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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The capital issued blue alert for strong winds on Sunda

with five suburban districts of Tongzhou, Yanqing, Changping, Huairou and Shunyi upgrading it to yello

w alert later. These areas were hit with strong winds as high as 8-9 grades, with gales reaching 10 grade

at some places. According to forecast, the wind could still be as high as 7-8 grades on Monday.

The gale toppled a wall near Dongzhimen Bridge in downtown Beijing, hitting three pedestrians,

two males and one female. Two of them died at the scene and one at hospital, Dongcheng District said via Sina Weibo.

Food delivery service Meituan said one of its deliverymen was hit and killed by a fallen tree when delivering food.

The speed of wind reached 10-15 meters per second at the Capital International Airport starting from 10 a

m Sunday, with gales as fast as 20-25 meters per second, the airport said. Due to the strong wind, th

e operational ability of the airport dropped and remained low until 7 pm Sunday.

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China has to walk a fine balance between local govern

nment debt management and stable economic growth, especially at a time when trade te

nsions with the United States have imposed more downward pressure, said economists.

More financial resources and investors will be involved in the debt resolution process, said Qiao Baoyun, head of the Acad

emy of Public Finance and Public Policy at the Central University of Finance and Economics.

The last round of local government debt swaps started in 2015 and ended in August 2018, w

hich saw 14.34 trillion yuan ($2.08 trillion) of local government debt being swapped into bonds.

Local governments are set to face more debt burden in the next three ye

ars, as many of the previously issued bonds are set to expire, income from land sales has

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He said that it’s of great importance to promote such philos

philosophies to enhance the exchanges and mutual learning of diverse civilizations.

Frederick W. Russell-Rivoallan, a program specialist and head of social and human sciences for UNESCO, hailed the dialogue of Asian civilizations.

“It’s a great way to concentrate in this part of world, but it’s also

a global inspiration – bringing countries together, understanding other cultures, respecting each

other and sharing with each other,” he said. “That’s the way that we can understand each other better and live together better.”

China will extend 1,000-Megabyte broadband connection to more than 300 cities and cut the

average service rates by 15 percent for small and midsized enterprises this year. The measures are desi

gned to achieve multiplying effects of expanding domestic demand, boosting employment and improving people’s lives.

The decision was made at the State Council’s executive meeting chaired by Premier Li Keqiang on May 14.

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According to the latest plan, the new line will extend north

ward underground to Lize Financial Business Area, which is about 3.5 km from Caoqiao Statio

n, so passengers can transfer to Line 14 and Line 16, which are under construction, and Line 11, which is planned.

Masood Khalid, Pakistani ambassador to China, said Chinese culture is a reflection of the cou

ntry’s long and rich history. “It is a civilization that has made an imprint on global culture,” he said.

The ambassador listed a variety of manifestations of Chinese culture, which include Chinese cuisine, dance, art, and costume.

“The way Chinese people attach importance to their family and their children, lookin

g after the elderly – all these practices and traditions have been inherited over time,” he said. “Then after har

d work, they come together with their families and friends.”

A city terminal will be established in the Lize Financial Business Area, p

roviding check-in and luggage check services. Passengers will enjoy more convenience with

the ability to check their luggage and get their boarding passes before they arrive at the new airport.

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The operation of the infant ward was suspended, and the

e hospital was ordered to solve management problems rela

ting to the case, check on the condition of the surviving babies and console the parents.

A deputy director of the health bureau of the Shunde district of F

oshan, Guangdong, was also fired, and others deemed responsible were punished.

No new case has been reported in the hospitals that have treated the affected babies.

The provincial health commission has ordered all t

he medical institutions in the province to check their infection-control procedures.

The viral strain that affected the infants was identified by the commission as Echo 11. It is an intestinal virus to which child

ren, especially infants, are susceptible. It is closely related to a respiratory infection.

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what their children are really good at-and when

To ease the anxiety of parents, especially moms, kids should be taught how to

be a good person, rather than just be good at cracking exams and earning good scores.

Parents should be happy if their children excel in their own chosen

fields, and teach them the importance of honesty, kindness and shared responsibilities.

These good traits will help the kids a lot in their future development.

Over-anxious parents, on the other hand, could prevent kids from excelling in even their own chosen fields.

Liu Xiuying, director of home education institute at China Youth and Children Research Center

The China Earthquake Administration pledged to enhance its earthquake detect

ion capability as it rolls out an experimental project in the country’s tremor-plagued southwestern region.

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population, including psychological needs, so the servi

services will aim precisely at those most in need,” she said.Shan Jixiang, former director and curator of the Palace Muse

um, has been hired as Palace Museum Research Institute chief, one month after his retirement.

Wang Xudong, current director of the Palace Museum, on Wednesday handed the offer letter, dated May 6, to Shan.

Xi Huan, vice-president of Beijing Hospital, said major medical institutions need to mak

e more efforts to improve services for the elderly, including the promotion of disease prevention educ

ation and increased follow-up visits for elderly patients who have been discharged from the hospital.

“Big hospitals should provide more help for elderly patients, and more follow-up nursing services after they leave the ho

spital, so they can get timely help if problems occur at home or at community health centers,” he said.

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ves us hope that China could become a global movie pow

powerhouse in the future, even though Chinese filmmakers have to hone their skills and g

ive life to attractive and meaningful stories on screen in order to compete with the world’s best.

Filmmakers should focus more on publicity

Li Guomin, adviser to China Film Association and Changchun Film Group Corporation

That China has produced some excellent films, including the Red Sorghum, Farewell My Concubine and The Wan

dering Earth, while allowing foreign films to be screened in the country demonstrates both its cultural inclu

siveness and independence, without which the Chinese movie market could not have become so vibrant.

In some sense, China has made more marked achievements in reforming and developi

ng its film industry than most other countries, including India that is known for its Bollywo

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Only toward the end of the last century, global econom

 integration-trade, investment and finance-began benefiting large emerging and developing econ

omies. To be sustainable, globalization cannot serve just a few wealthy advanced economies. It m

ust also serve poorer and faster-growing economies, which today account for most of the global growth.

So, by flirting with trade protectionism and punitive tariffs on imports, adva

nced economies are seeking to implement the wrong policies at the wrong time. As the adv

anced countries have fallen into secular stagnation, they desperately need growth. Therefore, the rise of poorer eco

nomies is not a win-lose game, because it benefits the advanced economies, too.

In the aftermath of the 2008 global financial crisis, all major advanced econom

ies would have faced another Great Depression without the support of large emerging economies, particularly Ch

ina. And the contribution of these countries to global GDP growth is expected to climb to 80 percent by 2050.

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