China becomes second-largest source of ‘unicorn com

China has become the world’s second-largest source of “unicorn companies” accordi

ng to the latest report on China unicorn companies by the Evergrande Research Institute.

With 88 in total, China is the world’s second-largest source of unicorn compani

es following the US with 151. The report cited data from IC Insight gathered between 2013 and Dec 31, 2018.

Twenty-two companies worldwide were included as super unicorn companies in 2018 and C

hina’s Fintech company Ant Financial ranked first in value worth $150 billion, the report said.

The US and China had the greatest number of new sup

r unicorns worth $10 billion last year with 12 and 7 respectively, accounting for 86.4 percent of

the world’s total. The UK, India and Singapore had one of these companies each in the same period.

New energy vehicles, artificial intelligence chips, robots, big da

ta, computer vision and cloud computing are the main areas for these emerging unicorns.

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Her remarks were based on a Deloitte research, named

Deloitte Industry 4.0 Readiness Report. The research surveyed more than 2,000 global executives and public sector leade

rs in 19 countries, including about 130 from China, about how they are prepared to embrace the revolution.

According to the report, the revolution-which features the booming new technologies and th

e combination of them-has a big opportunity to positively change the world, but has also posed great

challenges. To thrive in the future, Hook believes businesses should strengthen cross-border cooperation and pri

oritize diversity and inclusiveness in corporate cultures-all to maximize the ideas and angles to tackle the challenges.

A key part of achieving diversity is to close the gender gap in bu

siness leadership, which is especially large in the Asia-Pacific region, including China.

According to a report from McKinsey Global Institute released last

year, slightly less than four women held leadership positions for every 10 men in bu

siness and politics, worldwide in 2016. The figure fell to one for four for the Asia-Pacific region, and one for five in China.

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Considering that the two accidents took place after ne

 Boeing 737 MAX 8s were delivered, and went down just minutes after taking off, within five months of each other, they have some degre

e of similarity,” the administration said in its statement. The administration grounded all Chinese Boeing 737 MAX 8 jets on March 11.

“With China suspending the airworthiness certificate for the Boeing 737 MAX 8, domesti

c airlines are unable to purchase this model,” Li said, adding that it will undoubtedly cause great economic losses to Boeing.

As of the end of January, the Boeing 737 MAX family had 5,011 orders worldwide, of which 3

50 had been delivered. More than 420 orders came from China, with 96 already in commercial operation.

The future of the commercial aviation market in China is very exciting, Li said, and no othe

r country has more demand for aircraft. But safety questions are hindering Boeing, Li said.

A Southwest Airlines Boeing 737 MAX 8 heading to the California desert for parking during a global ban of the aircraft m

ade an emergency landing on Tuesday due to an engine-related problem shortly after takeoff, according to the carrier.

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As a professional writer, Chu has interviewed dozens of peop

 from across the country who moved to Dali. She and her husband, who help organize activities

such as gardening, hiking and cycling for newcomers, have a big circle of friends who have relocated to the city.

“People have different reasons for leaving, ranging from the need to take care of elderly pare

nts who have stayed in their hometowns, to taking their children back to big cities for better education,” she said.

People are also leaving because after two or three years without work, they need to find paid employment.

In recent years, thousands of people have moved to Dali from big cities. The exact number is not kno

wn, but a rough estimate from the local government shows that about 40,000 newcomers are living in the city.

Many people decided to leave their jobs and move to Dali from large cities such as Beijing, Shanghai and Guangzhou, capital of Guangdong pro

vince, due to work pressures and surging property prices, which have been hotly debated nationwide in recent years.

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As the premises Wang operated were within the prote

e protection zone, which lies within 15 meters of the shoreline, they were demolished, and she

will be compensated by local authorities. However, Wang said she does not believe the money can make up for her losses.

She has debts of 3 million yuan – mostly borrowed from relatives and friends. She said she regretted moving to Dali to pursue an idyllic life.

While some are not happy that they moved, others are glad they made the transition from big-city life.

Yang Yi, 48, who operates a restaurant in Dali’s ancient walled city, arrived eight years ago fr

om Chongqing after falling in love with the city on a visit. He bought a house and settled down.

“I have traveled to a lot of places, both at home and abroad, but I was overwhelmed by the natur

al beauty of Dali, a place that can calm you. I feel this city is the most pleasant one I have been to, and it is where my heart is now,” Yang said.

For decades, many tourists have fallen in love with Dali’s beautiful weather, stunning mountains, lakeside scenery and vibrant ethnic culture.

