Category: 上海419论坛

Chinese coffee startup Luckin Coffee will price its initial p

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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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China is at a stage of rapid industrialization and urbani

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ization, and the issue of occupational diseases, which has been accumu

lating over the decades of extensive growth, is gradually starting to show,” Li said.

A key task of the campaign is to complete a survey of the threat of dust pois

oning, covering industries including mining, metallurgy and building materials by the end

of 2020, and to hold companies accountable for preventing the hazard, a commission document said.

The campaign also aims to have employers who generate large amounts of dust suspend their businesses and over

haul working conditions, and will ask local authorities to shut down those that cannot improve.

The campaign aims for more rigorous inspections of high-dust employers and to punish those who violate laws and regula

tions. It will also urge employers to sign contracts with their employees and join occupational injury insurance.

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The province has given 1.69 million registered poo

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 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 has set the goal that

“each of the primary and secondary schools in the rural areas should have a canteen so that lunch can be served to every student”.

The meal is believed to help students improve their performance at school. Many studen

ts in the poverty-stricken areas had been coming to class with an empty stomach, since they did not have food at home.

“More than 3.8 million primary and secondary school students and

860,000 preschool kids are covered in the nutrition project every year,” Bao said.

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hina, US hold 10th round of high-level trade consultations

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Chinese Vice-Premier Liu He, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin held the t

enth round of China-US high-level economic and trade consultations in Beijing from Tuesday to Wednesday.

As planned, the two sides will hold the 11th round of high-level economic

and trade consultations in Washington D.C. next week.This combo photo shows Chin

ese Vice Premier Liu He, who is also a member of the Political Bureau of the Communist Party of China Central Co

mmittee and chief of the Chinese side of the China-US comprehensive economic dialogue, posing for photos with

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. They held the tenth round of Chi

na-US high-level economic and trade consultations in Beijing from April 30, 2019 to May 1, 2019.

Liu is also a member of the Political Bureau of the Communist Party of China Centra

l Committee and chief of the Chinese side of the China-US comprehensive economic dialogue.

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It is reported that the IS terrorist organization has clai

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med it was behind the horrific attacks. Yet whoever the perpetrators, the attacks on innoc

ent people should be condemned in the strongest terms, and those responsible arrested and punished.

Since Sri Lanka has been facing some political and e

conomic problems, and increasingly acute social conf

licts for the past few years, the attacks seem to reveal not just sectarian disputes but also cer

tain people’s dissatisfaction with the situation in the island nation, and the rest of South Asia.

The motive behind the attacks could be helplessness and desperation of certain sections of Muslims in South Asia.

The rise of Islamic extremism has to some extent fueled the rise of white supremac

ist groups in the United States and some European countries. Perhaps the conflict between Islamic extremism and

the anti-Muslim forces today is greater than that immediately after the Sept 11, 2001, attacks in the US.

And the rising tensions in South Asia and other regions should prompt govern

ments to take sound measures to prevent the spread of extremism inside their borders.、

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For example, technologies like artificial intelligence

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have improved the company’s stocking and inventory processes.

“Earlier we were reliant on the intuitions and experience of the local operation team. With the

use of technology like AI and big data, we are getting more accurate answers.”

As a larger and older retailer, Walmart has constantly worked with startups, said McMillon, citing the new Omega 8 platf

orm that enables retail innovation startups to collaborate with Walmart China to create better services for customers.

McMillon cited the example of a scanning ring developed by a starup for

Walmart that shortens pickup time for JD Daojia orders to less than 10 minutes and impr

ovements in the overall efficiency by 50 percent. Walmart’s WeChat mini-program has over 30 million members and is

developing an e-commerce service based on WeChat to help customers shop more easily and more accurately.

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The situation is very much like the ceiling of a roo

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m in which airborne particulate matter is present. The lower the ceilin

g is, the higher the density of pollutants which then mix with the cleaner air.

With a low mixing layer, Taihang mountain range to the west and the Yanshan mountai

n range to the north serve as walls that form a semi-closed “room” in the Beijing-Tianjin-Hebei cluster.

The high level of emissions is the major reason for air pollution in th

e greater Beijing area, and meteorological conditions also play a key role as an exte

rnal factor, said Xu Xiangde, a researcher at the Chinese Academy of Meteorological Sciences.

Zhang Xiaoye, Xu’s colleague, said the “marked effect” of continuous pollutant accu

mulation on meteorological conditions could make overall pollution even worse.

“After the accumulation reaches a certain level, it will further wor

sen the meteorological conditions, which then will further affect air quality, causing explosive

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The import exhibition will be held in the first and thi

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rd phases, with 1,000 booths booked by 650 enterprises from 38 countries and regions.

The first phase of the import exhibition has 616 booths displaying electronics and home appliances, build

ing materials and hardware and mechanical equipment. There will be 384 booths in the third phase, m

ainly displaying food and beverage products, household goods, fabrics and home textiles.

Xu Bing, a spokesperson for the Canton Fair, said on Sunday that the 124t

h fair received exhibitors from ten countries and regions. According to Xu, a chamber of com

merce from Istanbul said the fair had helped many Turkish enterprises explore the global market.

“Design for trade” will be a highlight at the upcoming fair. About 100 design companies and institut

ions from 15 countries and regions, including the United States, Germany, France, Italy, Austr

alia, the Republic of Korea and Japan, have registered to participate in the design exhibition at the fair.

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The Chinese economy’s staggering aggregate and grow

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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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May said on arrival that she did not want a long delay

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 “I want us to be able to leave the European Union in a smooth and orderly way as soon as possible,” she told reporters.

Her EU peers, however, are sceptical about her ability to break the dead

lock soon. They are exasperated with May’s handling of a tortuous and costly divorce that is a di

straction from ensuring the bloc can hold its own against global economic challenges.

Across from the summit venue, the EU executive celebrated its part in funding a global project that produced the first p

icture of a black hole, prompting no shortage of ironic comments on social media about the juxtaposition.

Blogger Eliot Higgins tweeted: “We’re now more certain about what black holes look like than what Brexit looks like.”

One of the country’s major movie events, the 9th Beijing International Film Festival, will o

pen with a Sino-Kazakh production about late composer Xian Xinghai, Xu Fan reports.

The Composer, the first Sino-Kazakh production depicting the final years of Chinese

musician Xian Xinghai, is set to open the 9th Beijing International Film Festival on Saturday.

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