening-up policies …

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With 1,000 days to go before the 2022 Winter Olympic

 preparations are well underway for a successful and sustainable event. Built for the 2008 Summer Games, Olympic Park in Beijing’s no rthern downtown area entered the spotlight again on Friday as the country began its cou ntdown. The 2022 Winter Olympics, will be held in Beijing and co-host Zhangjiakou in adjacent Hebei province. As the symbolic “1,000” flashed on a digital clock on the park’s Linglong Tow er, a broadcasting facility for the 2008 Games, expectations were heightened f or the winter sports extravaganza, which will run from Feb 4 to 20 in 2022. Three zones will feature ath letic …

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Usually, when we have become established in a second

tier city, we will expand to neighboring lower-tier cities. For example, we have developed ve ry well in Xiamen (Fujian province), and based on this we will expand to smaller cities nearby,” he said. About 70 percent of small-town youths live from paycheck to paycheck, and most of their money goe s on household items, luxuries, entertainment and travel, according to a report on this age group rec ently released by the Central Committee of the Communist Youth League of China. “They also like quality products, good brands and are interested in being trendset ters,” said Sun Hongyan, a researcher …

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A purported doctor who goes by the alias Dahanc

chengxiang recently wrote a WeChat article saying he often encountered patients who fell for the fake adverti sements, wasted money and treatment time and thus missed the opportunity to be cured. The netizen also strongly opposed Li’s nomination shortly after the announce ment, saying in an article that Li was morally unqualified because of Baidu’s insufficient regulation of adver tising. The article went viral on social media but was removed over complains of libel by Baidu. Li would not be the first controversial engineer to become an acade mician, which carries perks such as stipends and medical se rvices. In …

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Such a personal goal can be seen, to a certain extentas a

microcosm of the national aspirations of both of their countries to gain a place in the global space arena via the cooperation and assistance of China. Chea and Moreno Pena are part of a training program hosted by the China Academy of Space Technology. The idea is to train a small group of elite foreign students to become s pace industry engineers capable of developing and manufacturing satellites on their o wn, thus enabling their countries to build their respective space industries and explore space. Eight people are taking part in the program, which began in March 2018-two Ve nezuelans, …

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However, once the fish got into the river and lake sys

systems, they flourished. Decades later, the Asian carp population has grown to such an extent that it is creating an ecological disaster, crowding out other species competing for rich food sources in waterways. “The Asian carp is an important fish. It’s anThe newly established International Fish eries Industrial Park, which opened on April 12 in Wickliffe, a town of 700 people in Kent ucky, is a public-private partnership aimed at reducing local Asian carp populations while creating a zero-wast e food production chain. incredible species and has been domesticated in Asia for more than 2,400 ye ars,” He said. “We …

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Democrats have accused Barr of misleading Congre

ss by testifying in April that he did not know whether Mueller agreed with his initial characterization of the report – failing t o mention a March 27 letter from the special counsel complaining that Barr’s initial public summary did not “ful ly capture the context, nature and substance of this Office’s work.” Several Democrats have called on him to resign. Nadler had set a Wednesday deadline for Barr to hand over the unred acted report and its underlying evidence. Barr canceled his testimony after clashing wit h Nadler over the hearing’s format. Nadler said he will move forward with …

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kely to attract millions of people across Chin

to skiing, skating and other winter sports, which in turn will promote more national and int ernational winter sports events. With the aim to better develop winter sports, governments at all levels shou ld issue policies to encourage more people, in particular, teenagers, to follow and play winter sports. Besides, the government should learn from the experiences of Nordic countries how to increase the popularity of winter sports. Li Hai, director of the School of Economics and Management, Shanghai University of Sport Concerted efforts to develop winter sports Winter sports have become increasingly popular in recent years, especially after China …

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New films features scenes featuring iconic French cathedral

Chinese romance which opened across the country on April 19, has some scenes shot in Paris, including the Notre Dame Cathedral. The film, directed by Huo Jianqi, a renowned figure among China’s “Fifth Gene ration” directors, features supermodel-turned actress Du Juan and actor Chen Xiao. During a recently promotional screening, director Huo says the film examines the meaning of love and marriage. In the movie, there are several scenes featuring the lovebirds shown against the backg round of the Notre Dame Cathedral, which was damaged in a fire on April 15. The film, based on a short story penned by …

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