percent, respectively, registering significantly faste

The emerging service sector also grew very fast, Meng said.

In April, the information transmission industry, along with software and inform

ation technology services, grew 25 percent year-on-year, 17.6 percentage points higher than the national index of services.

Online retail sales amounted to 3.04 trillion yuan ($440.2 billion) in the first four m

onths, a year-on-year increase of 17.8 percent. Around 17.07 billion parcels were delivered, up 24.8 percent over last year.

She said the transformation of traditional industries is speeding up as they combine with information technology.

“Through implementing national big data and internet plus strategies, internet, big da

ta, and artificial intelligence technologies have been widely used in China’s real economy,” she said

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For example, in March, China provided a remote-sens

sing monitor report on flooding in Iran via Fengyun. The analysis estimated the coverage and

terrain characteristics of the flooded area, which greatly assisted the country’s evacuation efforts.

China has launched 17 Fengyun series meteorological satellites, of which seven are currently operational.

The World Meteorological Organization has included China’s Fengyun se

ries of meteorological satellites as a major element of its global Earth observation system.

ountries should work together for a better future in today’s world that is globaliz

ed and multipolar, Javier Solana, former secretary-general of NATO, said in an interview with China Daily.

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ed it from repaying investors’ principal and interest. La

September, 53 people in the company were transferred for examination and prosecution.u’an, a county in

China’s Hebei province, 50 kilometers away from Beijing’s Tiananmen Square, is looking to build an innovation-driven coun

Emerging fields including online lending, investment, pension services, consumer reb

ates, financial mutual aid and virtual currencies have become “disaster areas” for economic crimes, said Gao.

Since the collapse of P2P online lending platforms beginning last Jun

e, public security authorities have investigated and handled more than 400 illegal fun

draising platforms and arrested more than 60 fugitives from 16 countries and regions.

“To grab excessive profits, the criminals keep changing and upgrading their criminal

methods, which are usually strongly deceptive,” he said. “Investors should be very cautious.”

clevru.cn

n 2018, the handling capacity of the Port of Dunkerqu

 reached 51.6 million tons, with ore and container freight volumes breaking records. Aut

horities said that the port’s investment budget for 2019 would reach 48 million euros.

Situated at the heart of a triangle between Brussels, London, and P

aris, the Port of Dunkerque is the third largest port in France after Port Le Havre and Port Marseille.

The port has 18 professional terminals and a logistics park with storage facilities for food, hydrocarbons, chemicals and cereals.

Public security authorities have destroyed over 200 cross-re

gional criminal networks and more than 400 peer-to-peer lending platforms suspected of i

llegal fundraising between the beginning of 2018 and the first quarter of 2019, according to the Ministry of Public Security.

They have also filed 19,000 illegal fundraising cases involving 410 billion yuan ($59 billion), the ministry said in a news release.

cctif.cn

Panda researchers hope algorithms and AI technology will

The app and database will help us gather more precise and well-rounded data on the population, distri

bution, ages, gender ratio, birth and deaths of wild pandas, who live in deep mountains and are hard to tr

ack,” said Chen Peng, a researcher with the base who co-authored a paper on “Giant Panda Face Recognition Using Small Database.”

“It will definitely help us improve efficiency and effectiveness in conservation and management of the animals,” Chen said.

China has carried out four scientific field research project of giant pandas in the wild.

The giant panda was scientifically discovered 150 years ago and n

amed in the city of Ya’an, Sichuan. It remains one of the world’s most endangered species.

The number of captive pandas was 548 globally as of November last y

ear. Fewer than 2,000 pandas live in the wild, mostly in the provinces of Sichuan and Shaanxi.

www.xujiaqing.net.cn

Yet the US expends huge amounts of its resources just to m

 maintain its monetary hegemony and thus ensure its financial sector offers higher pay and retur

n on investment compared with the real economy sectors, which helps it to maintain its advantage in at

tracting talents and capital. This in turn prompts the authorities to introduce more favorable policies and regulations for

the enterprises based in the US, which is essentially a combination of representative democracy and market eco

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

Besides, reindustrialization is not possible without rebuilding or strengthening infrastructure facilities. And

although the US leader has been claiming to implement a trillion-dollar infrastructure plan-and even made it on

e of the pillars of his “Make America Great Again” campaign-not much has come of it.

yeaste.cc

industrial internet and the internet of vehicles are am

ong the country’s top development priorities in the telecommuni

cations industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Te

chnology, said on Friday during the World Telecommunication and Information Society Day.

Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedit

e the commercialization of this forefront technology and bolster the nation’s core competitiveness.

Major Chinese smartphone maker Huawei Technologies Co has a

lready unveiled its first 5G chip and first 5G foldable smartphone, the Mate X, which is

expected to hit the market in June, despite challenges involving the United States.

Also on Friday, shortly after the US said it would ban Huawei from buying US t

echnology without special approval, Huawei’s chipmaking arm, HiSilicon, said

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Liu’s article was published in Qiushi Journal, a flagship m

magazine of the Communist Party of China Central Committee. He said more efforts a

re needed to implement the proactive fiscal policy and boost efficiency this year.

Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.

Innovative financial tools will be introduced for debt swaps, and the indebted comp

anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea

d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.

“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this

round of debt swaps will not involve the government’s administrative orders, but depends on the ma

rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.

9319888.org.cn

Pei was born in Guangzhou and raised in Hong Kong and

anghai, before moving to the US in 1935. He studied at the Massachusetts Institute of Technology and Harvard’s design s

chool, and spent the early years of his career designing buildings for a real estate developer in New York.

Pei is known for his affection towards precise geometry and design details. He also ha

d a strong reverence for light, as shown in the famous pyramid of the Louvre Museum.

His significant works include the Jacob K Javits Convention Center in Manhattan (1979 to 1986), the Morto

n H Meyerson Symphony Center in Dallas (1982 to 1989), the Bank of China Tower in Hong K

ong (1982 to 1989), and the Museum of Islamic Art in Doha, Qatar (2003 to 2008).

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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 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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