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

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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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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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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After 9/11, the US surveillance became more intensif

fied. Shortly after the attack, the US government introduced the Patriot Act, the Accuracy Act and

the Foreign Intelligence Surveillance Act, which formed a comprehensive intelligence surv

eillance network. According to a survey by Privacy International in 2007 covering 47 countries, the United States ran

ked first in the monitoring index. But the United States didn’t stop there. In 2013, Edward Snowden, a technical an

alyst at the Central Intelligence Agency (CIA), exposed the Prism program. In this seven-year top-secret electronic sur

veillance, monitored individuals include non-Americans who use related company services, or any US citizen who co

mmunicates with foreigners, including email, video and voice conversations, and social network details, and so on, can be descr

ibed as large-scale indiscriminate monitoring. Surveillance states were finally formed.

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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 about their affection for physical records.

“I recall the summer of 1993 when I was 20 years old,” Yang says. “I bou

ght cassette tapes of the Chinese rock band Tang Dynasty and the rock singer-songwriter

Cui Jian. The songs coming from these spinning tapes stunned me and I wanted to make music like them. That’s wh

y I still stock and support the physical format. It’s something for me to keep and something to hand down to my kids.”

For Wang Zhuohui, owner of Free Sound, Yang’s arrival is one of a series of events to celebrate Record Store Day.

Wang’s shop does its bit for Record Store Day by staging live performances, fan meetings and ex

clusive releases. Record Store Day is a way to help keep a dying industry alive, Wang says. For him one big attra

ction of record stores is that unlike social media where everything is delivered at the push of a button, they offer a p

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children and allocate more resources to the eyesi

ight examinations, and counselling services, he said.

Education departments will supervise schools to take concrete measures and eval

uate their performance, Minister of Education Chen Baosheng said at the meeting.

The State Council, China’s cabinet, said Wednesday it was necessary to amend laws and sup

porting regulations and policies to ensure the implementation of the foreign investment law.

Draft amendments for administrative licensing law, trademark law, construction law a

nd electronic signature law were passed Wednesday at a State Council executive meeting presided over by Premier Li Keqiang.

It was also decided at the meeting to submit the draft amendments to the Standing Committee of th

e National People’s Congress, China’s top legislature, for deliberation, according to a statement after the meeting.

Suggestions for revisions include adding the principle of “non-discrimination” in administrative licensi

ng, substantially raising the amount of compensation for infringing exclusive rights to use trade

marks, and cutting approval time for applications for qualified construction permits.

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Hainan offers housing incentives to attract talenting

Hainan is offering housing incentives to attract talent to the tropical isla

nd province, where the country’s 12th free trade zone-its largest-is being created.

A notice from the provincial government on Friday said the employ

ees of companies that move their headquarters to the island will enjoy the same housing polici

es and credit support as locals when buying a house, even though they don’t have household registration in Hainan.

The supplementary measure, which is intended to address problems of new em

ployees settling in the Hainan FTZ, will improve the business environment, attract investo

rs, promote opening-up and development of headquarters, and optimize the living environment, local officials said.

In April last year, after the central government said Hainan would become a pilot free trade zone, the island announ

ced it would attract 1 million skilled workers. To accomplish that, it has adopted measures to support free hou

sing for topnotch personnel, child education, spousal employment, medical insurance and car purchases.

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Hainan’s hybrid seeds sprout along Belt, Road

  Island province ‘will ensure’ that Boao Forum continues to promote cooperation

  The international exchanges and cooperative efforts prompted

by the Boao Forum for Asia are turning Hainan province into the Silicon Valley of seeds for c

ountries involved in the Belt and Road Initiative, according to a Hainan government official.

  More hybrid rice seeds cultivated by Chinese scientists at the Nanfan Scientific and Researc

h Breeding Base in Hainan are being introduced to ASEAN countries. The total combined area of hybri

d rice cultivation in India, Vietnam, the Philippines, Pakistan and Indonesia – major rice-growing countries – has rea

ched 4.28 million hectares, said Wang Sheng, director of the Foreign Affairs Office of Hainan province.

  Wang spoke at a news conference on March 19 before the Boao For

um for Asia 2019 Annual Conference in Boao, Hainan, which ends on Friday.

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