China home to over 200 unicornsReportcial Services Grou

China in 2018 had 202 unicorns valued at a combined total of $744.6 billion, according to a Greatwall Strategy Consultants report.

A unicorn is a privately held startup valued at more than $1 billion.

Seven of the companies are considered super unicorns – companies valued at more than $10 billion, the report said.

They are Ant Financial ($150 billion), Bytedance ($75 billion), Didi Chuxing ($60 bi

llion), Kuaishou ($20 billion), JD Digits ($20 billion), Cainiao ($20 billion) and Bitmain ($14.5 billion).

China’s unicorns come from 22 industries, with e-commerce, smart logis

tics, new entertainment, artificial intelligence, and new energy and smart vehicles the top five sectors.

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I’m afraid sometimes, without cooperation, what comeso

ut is confrontation,” said Solana, who is currently president of the ESADE Center for Global Economy and Geopolitics of Spain.

The senior politician and diplomat expressed concerns over the trade frictions between China and the United States, w

hich have conducted 11 rounds of trade negotiations, but have yet to reach an agreement.

The world’s two largest economies should engage in dialogue on an equal footing, Solana said.

“If they fail to resolve their trade problems, the global economy will start to suffer from this crisis,” he said.

In a global situation where protectionism and unilatera

lism are on the rise, a multilateral approach has to be maintained, he said.

Solana praised China’s hosting of the Conference on Dialog

ue of Asian Civilizations, and said this type of event could boost cooperation among different countr

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The reform and opening-up policies are exactly the kin

ds of market-driven reforms needed to make this happen. The Chinese government is investing heavily in research

and development, but it should be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

Nobody likes competition against themselves. So, it must be admitted that China’s transiti

on to a high-tech, high-value-added economy will come as a shock to many companies around the world.

The US economy, which has about 7 percent of GDP in high-tech manufacturing, will be lightly affected by this change.

On the other hand, advanced manufacturing contributes around 20 percent of GDP in South Korea, Japan, Ge

rmany and a few smaller European countries. They will be much more directly affected.

China’s transition over the next 10 years will not be painless for its compa

nies or for foreign competitors. But, reform and opening-up policies that create more com

petitive companies and markets are the only way to achieve a richer and more productive world economy in the long term.

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woman receive professional yoga training in Binzhou

On a warm spring afternoon, 28-year-old Ye Xiaoxian keeps her eyes glued to her comp

uter screen as she chats with female co-workers in an office in Hangzhou, Zhejiang province.

Her concentration is only broken when a colleague offers a plate of snacks.

“I’ve already eaten a chicken drumstick, three pieces of turkey bacon, a handful of potato chips, half a bowl of white rice and som

e walnuts. My thighs will swell if I eat these snacks,” Ye said, reluctantly pushing the plate away.

Her colleague, pinching Ye lightly on the forearm, replied: “Come on, you are not fat at all. I am the elephant in the room.”

But Ye, popping a slice of pineapple into her mouth, responded, “No, I don’t e

ven feel like eating dinner tonight and I really should renew my gym membership.”

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Wu Zhongliang, director of the administration’s Institu

itute of Earthquake Forecasting, said the experimental site will help form a

“united front” at the national and international level to work on earthquake forecasting.

Referring to earthquake forecasting as a hard nut to crack, Wu said t

he work cannot see marked progress just in a few days, but forecasting capability will be imp

roved as technology develops. “If it’s a war between humans and earthquakes, it’s us that will finally win,” he said.

Paul Tapponnier, a distinguished research professor a

t the administration’s Institute of Crustal Dynamics, said he “wholeheartedly” wel

comes the project. China boasts unique conditions to carry out the experiment as most of its earthquakes oc

cur “inside the land under the feet of the people” rather than in the ocean, and there are many active faults in the country.

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Other signs of a more vigorous Chinese economy wer

 also visible in the quarterly financial results, including an accelerated transition to innovation-based growth.

According to Wind Info, sectors like communication, non-banking financials and co

mputers topped the earnings growth of all sectors of the A-share market in the first quarter.