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Schools and kindergartens reopened on Monday after the explos

ion forced their closure on Friday. Read moreAt the same time, rescuers were busy scrutinizing the c

hemical plants that were damaged in the blast in Xiangshui county of Yancheng city for possible toxic substance leaks.

The blast occurred on Thursday at the Tianjiayi chemical plant in Xiangshui county’s Chenjiagang Chemical Park, with a fire that spread to 16 enterprises nearby.n ur

gent notice issued by the Work Safety Committee of the State Council asked authorities related to safety production nationwide to strictly follow the i

nstruction President Xi Jinping made after the Thursday blast in a chemical industry park in Xiangshui county of Jiangsu.

The notice from the State Council, released on Monday, deployed a thorough examination on potential hazards of

dangerous chemicals across the country. All chemical industry parks should undergo safety risk assessments, it said.

Local safety production authorities should conduct careful inspections on nitration-rela

ted processing plants and enterprises that produce or store nitrated compounds, according to the notice.

Law enforcement in the sector should be intensified and not be a flash in the pan. “(We should) make the

law enforcement ‘bite’, and severely punish those enterprises and individuals that are indifferent to laws and lives,” the n

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That’s why, for China, the return of relics is not only of cultu

 cultural significance but also a matter related to national pride. And for the families that

owned them and lost them to foreign pillagers, the antiques are related to their family heritage.

The mission of recovering lost Chinese cultural relics will continue. In the past few years, pa

triotic Chinese businesspeople overseas have been buying relics that have been auctioned and d

onated them to national museums of the motherland. That’s a good move, but not the best solution.

The return of 796 cultural relics sets a good example because the Carabinieri Art Squad, an Italian police unit respons

ible for combating cultural relics-related crimes, has done a good job in recovering the relics. It is to be hoped th

at other countries and regions will learn from their example and help return Chinese cultural relics.

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Internet celebrities and some KOLs (key opinion leaders) shar

user experiences and give good ratings for some niche products, so consumers get to know the

m, and young consumers tend to consider such recommendations. But product quality and personal pre

ferences ultimately influence consumer decision whether or not to buy a product,” Wang said.

The Alibaba report stated that among people who searched online

using the keywords “hair loss”, nearly 80 percent were male consumers. The largest nu

mber of buyers of hair care products came from Guangdong, Zhejiang, and Jiangsu provinces.

Online searches for hair care and hair growth products fluctuate through the year. In Ma

rch, they tend to rise a bit; in August, they tend to surge, and peak in November, the report found.

Last year, sales of anti-hair loss products on Tmall, Alibaba’s e-commerce platform for established brands, soared 100 percent, according to Tmall.

For instance, Hairmax, a hightech comb that boosts hair growth through use of laser beams, wa

s launched last year. It proved to be one of the best-selling items during the Singles Day shopping festival on

Nov 11. An anti-hair loss shampoo made in France, priced 888 yuan ($132.50), sold out fast.

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In China, the incidence rate of insomnia is around 38 perce

and the market size of sleeping pills and sleep aids has exceeded 250 billion yuan, according to Frost & Sullivan data.

In the next few years, demand will grow, and the market for sleeping a

ids and medicine will likely emerge as an important sub-category of the sector that ma

kes sleep-related products. The sub-category is foreseen to continue to expand, Frost & Sullivan data showed.

The University of Cambridge on Monday confirmed that China’s gaok

ao, or the National College Entrance Examination, is regarded as a suitable preparation for Ca

mbridge, in response to inquiries on whether it recognizes gaokao scores in a post on its official Sina Weibo account.

The inquiries poured in after reports said that the University of Camb

ridge announced it has started to accept China’s gaokao scores for Chinese stud

ents wishing to apply for undergraduate study at the prestigious British university.

The university, however, said this is not something new, but a policy Cambridge has implemented for years.

According to application information on the university’s website, successful applicants from China will usually have score

s in the top 0.1 percent of those taking the gaokao in their province. Applicants’ individual subject scores and scores in th

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The vote will be held from 8:00 am to 5:00 pm local tim

 on Sunday. More than 51 million people are registered as eligible voters.

There are more than 90,000 polling stations across the country. The E

lection Commission expected that at least 80 percent of voters will cast their ballots.

Unofficial results will be unveiled about three hours after the polling stations close. Official results will be announced before May 9.

Thai King Maha Vajiralongkorn made a call for unity and happiness just 12 hours before the vote.

In the election, voters will choose 350 senators in the lower house. The new constitution all

ows parliament’s upper house, the 250-seat Senate, to vote with the 500-seat lower house to choose the prime minister.

Pro-military parties would probably need 126 seats in the lower House of Representa

tives to win a majority in a combined vote. Opposition parties would need 376 seats.

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