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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Quotable quotes from business leaders at 3rd WIC

Praising Tianjin’s efforts and achievements in intelligent sc

ience and technology, Liu Chuanzhi, board chairman of Legend Holdings Co Ltd, pred

icted the city will make a qualitative leap in two to three years by combining intelligent technologies with manufacturing.

Liu, also founder of Chinese computer giant Lenovo, said his company, like Tianjin, considers intelligent technology a new imp

etus. Lenovo is working on many intelligent applications and has invested in many high-tech ma

nufacturing enterprises. It uses various artificial intelligence-driven algorithms and machine learning to ana

lyze the data of its supply chain system, using it to optimize Lenovo’s new intelligent spare parts supply chain.

Liu Qingfeng, chairman and CEO of iFlytek, said the company has developed a series o

f products driven by AI applications, based on small samples over the past year.

The company’s latest technological breakthrough is for the first tim

e its machine has surpassed humans in English reading comprehension, Liu said.

He said that he believes AI in 2019 has entered the year of large-scale application.

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China is at a stage of rapid industrialization and urbani

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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China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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Since women have “internalized the thin ideal” from soci

ial media, they develop a negative relationship with their bodies. This often leads th

em to engage in “fat talk”-resulting in much lower self-esteem, Shen added.

Ye, from Hangzhou, who works as an accountant for Silergy Corp, said more than 90 percent of her colleagues in the finance

department are women, ranging in age from the early 20s to late 40s. Some have families, while others are singl

e or just “jump into” romantic relations. But all of them have varying degrees of dissatisfaction with their body shape.

“Every woman in our office is unhappy with at least one part of her b

ody. One of them might say her face is too round, while others are unhappy with their arms when

we sit together and gossip,” said Ye, who weighs 48 kg but frowns as she looks at the shape of her thighs.

“I have often thought I would be more attractive if my thighs were thinner,” she said, a

dding that one of her colleagues had not eaten dinner for at least two years in order to stay slim.

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Austrian pianist set to showcase Beethoveno showcase Bee

Austrian pianist Rudolf Buchbinder, one of the best Beethoven interpreters of all time, will perform

all five Ludwig van Beethoven’s piano concertos during his upcoming China tour with the German orch

estra, Staatskapelle Dresden, which kicks off on May 15 at the Guangzhou Xinghai Concert Hall.

He will also perform with the German orchestra in Changsha, Hunan province, on May 18

and 19, and conclude the tour at the National Centre for the Performing Arts in Beijing on May 21 and 22.

“Beethoven was the most romantic of composers. The more I play Beethoven’s works, the more musical freedom I get,” says Buch

binder, in an email interview with China Daily before the China tour. He adds that he has performed the com

plete cycle of Beethoven’s piano concertos with Staatskapelle Dresden for many times all around the world.

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He says that he collected 39 different versions of Beethov

So far, the pianist has performed all of the 32 Beethoven sonatas more than 50 times.

During the China tour, Buchbinder will also be the conductor besides his role as a soloist.

Founded by Prince Elector Moritz von Sachsen in 1548, the Staat

skapelle Dresden is one of the oldest orchestras in the world and steeped in tradition.

In 2018, Staatskapelle Dresden, which celebrated its 470th anniver

sary, toured China, and it was the seventh cooperation betw

een the orchestra and Wu Promotion, China’s leading music tour promoter, since 2011.

Presenting pieces of German composer, Robert Schumann, the tour attracted nearly 7,000 music fans.

“China has great audiences who are passionate about classical music. There ar

e also many great symphony orchestras in the country, some of which are over 100 years old,” says Buchbinder.

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According to a Palace Museum statement, Shan retired

April 8 and was succeeded by Wang, former director of the Dunhuang Academy.

Shan is well known for his innovative changes to the Palace Museu

m, such as the introduction of a light show during the Lantern Festival.

By the end of 2018 over 80 percent of the Forbidden City had opened to visitors, compared with only 52 percent in 2014.

The Palace Museum established the Palace Museum Research Institute in Nove

mber 2013 as an unincorporated organization for scholarly inquiry and exchange.

The institute includes Palace Museum Institute researchers, scholars in the Palace Museum, and oth

er Chinese and international scholars, all coming together in an atmosphere of open scholarly exchange.

With a sustainable approach, the academy seeks to lead in scholarly developme

nt, formulate research strategies, evaluate scholarly writings, realize Palace Museum research goals, tra

in talent, publish quality material, and conduct international academic exchange.

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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 other nominees – The Independent and the Belfast Telegraph – to win the honor.

The China Daily app offers “a powerful mix of technology and innovation, with great clarity on audience needs,” said the judges.

The automotive sector will most likely be one of the first industries to rely

on 5G, connecting vehicles to other vehicles, roadsides, traffic lights, buildings and the inter

net to process data across cars or in the cloud, according to the report.

As 5G technology has integrated various industries and technologies, the number of 5G Stand

ards-Essential Patents applications surged to more than 60,000 globally by the end of April, the report said.

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Faster checks for inbound pets in placegs, cats to got

No need for dogs, cats to go through quarantine if they meet set conditions

Pets owners no longer need to be separated from their beloved dogs or cats when they ar

rive in China from overseas if they meet certain conditions, under a regulation that took effect on May 1.

Dogs or cats with valid electronic chips arriving from 19 designated c

ountries or regions no longer have to undergo weeklong quarantines if they pass on-site inspe

ctions at ports of entry, according to the regulation released by the General Administration of Customs earlier this year.

The designated countries and regions are New Zealand, Australia, Fiji, French Polynesia, Hawaii and Guam of the Unite

d States, Jamaica, Iceland, the United Kingdom, Ireland, Liechtenstein, Cyprus, Portugal, Sweden, Switzerland, J

apan and Singapore, as well as China’s Hong Kong and Macao special administrative regions.

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