Browsing: 贵族宝贝

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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Beverages, which used to focus on flavor, have als

so aimed to forge a connection to health. Concepts such as vegetable protein drinks,

MCT, or medium-chain triglyceride, and dietary fiber were unveiled. Riding the wave of nationwide phy

sical fitness, sales of snacks with less sugar and no sugar also showed an obvious increase.

Unique and distinctive snack food is enjoying growing popularity among young people born a

fter 1995, who pay more attention to innovative taste, unique design and clever names.

The Chinese snack industry has entered a fast lane of development. Its gross output value is

expected to grow by about 20 percent a year, hitting 3 trillion yuan by 2020, the report 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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US President Donald Trump, in the name of “national sec

urity”, signed an executive order on May 15 that led the US Department of Commerce to put Huawei and its affilia

tes on an Entity List, which would restrict the sale or transfer of US technologies to the company.

Craig Allen, president of the council, said many of its members are suppliers to Huaw

ei, and all of them have been impacted by the Department of Commerce’s move.

Founded in 1973, the council represents around 200 US companie

s doing business with China, including Apple and Microsoft. It also includes chipmakers Inte

l and Qualcomm, which have said they would stop offering supplies to Huawei until further notice.

The members will follow US law, but there is a cost associated with that, Allen told China Daily.

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ery likely so. Only things may not go the way Wash

If they wanted a replay of what happened to ZTE, a Chinese company which relies heavily on outsider

technologies, they may never see it. Because Huawei is a dramatically different kind of business.

The Plan B Huawei has just revealed — a series of self-developed chips — is only part of what makes it an enterprise of strategic insight, and hence resilience. Over

time, that insight has rewarded it with a viable biosphere that its founder Ren Zhengfei believes will enable it to weat

her the storm. “Our growth may drop a bit in the wake of US restrictions, but negative growth is impossible,” said a confident Ren during a Tuesday inter

view with Chinese media, adding that Huawei has cultivated longstanding trust with industry partners.

That may be why, even after Google barred Huawei from some Android featur

es, Ren spoke highly of the Silicon Valley giant, praising it as a “good company”. That may

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attracting talents and capital. This in turn prompts the autho

rities to introduce more favorable policies and regulations for the enterprises bas

ed in the US, which is essentially a combination of representative democracy and market econ

omy. Under such circumstances, how can the US promote sustainable reindustrialization?

Besides, reindustrialization is not possible without rebuilding or strengthen

ing infrastructure facilities. And although the US leader has been claiming to implement a trillion-dollar infrastructure

plan-and even made it one of the pillars of his “Make America Great Again” campaign-not much has come of it.

Another major problem is that the return on equity in the infrastructure sector is a mere 3 percent w

hile that in the US capital market is about 12 percent. So how can the US attract more private cap

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

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Huawei said in a statement on Thursday that restricting t

 company from doing business in the US will not make the US more secure or stronger.

“Instead, this will only serve to limit the US to inferior, yet more expensive alternatives, leav

ing it lagging behind in 5G deployment and eventually harming the interests of US companies and consumers.”

The company said it is ready and willing to engage with the US government to come up with effective measures to ensure product security.

In response to the ban on Huawei buying parts from US companies, the company said such a deci

sion will “do significant economic harm to the US companies with which Huawei does business, affect tens of t

housands of US jobs and disrupt the current collaboration and mutual trust that exist in the global supply chain”.

Wang Peng, deputy head of the China Center for Information Industry Development, said the new US moves will disrupt the whole global electronics in

ustry and hurt a string of US companies that supply chips and other components to Huawei.

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He visited China for the first time in 2001, where he noticed tha

“It’s such a difference visiting today to see so many different animate

d productions being done in China. Chinese writers, directors and animators ha

ve really jumped into rich storytelling and created really fascinating worlds that the global audience will enjoy seeing,” he says.

Over the past eight years, D’Ambrosia has overseen production of such popular Disney Junior’s shows such as the Emmy Awar

d-winning Sophia the First and The Lion Guard, which is based on Disney’s Oscar-winning 1994 film The Lion King.

Speaking about the key to appealing to children aged between 2 and 7

, he reveals that the tales his team creates are built on down-to-earth research.

“We actually do go into preschools and talk to children about the stori

es and the characters. So we find their words very valuable and adapt our stories to make su

re that they not only comprehend the stories but also relate to the aspirations of the characters,” says D’Ambrosia.

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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, two Pakistanis, one Cambodian, one Russian, one Belarusian and one Kazakh.

“I am the first-ever Cambodian studying spacecraft knowledge,” Chea told

China Daily recently at the Shenzhou Institute, which is run by the academy.

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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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