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The ministry also released several typical cases that we

n April 2018, Shanghai police arrested eight people from Shanlin (Shanghai) Financial In

formation Service Co, which was involved in illegal fundraising of more than 60 billion yuan.

The company, with a registered capital of 1.2 billion yuan, adopted a physical store and online ma

rketing to take public deposits. From October 2013, the company opened over 1,000 physical stores

across the nation and trained its employees to sell financial products through advertising and telemarketing wit

h the promise of high interest. In 2015, the company opened online financing platforms to raise money.

The company’s claimed investment projects were found to have no profit

ability, resulting in a huge capital gap that prevented it from repaying investors’ principal and interest. Last

www.clevru.cn

School students and adult visitors learn about making pri

nts and carving stamp seals and learn about the appreciation of and technological metho

ds being used in the conservation of the age-old buildings at the Palace Museum, MayIn celebration of this

year’s International Museum Day, the Palace Museum in Beijing turned itself into a dynamic stage on Saturday an

d offered a variety of activities to echo this year’s theme, “Museums as Cultural Hubs: The Future of Tradition”.

Students and adult visitors were invited to the museum to learn about

making prints and carving stamp seals and to learn about the appreciation of and tec

hnological methods being used in the conservation of the age-old buildings at the Palace Museum.

The Chinese Musicians Association’s choir gave an outdoor performance. An exhibitio

n opened showing dozens of lithographs by artists from countries involved in the Belt and Road Initiative.

gjrcpx.org

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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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.

www.wolaiduobao.cn

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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ut a careful survey by James Laurenceson, of the Austr

alia-China Relations Institute at the University of Technology Sydney, of media stori

es on the subject showed that, with about 130,000 Chinese students in Australia, there were a mere four incid

ents. And in not a single case was freedom of expression compromised or classroom discussion stifled.

Anti-China media stories focus on large campaign donatio

ns to Australian political parties by Chinese businessman Huan

g Xiangmo. But of the 300 companies in the Australia-China Chamber of Commerce, none donates to po

litical parties, and this includes investors in mining, banking, food and aviation ind

ustries. In fact, there is no pattern of donations from China swamping political parties.

izhankai.cn

For example, technologies like artificial intelligence

have improved the company’s stocking and inventory processes.

“Earlier we were reliant on the intuitions and experience of the local operation team. With the

use of technology like AI and big data, we are getting more accurate answers.”

As a larger and older retailer, Walmart has constantly worked with startups, said McMillon, citing the new Omega 8 platf

orm that enables retail innovation startups to collaborate with Walmart China to create better services for customers.

McMillon cited the example of a scanning ring developed by a starup for

Walmart that shortens pickup time for JD Daojia orders to less than 10 minutes and impr

ovements in the overall efficiency by 50 percent. Walmart’s WeChat mini-program has over 30 million members and is

developing an e-commerce service based on WeChat to help customers shop more easily and more accurately.

njLongrun.cn

Index results bode well for quarterly GDPprise mark

hina’s economic growth will remain stable in the first quarter, and is expected to land at 6.3 percent or even higher year-on-year when it is released this week, e

conomists said after some economic indicators for March surprised the market on the upside.

“Downside pressure began to ease in the first quarter, as signaled by the r

ather substantial recovery in various economic indicators in March,” said Yao Jingyuan, form

er chief economist at the National Bureau of Statistics and a researcher for the Counselors’ Office of the State Council.

Chinese banks’ lending in yuan, a leading indicator for the real economy

, surged in March by 1.69 trillion yuan ($252 billion), up 52 percent from a year earli

er, according to the People’s Bank of China, the central bank. The manufacturing purchasing managers inde

x for March, which was back into expansion territory, may be a sign of accelerating industrial activities.

Exports in March also picked up, rising 14.2 percent in US dollar ter

ms from a year ago, versus 0.1 percent for the January-February period, customs data showed.

fqyp.org

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

The author of Singled Out: How Singles Are Stereot

yped, Stigmatized, and Ignored said at the same time, people start to see the positive aspe

cts of living single, such as being free to pursue their passions, enjoying solitude an

d putting the people they care most about at the center of their lives, instead of a romantic partner.

Other factors contributing to the rise of one-person househol

ds include high levels of divorce, increased education that leads to more employment and be

tter-paying career opportunities, and increased longevity and improved health at older ages.

As of 2017, the average age of a first marriage for women was about 27.5, while it was

29.5 for men. Demographers estimate that about 80 percent of Americans will marry at some point in their lives.

That’s a lot lower than the 95 percent who married in the 1950s and 1960s, and it may drop somewhat more, according to Steph

anie Coontz, a marriage historian and author of Marriage, a History: How Love Conquered Marriage.

www.dnrjpa.cn