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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 …

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The province has given 1.69 million registered poo

 students stipends worth a total of 5.3 billion yuan ($777 million) since 2015, according to Guizhou’s Education Department. While working out its strategy to impart knowledge to rural children, Guizh ou has also taken into consideration that many kids come to school hungry. According to Bao Benqi of the provincial Education Department, the Guizhou government …

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Different from 3G and 4G technologies, 5G technolo

 will impact various industries and stimulate the emergence of many new products, services and industries. China Daily’s app was named the “Highly Commended” news app of the year at the newsawards 2019 in London on Wednesday. The result was announced at the gala dinner held at the Royal Lancaster London. Ch ina Daily beat two …

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The disabled, whether fully or partial, will be the priori

ity in nursing services,” Jiao said. “We will release a detailed standard for evaluating nursing services for the disab led elderly population, including psychological needs, so the services will aim precisely at those most in need,” she said. Xi Huan, vice-president of Beijing Hospital, said major medical institutions need to m ake more efforts to …

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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 …

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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 …

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Wheat growing on a farm in Huai’an, Jiangsu province

A threat to the viability of the current WTO dispute settlement system is the unilateralism and protectionism of the United States. Specifically, this mechanism is in crisis because the Unit ed States has prevented the appointment of new judges to the appellate body. Experts have warned that if th e appellate body were to shut …

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Amazon to end local 3rd-party sales in Chinaon offices in Ne

US-based tech giant Amazon.com Inc plans to shut down its third-party seller services on its Chinese online marketplace in July, as it shifts its focus to offering Chinese mainland consumers overseas products rather than goods from local sellers. Starting July 18, customers logging in to Amazon’s Chinese web portal will only see a selec tion …

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On the importance of record covers, Yang sees eye to

o eye with his fan.”I buy a lot of albums, and it is the design of the covers that catches my eye first,” Yang tells the fan. “Apart from the quality of the sound on the record, these things are pieces of art.” In the two-hour meeting, they listen to the new vinyl and talk …

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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 …

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