“The communication sector registered a 310-percent growth in profits in

the first quarter, bolstered by the acceleration of 5G infrastructure construction and the rec

overy of industry giant ZTE Corp,” said Wang Yi, chief strategist at Shenzhen-based Great Wall Securities.

In the future, as large-scale commercial uses of 5G are poised to take

place, profitability of related companies will continue to see improvements, he said.

Listed companies have also stepped up innovation capabilities. In 2018, Sh

enzhen-listed companies increased their aggregate research and dev

elopment expenditure by 22.3 percent, with 11.4 percent of them having R&D expenditure in excess of 10 percent o

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The plane bounced on the tarmac like a grasshopper and

burst into flames on the ground.”According to The Associated Press, the plane reportedly did not jettison fuel before th

e landing, as is common procedure. It was not clear why the crew did not do that.

Aside from the dead, nine people were hospitalized, three of them seriously injured, authorities said.

Russian President Vladimir Putin offered his condolences to the victims’ loved ones a

nd said the investigation into the disaster “should be as thorough as possible”.

The jet took off from Sheremetyevo at 6:02 pm local time and the crew issued a distress signal shortly afterward, officials said.

The aircraft’s black boxes have been found and handed over to investigators, the Russian Investigative Committee said on Monday.

In a statement, the committee said it is trying to determine the cause of the deadly plane fire and will consider the quali

fications of the pilots, the dispatchers and technical inspectors, Xinhua News Agency reported.

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There are more than 40 commercial fishermen dedi

cated to catching Asian carp in western Kentucky. The long-term prospects offered by ex

cessive numbers of the species are what Berry and Irwin are relying on to ensure work until they retire.

Berry said: “We want a bigger boat. From what we see out there, we confidently think we can catch

anywhere from 13,000 to 23,000 kg a day with a purse seine type of net. The schools of fish are massive.”

Once a school is located, a skiff encircles it with a purse seine

net. The lead line is then pulled in to close the net, preventing fish from escaping.

“The way we are fishing now, we start the net off at the bow of the boa

t,” Berry said. “But we are missing fish because we are not going fast enough.”

He said he and Irwin are saving and plan to reinvest all their money o

n equipment. A bigger boat would also help. They have to del

iver two to three times a day because the one they use can only hold up to 1,360 kg of fish.

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However, Li said as a business with a relatively low ent

ntry barrier, accidents can happen due to a lack of professional know

ledge. Indeed, many pet hotels provide fancy services such as pet swimming courses, but the qua

lifications of staff members are sometimes inadequate as the business is not strictly regulated.

Last month, a French bulldog drowned in a pet center in Quanzhou in Fujian province during a swimmi

ng lesson. The lack of basic knowledge to tell if the dog was struggling led to a tragedy that saddened internet users.

“It was heartbreaking news …before letting dogs swim, a simple health

exam is needed and its medical history should be checked. Dogs with epilepsy and car

diopulmonary problems should not be allowed to swim,” said Zhang Xu, a vet who owns a clinic in Hangzhou, Zhejiang province.

Even veterinary hospitals offering boarding services can be a problem in some cities like Beijing as current regulations prohibited them from doing so.

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The new visa-free policy will play a very activ

e role in promoting regional economic construction in the Guangdong-Hong Kong-Macao Great

er Bay Area and advancing cooperation between Guangdong and the neighboring Hong Ko

ng and Macao special administrative regions in the following years,” Lin said.Zhang Yimin, deputy director gen

eral of the Guangdong Department of Culture and Tourism, said the 144-hour visa-free policy will help make Gu

angdong, window of the country’s reform and opening-up, one of the major destinations for tourists from around the word.

He urged travel agencies and related units in the province to introduce more special tourist ro

utes with local features and offer even better services to foreign visitors. He suggested more foreign tou

rists tour and enjoy the rich Lingnan (South China) culture, cuisines and scenic spots.

The entry and exit and customs departments have now est

blished special channels in airports, rail, land and water ports and are preparing to help

foreign travelers through the procedures for 144-hour visa-free stays in Guangdong, he added.

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