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 percent is made up by the top seven unicorns with hig

hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.

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Some foreign entities have violated the market princ

nciple and spirit of contract and taken measures to block Chinese companies for non-commerci

al purposes, threatening the safety and benefit of China as well as the global industrial chain.”

“To fight trade protectionism and safeguard China’s national securit

y and legitimate interest of the public, China has decided to make such a list,” Gao said.

The ministry will disclose more details regarding the list in the near future, Gao said.Starting his seco

nd term in office, Indian Prime Minister Narendra Modi has proposed a second China-India infor

mal summit in Varanasi later this year. Varanasi is not only a culturally important city for Indians and one of the olde

st cities in the world but also the constituency that elected Modi to parliament.

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5G is not just a faster 4G. It will fundamentally reshape

 how enterprises run businesses and overhaul a wide range of industries by using data to create more value,” Lu said.

Greater access to China’s financial sector will encourage global investors and dispel the gloom clouding the global econo

my amid Beijing’s trade tensions with Washington, according to senior officials and economists.

Chinese financial regulators are preparing a comprehensive opening-up, with more new measures in the pipeline. Forei

gn institutions with advanced performance in risk management, credit rating, consumer finance, endowments an

d health insurance are especially welcome, senior officials stressed over the weekend.

The opening measures will offset part of the negative impacts of trade friction on economic

recovery, and enable China to reach its GDP growth target of above 6 percent this year, they said.

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He added that the Prism event and Alstom case have show

n a written instruction released on Friday, President Xi Jinping called on society to ca

rry forward the spirit and dedication of 95-year-old war hero Zhang Fuqing as China forges ahead in the new era.

Xi is also general secretary of the Communist Party of Chin

a Central Committee and chairman of the Central Military Commission.

Zhang, a native of Shaanxi province, behaved courageously in the Liberation War in 1948, repea

tedly achieving military glory. He retired from active service in 1955.Over the following dec

ades, he kept his battle achievements a secret, even from his children. His story was made public at the end of last year, a

s information about veterans nationwide was being collected by the authorities.

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Another major problem is that the return on equity in the

infrastructure sector is a mere 3 percent while that in the US capital market is about 12 percent. So how can the US attract more private capital to the infr

astructure sector without guaranteeing a return on equity equal to that in the capital market?

US suffering from a financial Dutch disease

The US’ monetary hegemony is itself a big impediment to the reindustria

lization process, which could be viewed as a sort of financial Dutch disease-the apparent causal

relationship between the increase in the economic development of a specific sector and a decline in other sectors. The mor

e heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k

een on strengthening the stock market to showcase his political and economic track record.

Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly redu

ce the trade deficit with China and deny Chinese investors access to its market all at the same time.

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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 events — downtown Beijing, the city’s northwest Yanqing district and Zhangjiakou’s mountain district Chongli.

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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 consume more Asian carp than any

other fish … We eat more silver carp than tuna and salmon combined.

“It is a problem here, but it’s not garbage, it’s a gold mine,” He said,

adding that in China, Asian carp processing is a $10 billion business.

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In order to improve the business environment, the Chi

ese government has launched a series of measures to continually reduce burdens for taxpayers, an

d the annual plan for 2019 is to cut 2 trillion yuan ($300 billion) in taxes and fees.

“Effects have been seen recently. In the first two months, 182.85 billion yuan in taxes and fees were furth

er reduced,” Wang said. “The Chinese tax authority will do all it can to achieve the target.”

“International tax cooperation is not and has never been easy. But we

do need a multilateral approach,” said Vitor Gasp

ar, director of the Fiscal Affairs Department at the International Monetary Fund.

“BRITACOM has a role to play in fostering a multilatera

l cooperation approach to taxes, and it can help tax adm

inistrations share best practices and build a foundation for cooperation,” Gaspar said.

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The report also found out that in the choice of prope

perty, unlike men, women showed stronger preference to those that were close to premium education resources and transport infrastructure.

The changing trend has to some extent affected the marketing strategy of some property developers. Liu Ce, research direc

tor of Kaisa Group Holdings Ltd, a Hong Kong listed property developer, said the look of the property, inc

luding interior design and views, was becoming an important factor, while location and price were less decisive.

“The gender gap in the workplace is shrinking. Thus more women are financially capable of buying properties on th

eir own, especially those living in first and second-tier cities,” said Pan Helin, an economic commentator.

He said as the divorce ratio remained relatively high, owning property provided a sense of security for women.

“Growing salaries of women professionals have changed their perceptions about marriage,” he added. “More

women have come to realize the importance of having their own place and gaining independence.”

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Baidu match the latest road test report by the Calif

 km on all kinds of road conditions with no accidents, presenting the leading position of Baidu’s Apollo system.

The results of Baidu match the latest road test report by the Califor

nian Department of Motor Vehicles in the United States in February. They show that t

he Apollo system helped cars travel up to 29,117 km in 2018, a growth of 818 percent from the previous year.n addit

ion, Baidu’s test fleet traveled some However, since China has more complicated driving and road conditions than

the US, the DMV report has its limitations in terms of testing China’s autonomous cars. The main items tested by the

DMV include the total miles traveled and the miles per intervention, which means the frequency of manual takeo

vers. According to auto portal Gasgoo, the miles per intervention is an important technical index measuring the com

pany’s technology research and development. It is not a gauge for compariso

n among the enterprises, since the complexity of the cars and road conditions varies. k

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