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.

87877777.com

Often these pictures do not represent how these indivi

duals look in real life without the posing, the filters, the photoshopping and the professional hair and make-up,” Martz said.

Pan, the Renmin University researcher, also believes that pi

ctures shared frequently on social media impose peer pressure on women.

“If people around you look thin on WeChat Moments, you are inevi

tably anxious to fit the general profile of having the ‘right look’,” she said.

Articles have also gone viral in summer on WeChat Moments, with sensational headlines such as “Good-looking girls never

weigh more than 50 kilograms” or “If you don’t lose weight in May, you will cry out loud in June”.

Shen Zijiao, a psychological consultant at Beijing Normal University, said: “Women don’t know what kind of beauty is best for th

em; they just thumb through their phone screens and get the notions of ‘being slender’ consciously or uncons

ciously. They always worry if their bodies are inconsistent with the so-called perfect body shape.”

ever-spring.org

a simple inspection at ports of entry. The administration

was disestablished in the latest government reshuffle and quara

ntine management functions were merged into the General Administration of Customs.

With a rising number of inbound foreign travelers and Chinese students returning home wit

h pets in tow, the administration issued the new rule in January to facilitate entry.

Shanghai Customs inspected 25 cats and 15 other pets at its ports of entry between May 1 and May 5. Twenty-seven of them were all

owed in after on-site inspections. Eleven were put under quarantine, and two were sent back to their original co

untry or region due to the lack of quarantine reports and rabies antibody test results.

Last year alone, 1,577 pets-822 dogs and 755 cats-entered Shanghai from overseas, customs data show.

Shanghai Customs has been publicizing information on the new regulations throu

gh various channels to passengers, including cooperating with more than 60 air carriers, it said.

www.bbdq.com.cn

Production and sales of these firms picked up in Mar

with the aggregated industrial value added expanding by 8.5 percent year-on-year, 3.2 percentage points

higher than that in the January-February period.

Operation revenue jumped by 13.7 percent year-on-year i

n March, 10.4 percentage points more than that in the January-February period.

Stabilizing prices served as another driver of the rebound, according to an NBS analy

sis. The producer prices rose 0.4 percent year-on-year in March, ending a decline for eight months in a row.

The purchasing prices for raw materials edged up 0.2 percent from a ye

ar ago, 0.1 percentage points higher than that in the January-February period.

Preliminary estimates showed that the price changes added 26.8 billion yuan to industrial profits in March, and the cont

ribution of price changes to industrial profit growth rose by 4.5 percentage points from that in the Ja

nuary-February period, said senior statistician Zhu Hong from the NBS’s Industrial Bureau.

qianpadaf.com

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 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.

cctif.cn

He said that based on the research of national legislator

China produces more than 80 million tons of hazardous waste per year, instead of the official figure of 40 million tons.

Therefore, the total capacity for hazardous waste treatment in the country is insufficient, according to Wang.

The utilization rate of the capacity for hazardous waste dispo

sal also remains low. According to data that the Ministry of Ecology a

nd Environment provided to the NPC Standing Committee in 2017, only about 25 percent of China’s capacity was

in full operation and data from other sources also shows low utilization rates, Wang said.

“Some enterprises have failed to build sound systems for hazardous waste manageme

nt as required, or failed to implement them,” Wang said, adding that some companies had turned a blind eye to loo

pholes in the production process that could result in hazardous waste leakage.

In one case, Baoxun Precision Screws Co Ltd in Zhejiang province was found to have dumped about 1,072 tons of hazardou

s sludge into the Yangtze River in Anhui and Jiangsu provinces from July 2016 to May 2017.

xiaovfuli.cn

The area burnt by the fire is estimated to be 5 to 10

 hectares, spreading due to windy weather.

The forest fire first broke out at around 6 pm on March 30 at a remote spot in the mountains at

an altitude of over 3,700 meters in Muli County. Local authorities dispatched more than 600 people to put out the

blaze. After engulfing about 15 hectares of forest, the blaze was initially extinguished Tuesday.

A lightning strike has been confirmed as the cause of the fire, local authorities said earlier.

The restarting of the fire was caused by strong wind in the area, sources said.

China’s health and education authorities pledged to work together to control child myopia on April 3.

Health departments will help schools and parents to conduct targeted intervention, said Ma Xiaow

ei, head of the National Health Commission, at a meeting between the commission and Ministry of Education.

www.bbdq.com.cn

I am offering to sit down with the leader of the op

osition and to try to agree a plan that we would both stick to ensure that we leave the European Union and that we do so with a deal.”

The pound rallied against the dollar as much as 0.3 percent to above $1.31. It also strengthened against the euro to 85.43 pence.

May said that if she could not agree a unified approach with

Labour leader Jeremy Corbyn then the government would agree a number of options o

n the future relationship with the EU and put them before the House of Commons in a series of votes.

The government, she said, would then abide by the decision of the House of Commons.

Her divorce deal with the EU has been defeated three times by the lower house of the Briti

sh parliament, which failed on Monday to find a majority of its own for any alternatives.

The impasse has already delayed Brexit for at least two weeks beyond the planned departure date on April 12.

www.zsdbv.cn

Technology, tourism freeze time on Hani’s amazing

From the camera lenses of tourists, the Hani rice terraces in Yunnan

province are an idyllic emblem of traditional Chinese agriculture: vast expanses of mountain

slopes carved into water-submerged paddies where rice, fish and ducks flourish in co-existence.

A closer look reveals its low-profile modernity: on the verge of some fields stands an ap

paratus the shape of a solar panel, which collects information on the ecosystem for online monitoring and diagnosis.

Lu Zhengxue, who owns one terraced field in Yuanyang county, Honghe Hani and Yi autonomo

us prefecture, is glad the millenniumold landscape is preserved thanks to the modern techn

ology that helps make the rice terraces not just a tourist demonstration but a lucrative business.

“The terraced fields are where my roots are. They are the golden ri

ce bowls passed down from our ancestors,” said Lu, 61. “We cannot afford to lose them.”

jswrh.cn

percent of minors have internet accessChina had 169 million min

netizens in 2018 and the internet penetration rate was 93.7 percent, according to a report published on Tuesday.

The report was jointly published by the youth rights and interests protection departme

nt of the Communist Youth League of China Central Committee and the China Internet Network Information Center.

Minor netizens covered by the report are students at different levels under 18 years, but not including children under 6 years and non-student youths.

According to the report, 92 percent of minor netizens use mobile phones for internet ac

cess, and the percentages of minors using other devices for internet access are all less than 50 percent.

The report shows that 77.6 percent of minor netizens have their own internet access devices, and 69.7 percent have mobi

le phones. Data shows 52.2 percent connected to the internet less than one hour a day, and 24.2 percent between 1 and 2 hours.

Up to 87.4 percent use the internet for study, 68.1 percent listen to mus

ic and 64.2 percent play games for major leisure and recreational activities on the intern

et. Chatting online is the major communication activity for 58.9 percent, and 40.5 percent use short video apps, according to the report.

www.shlfec.com