The number of unicorns in a given city is often consid

ered a barometer of innovation and entrepreneurship.

The majority of China’s unicorns are based in Beijing, Shanghai, Hangzhou and Shenzhe

n, with a combined number of 156, 19 more than the previous year and accounting for 77.2 percent of the total.

Nanjing, Guangzhou, Wuhan and Qingdao are new gathering places for unicorns, the report said.

Driven by global capital, China’s unicorns have accelerated the pa

ce at which they go public, with unicorns now taking an average of 71 months to IPO.

From January 2017 to May 2019, 36 unicorns were listed on the global stock market, with eight in 2017 and 21 in 2018.

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emphasized that the company was committed to con

ontinuously working with customers as well as industry and governme

nt stakeholders to ensure its technology adheres to all of their requirements.

The US Department of Homeland Security issued an alert warning on Monday that Chinese-made drones may be se

nding sensitive flight data back to their manufacturers in China, where it can be accessed by the government there.

According to a report by CNN, the alert warns companies and organizations that the US gov

ernment has “strong concerns about any technology product that takes American data into the territory of an au

thoritarian state that permits its intelligence services to have unfettered access to that data.”

The report does not name any specific manufacturers, but nearly 80 percent of the

drones used in the US and Canada come from DJI, according to industry analysis.

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The latest figures from the National Cultural Heritage Administ

stration show China had 5,354 museums by the end of 2018, and museums across the country held some 2

6,000 exhibitions in 2018 and received 1.126 billion people, an increase of 30 percent and 16 percent, respectively.

The International Council of Museums organized the annual I

nternational Museum Day in 1977 to address the changing roles of museums.

Museums across the world are reinventing their roles to become more interacti

ve, audience focused and active in delivering creativity and knowledge to their communities.School students and adult

visitors learn about making prints and carving stamp seals and learn about the appreciation of and technological me

thods being used in the conservation of the age-old buildings at the Palace Museum, May 1

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Uber was the biggest of a group of Silicon Valley startu

ups that have spent years raising money in private rounds at record prices. Many of these com

panies are now looking to follow with their own IPO. Some, like Uber and Lyft, are unprofitable.

Workplace messaging company Slack Technologies Inc plans to hold an investor presentation on Monday in adv

ance of its direct listing next month. Grocery and food delivery platform Postmates, WeWork owner The We Co

mpany and online mattress retailer Casper Sleep are among startups seeking to launch IPOs this year.

“If a venture capital investor wants to burn cash they can do that as long as they want, bu

t once you get to the public markets you have to show profitability or a path to it,” said Jordan Stuart, a po

rtfolio manager at Federated Kaufmann who often purchases companies’ shares during an IPO.

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The annual report estimates that total electricity cons

umption in 2019 is expected to grow 5.8 percent. Demand for coal is expected to hit 3.95 billion

tons, with the power sector still playing a significant role in the consumption of coal.

Consumption of oil is predicted to reach 620 million tons, up 1.6 percent year-on-year, while

the growth rate for natural gas consumption is expected to slow, with an annual consumption of 310 billi

on cubic meters in 2019, up 10.4 percent year-on-year, it said.The 2019 Beijing International Horticultural Ex

hibition (Expo 2019 Beijing) opens to visitors Monday, and will showcase a wide variety of flowers, fruits, vegetables and

herbs from across the world, including more than 300 rare and endangered plant species.

Nearly 20,000 volunteers across media, translation and giving directio

ns will work at the 162-day event, running April 29 – Oct 7. Click to watch their greetings in s

even languages: Chinese, English, Russian, French, German, Spanish and Japanese.

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China looks to strike a balance between meeting finan

ancing needs, sustainable development and debt sustainability, according to Finance Minister Liu Kun.

“We will build a high-standard and high-quality financing system to s

upport long-term and sustainable BRI investment while preventing debt risks,” Liu said.

