Chinese coffee startup Luckin Coffee will price its initial p

public offering at $17 per share on Nasdaq Stock Exchanges, CNBC reported on Friday.

This price is at the top of its expected range from $15 to $17 in a regulatory filing, indicating the value of the company at about $4.2 billion.

Luckin Coffee raised $150 million in the most recent Series B+ round of financing, lifting the B

eijing-based company’s valuation to about $2.9 billion, the company announced on April 18.

With the aid of new technology, Luckin Coffee provides customers convenient service with innovative business model.

“The old way is people looking for coffee. With us coffee finds the people,” Luckin Coffee’s Co-founder Eric Guo told CNBC.

As a representative of China’s new retail based on mobile app, Luckin Coffee, founded in 2017, has expanded at a rapid pace.

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We hope the exhibition, which lasts 162 days, will

l become a platform for people to experience natural beauty and t

o better understand, and then materialize, Xi’s wonderful ecological ideas.

When the sustainable developme

ustin Irwin anad James Berry took turns to steer their boat o

n Barkley Lake in western Kentucky, looking for Asian carp.

It did not take them long to spot a school of fish. Stopping the boat, Berry started to feed a 180-m

eter-long net into the water as Irwin maneuvered the boat to form the net into a large circle.

With the net in place, they then steered the boat in a circle, banging the hull with a wooden st

ick. Immediately, carp started to jump out of the water before splashing back in.

nt goals are firmly established in people’s minds, the significance of hosting the exhibition will have been achieved.

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Xi, citing the old Chinese saying “honoring a promise

carries the weight of gold”, pledged to install a binding mechanism for international agre

ements, to make sure governments at all levels operate in well-regulated ways, and to update laws and reg

ulations to abolish unjustified practices, keeping in line with the needs of opening-up.

“It is welcome news to hear that the National People’s Congress has

already taken steps to lay the groundwork” for implementing the new Foreign Inve

stment Law, said Gupta, who brought up the possibility of China establishing “an ombudsperson’s desk” in r

elated government agencies to address foreign businesses’ legal concerns.

Gupta said China’s Foreign Investment Law could be a model for others looking to liberalize their foreign investment re

gimes, as China’s BRI is already delivering capital and know-how to other developing countries.

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And the challenges of environmental protection and

And the challenges of environmental protection and climate change were add

ressed, including the need to enhance our cooperation to implement the Paris Agreement.

President Xi’s commitment to ecological development and the pursuit of harmony between man and nature are important st

eps. hope the message in President Xi’s speech is taken seriously by everyone constructing buildings, homes and roads in

China, and they do so in a way that respects nature and protects local ecology.

As leader of the world’s second-largest economy, people within the People’s Republic of Chin

a will take notice, as will those around the world, thus furthering the cause of ecological protection.

Xi will serve to inspire businesses and young people in China to join the cause.

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ut a careful survey by James Laurenceson, of the Austr

alia-China Relations Institute at the University of Technology Sydney, of media stori

es on the subject showed that, with about 130,000 Chinese students in Australia, there were a mere four incid

ents. And in not a single case was freedom of expression compromised or classroom discussion stifled.

Anti-China media stories focus on large campaign donatio

ns to Australian political parties by Chinese businessman Huan

g Xiangmo. But of the 300 companies in the Australia-China Chamber of Commerce, none donates to po

litical parties, and this includes investors in mining, banking, food and aviation ind

ustries. In fact, there is no pattern of donations from China swamping political parties.

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The prize includes two categories, theory and experiment

The 2018 laureates for theory are Juan Ignacio Cirac, David Deutsch, Peter Shor and Peter Zoller,

for their seminal theoretical work on quantum algorithms and physical architectures of quantum com

puters and simulators, while the experimental category prizes went to Rainer Blatt and David Wineland for pio

neering experiments that demonstrated fundamental elements of quantum computing with trapped ions.

