China boast 80% of world’s unicornsSince the term “unic

icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio

n or more, the number of companies matching this label has mushroomed to 326, according to a report.

The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj

ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019.

The total valuation of the 326 unicorns has been raised to $1.1 trillio

n by investors, of which almost 30 percent is made up by the top seven unicorns with hig

hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.

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The administration said that Changan Ford since

e 2013 has violated the Anti-Monopoly Law by setting up minimum resale prices for its downstream dealers in Chongqing.

This impinged on downstream dealers’ pricing autonomy and excluded a

nd limited competition within the brand, said the administration, adding that this pra

ctice weakened competition between brands and encroached on consumers’ legitimate rights.

In accordance with the Anti-Monopoly Law, the market regulator fined Changan Ford four percent of its past -year sales in Chongqing.

The administration said it will continue to enforce the Anti-Monopoly L

aw, ensure fair competition in the market, create a sound business environment, pro

mote high-quality economic development, and protect consumers’ legitimate interests.

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Ministry of Education warns of study risk in USion holds a pres

n Monday, the Chinese government warned students to be aware of po

ssible visa restrictions or even rejection if they want to study in the United States.

For a period of time, some Chinese who want to pursue their studies in the US have encounte

red visa problems, including a longer waiting time for visas to be issued, a shortened term of visa va

lidity and a rising rate of visa applications being rejected, according to the Ministry of Education.

Such problems are exerting negative influence on Chinese w

ho plan to study or are studying in the US, the ministry added.

The ministry suggested students and scholars be aware of the risk

, assess the risk and make preparations accordingly before deciding to study in the US.

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The meeting reviewed and approved a series of official doc

ocuments including a guideline on innovation and improving macro-regulation

, as well as a guideline on strengthening opening-up and cooperation in innovation capacity.

The meeting called for taking the supply-side structural reform as the main task, making coordinated efforts to stabilize economic

growth, promoting reforms, readjusting the economic structure, improving people’s livelihoods, pr

eventing risks, and ensuring social stability, according to a statement issued after the meeting.

The strategic guiding role of national development planning should be leveraged to improve coordination mec

hanisms for economic policies such as finance, currency, employment, industry, and regional development to en

sure the nation’s economic development stays within a reasonable range, the statement said.

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Issoufou attended the Beijing Summit of the FOCAC in S

September. The two countries should continue to understand, trust an

d support each other on issues related to core interests and major concerns, Xi sa

id, adding that the two sides should share more experiences on governance and development. Xi called on the two nat

ions to enhance connections under the frameworks of the Belt and Road Initiative and FOCAC.

China will continue to support Niger to fight terrorism and safeguard regional peace and stabilit

y, Xi said. China would like to help Niger improve its people’s livelihood through such measures as m

edical assistance and via exchanges in areas including culture, youth, women and think tanks.

Mutual understanding between the people of both nations should also

be promoted, Xi said. He stressed that as long as all countries stick to the dev

elopment paths that suit their own national situations, make joint efforts to build the Belt and Road and remain dedi

cated to fulfilling the goal of building a community with a shared future for mankind, they will definitely achieve success.

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stained outbreaks of African swine fever will caus

e devastating consequences to the pig industry and endanger China’s food security, the Chinese Academy of Agricultural Sciences said.

Before the development of the possible vaccines, researchers in the academy managed to isol

ate an African swine fever virus at a farm hit by an African swine fever outbreak last year in Jiamusi, H

eilongjiang province. Subsequent research was conducted, including on the infectiousness and transmission of the virus.

The Chinese Academy of Agricultural Sciences will also focus efforts over the next f

ew years on other areas to help fight African swine fever, including technologies that can quickly test for the vi

rus and kill it with high efficiency, according to a plan released by the academy.

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noted that China and Brazil are the biggest developin

oping countries in the Eastern and Western hemispheres, and both are important emergi

ng markets. The two countries have a common wish and great potential for development, he said, ad

ding that both countries are important forces for promoting a multilateral world.

Since the establishment of diplomatic ties 45 years ago, relations between China and Brazil have achieved fruitful outcomes, Xi said.

The president said it is a critical period for the two countries, and they s

hould forge ahead, and each side should deem the other as a partner for development.

Xi called on the two countries to respect, trust and support each other in making the China-Brazil relationship a model for de

veloping countries’ cooperation and an important force in promoting world peace and progress.

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ntry’s rare earth resources, and the environmental pro

ironmental protection measures the company takes in production.

Only when a company has independent intellectual property rights and core technology

will it make competitive products and succeed amid fierce competition, Xi said.

Noting that technological innovation is the lifeblood of enterprises, Xi encourag

ed the company to focus on technological innovation and master more core technologies.

Rare earth is a non-renewable important strategic resource, Xi said, addin

g that more efforts are needed to upgrade the technology for its exploitation and applic

ation, increase its added value, and protect the environment, to achieve green and sustainable development.

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n the case before Mehta, Trump and his business orga

anization sued to block the subpoena issued in April to Mazars USA, an accountant for the president and Trump Orga

nization. Trump’s lawyers accused Democrats of harassing Trump and said the subpoena “has no legitimate legislative purpose.”

Trump’s lawyers, in suing in both Washington and New York in attempt to beat back congressiona

l subpoenas, said congressional investigations are legitimate only if there is legislation that might result from them.

In the New York case, Trump, his business and family have sued Deutsche Bank and Capital One to prevent the fi

nancial companies from complying with subpoenas from the House Financial Services Committee and the House I

ntelligence Committee for banking and financial records. A Wednesday hearing is planned in that case.

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It was in the European Parliament elections five years

ago that small numbers of nationalists and far-right politicians won seats, signaling the challenges since faced by ruling parties acr

oss the EU, said Cui Hongjian, director of the department for European studies at the China Institute of International Studies.

Mainstream European political groups have tried hard to curb their

rise and haven’t coped well with problems raised by the populist and far-right parties, Cui said.

Clemens von Goetze, Germany’s ambassador to China, said at a news conference

in Beijing on Saturday that he hopes mainstream political groups that support the integration of EU will win the elections.

He said, mainstream groups in Germany are working hard to tell voters the importance of the EU and encouraging those realize the value of EU integration to

cast their ballots this week. The turnout of voters was quite low in the 2014 European Parliament elections.

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