He suggested promoting financing cooperation for projects in

third-party countries, equity investment and attracting more private funding.

Enhancing debt and risk management is a key consideration for deepening BRI financi

ng cooperation, said Yi Gang, governor of the People’s Bank of China, the central bank.

“The debt issue in developing countries should be treated objective

ly. If debt growth is accompanied by infrastructure improvement, enhancement of people’s liveliho

ods and productivity and poverty reduction, it will be beneficial for the sustainability of long-term debt,” Yi said.

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he bill establishes a technical assistance mechanism bet

tween law enforcement departments, intelligence agencies and

private institutions. In short, it authorizes Australia’s national law enforcement to issu

e mandatory “Technical Assistance Notices”, “Technical Capability Notices” and “Computer Access and Assistance Ord

ers” to all communication providers. Upon receiving the notification and instruction, the communication provider mu

st undertake a number of activities, for example, decrypting specific communications, installing specific softw

are on the network, modifying or replacing services, providing assistance in accessing facilities, and providing sour

ce code, third-party provider profiles, network device encryption schemes, and more.

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China does not own the Belt and Road Initiative. Nor doe

 it want to. From the start, Beijing has been accentuating the desirabi

lity of voluntary participation, consultations on equal footings, a joint construction proces

s and fair sharing of subsequent dividends.VLADIVOSTOK, Russia – Top leader of the Democratic People’s Rep

ublic of Korea (DPRK) Kim Jong-un arrived in Russia’s Far Eastern city of Vladiv

ostok in his train on Wednesday for the first meeting with Russian President Vladimir Putin on Thursday.

Kim’s armored train stopped at the Khasan railway station

of the territory at 10:30 am local time (0030 GMT) and he was rec

eived by the territory’s governor Oleg Kozhemyako, Russian Minister for the

Development of the Far East and the Arctic Alexander Kozlov, Russian Deputy For

eign Minister Igor Morgulov, and Russian Ambassador to the DPRK Alexander Matsegora.

“I am glad to be on Russian soil,” said Kim, according to the pr

ess release. Kim said that this will not be his last trip to Russia.

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China will improve the market environment for c

 car sales and expand the supply of automobiles as part of its latest efforts to boost auto consum

ption, Gao Feng, the spokesperson for the Ministry of Commerce, said at a press conference early this month.

By the end of 2018, China’s six cities namely Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou and Tianijin carried

out the purchase restriction of fuel-powered passenger cars, said Shao Jiang, an analyst at Everbright Securities. “If thes

e cities double their rising number of new cars, it could bring a 2.8 percent year-on-year growth for the wh

ole passenger car market.”Editor’s Note: The eight explosions in Sri Lanka on Easter Sunday have claimed more tha

n 300 lives and left over 500 people injured. A ninth explosion was reported on Monday near a church in Colombo, but n

one was reported killed or injured. The Islamic State reportedly claimed responsibility for the bombings on Tue

sday. Two experts share their views on the attacks with China Daily’s Liu Jianna. Excerpts follow

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All these questions need answers. The draft amendment

comes in time because, if passed, it will provide better regulations of the gene-editing activities over embryos.

Besides, the draft law did not list clearly the definition of gene-edited em

bryos. Technically speaking, if a fertilized egg is genetically edited and grows into an embr

yo, the total process should be considered gene-editing of embryo and put under the regulation of the law.

Zhang Dake, an associate researcher at Beijing Institute of Genomics, Chinese Academy of Sciences

In the past, “health rights” mainly referred to the right to stay healthy and free from injuries. T

he draft amendment this time follows the latest progresses in genetic technologies by extending its defin

ition to cover genetic resources, and will be a guiding principle for relevant disputes in the future.

More importantly, the civil code is a guiding law for all laws in the ci

vil sector. If the draft amendment passes, more related laws, regulations as well as sta

ndards will be amended or drafted in the future, which is a major progress in legislation.

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