The 2019 prizes were awarded to Charles Bennett, Gilles Brassard, Artur Ekert and Stephen Wiesner in the theory category for th

eir work on quantum cryptography, and experimental prizes went to Pan Jianwei and Anton Zeilinger for their grou

ndbreaking experiments that enabled practically secure and large-scale quantum communications.

The awards ceremony will be held on Sept 20, Luo said.

USTC has been leading the world’s quantum information science and techno

ogy development in recent years, with Pan’s team attracting enormous attention from home and abroad.

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Its partial loss is a terrible blow to a proud country

 and to the world more widely,” said Macfarlane, the King’s College historian.

A woman identified only as Marie, who has lived in Paris for 20 years, said: “This is a monument b

uilding that belongs to the story of Paris, to the story of France. … Notre Dame is our story, our culture, our spirit.”

An experiment conducted by Chinese and US scientists on improving monkeys’ cognitive function has been

found to follow international animal rights standards, according to the Chinese research institute.

The study implanted 11 rhesus macaque monkeys with copies of the human MCP

H1 gene, which scientists believe is crucial for humans’ brain development and evolution.

The project is led by researchers from the Kunming Institute of Zoology of the Chinese Acade

my of Sciences, who are working with researchers from the University of North Carolina.

www.milkingmachines.cn

The company will not cancel social insurance and housi

sing funds for the sake of cost-cutting, Liu said, adding some staff made 80,000 yuan a

month in pilot areas for the new salary regime in southern China’s second and third-tier cities.

Earlier this year, rumors spread that China’s e-commerce giant would can

cel couriers’ basic salary and reduce welfare. The company confirmed the salary adjus

tment plan via its official Sina Weibo account on April 7, saying as the number of orders from individual clients incre

ases, the company is looking to adopt an incentive plan to reward outstanding employees.

JD will reduce its delivery staff members’ salaries by adopting a commis

sion-based payment scheme starting in June and low

er contributions to employees’ housing funds from 12 to 7 percent, Sina Finance reported.

An anonymous courier with JD Logistics said the task of getting more external delivery

orders under the new salary system would be hard to accomplish, and the new policy will reduce their salary, th

e report alleged, though the courier did not indicate an exact amount for the reduction.

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The Chinese economy’s staggering aggregate and grow

wing contributions to global growth tend to mask its extremely unbala

nced development and widening gaps between the rich and the poor. That’s why before determin

ing whether a country is developed or not-and to present a comprehensive picture of its economy-the entire

gamut of the country’s economic data, including its aggregate and per capita GDP, should be taken into consideration.

The WTO treats developing and developed countries differently because some developing and least-developed countries

were deprived of their development rights and thus their chances to develop in the past because of colon

ialism and militarism. The WTO provides special treatment for some countries to ensure all economies get the chance

to develop without the fear of being squashed by the developed countries and their discriminative policies.

That China and the European Union, two staunch supporters of multilateralism and free tr

ade, reaffirmed their commitment at the China-EU Summit in Brussels on Tuesd

ay to cooperate on WTO reform, in order to ensure its continued relevance and allow it to meet the global trade c

hallenges is encouraging. The consensus reached between the two sides will help carry the WTO reform forward.

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Greetings, gifts flooding firefighters after tragedy

A delivery man left several cartons of milk and rice cereal at Huaibei Road Fire Brigade in Shijiazhuang, Hebei province. The gi

fts came with a note that said, “Toughest firefighters, promise me to come back safe and sound after every mission.”

An anonymous customer had placed the order for the Thursday afternoon delivery.

On the same day, Fuqiang Street Fire Brigade in Shijiazhuang also re

ceived 14 boxes of milk tea and yogurt from an anonymous person, along with a note that s

aid, “Protect yourselves and return safely. You have safeguarded people, and people will safeguard you, too!”

The public outpouring of compassion came after 31 people died in a forest fire in remo

te mountains in Sichuan province on March 31. The dead included 27 firefighters and four locals.

“When we saw the gifts and notes, everyone was deeply to

uched,” said Wei Zishuai, 32, commander of the Huaibei Road Fire Brigade.

“All our hard training and sacrifices are not in vain,” Wei added.

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