ZTE Corp, another Chinese telecom gear vendor,also said

 in a statement that its products are ready for commercial use and it will acti

vely participate in the commercial deployment and construction of 5G netw

orks in China, and will work closely with industry partners to actively promote the application of 5G.

China is set to become the world’s largest 5G market by 2025, with 460 million 5G users, according to a forecast by the Glo

bal System for Mobile Communications Association, an industry group.

The country’s telecom carriers are expected to spend 900 billion

to 1.5 trillion yuan ($134 billion to $223 billion) in total on 5G network

construction from 2020 to 2025, according to a report from the China Academy of Information and Co

mmunications Technology.China’s Dragon Boat Festival, or Duanwu, is just ar

ound the corner. Also called the Double Fifth Festival, the holiday, which falls on J

une 7 this year, is celebrated on the fifth day of the fifth month of the lunar calendar.

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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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His political beliefs as a Party member supported him du

ring the war period and in serving the people in peacetime, with indiffe

rence to fame and wealth, Zhang told Xinhua News Agency. He said he has been fulfil

ling the oath that he had sworn when joining the Party, and that he doesn’t deserve special recognition for his

achievements, since what he did was negligible compared with those who sacrificed their lives in the war. His left leg

was amputated seven years ago because of an illness, but Zhang stood up again on his prosthesis.

He said he doesn’t want to be a burden for others, and wants his children to work wholehe

artedly for the Party and the people.Escalating disputes between China and the United States could signi

ficantly weaken sentiment in business and financial markets, disrupt global supply chains and create an e

conomic drag this year, the International Monetary Fund warned on Friday.

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Another major problem is that the return on equity in the

infrastructure sector is a mere 3 percent while that in the US capital market is about 12 percent. So how can the US attract more private capital to the infr

astructure sector without guaranteeing a return on equity equal to that in the capital market?

US suffering from a financial Dutch disease

The US’ monetary hegemony is itself a big impediment to the reindustria

lization process, which could be viewed as a sort of financial Dutch disease-the apparent causal

relationship between the increase in the economic development of a specific sector and a decline in other sectors. The mor

e heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k

een on strengthening the stock market to showcase his political and economic track record.

Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly redu

ce the trade deficit with China and deny Chinese investors access to its market all at the same time.

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The collaboration aims to make areas along the initi

ative safer, more sustainable and disaster-proof, according

to the declaration published during the two-day International Conference on Silk-road Disa

ster Risk Reduction and Development, which concluded in Beijing on Sunday.

Sunday marked China’s 11th National Disaster Prevention and Reducti

on Day, an annual event which began in 2009 after a devastating earthquake hit Sich

uan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.

More than 700 scientists from around 40 countries, regions and international organizations supported the declaration. It reco

mmended actions including data-sharing, investing in disaster risk reduction technologies and in

frastructure, and jointly enhancing disaster preparedness and response protocols.

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Three years ago, Zhao read about a hover surfboard i

 Canada, and that was when his “flying motorbike” fantasy became more of a reality.

Despite his enthusiasm, Zhao’s road to success was by no means smooth. He experienced c

ountless failures while trying to make the manned aircraft airborne during 1,559 flight tests. Zhao eve

n had to sell his apartment and borrow money from friends in order to continue his project.

He named the drone Jindouyun, or “Magic Cloud”, which was a flying cloud used

by fictional superhero Monkey King, a character from the Chinese classic Journey to the West.

He claims the lithium-battery-powered scooter can spend up to 30

minutes in the air, has a top speed of 72 kilometers per hour and can reach a height of 3,000 meters.

Zhao believed that the manned drone could prove to be an effectiv

e solution to ease traffic congestion, as well as for use by the fire departments or security forces.

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A purported doctor who goes by the alias Dahanc

chengxiang recently wrote a WeChat article saying he often encountered patients who fell for the fake adverti

sements, wasted money and treatment time and thus missed the opportunity to be cured.

The netizen also strongly opposed Li’s nomination shortly after the announce

ment, saying in an article that Li was morally unqualified because of Baidu’s insufficient regulation of adver

tising. The article went viral on social media but was removed over complains of libel by Baidu.

Li would not be the first controversial engineer to become an acade

mician, which carries perks such as stipends and medical se

rvices. In 2011, the public was outraged when Xie Jianping, a chemical engineer who created less harmful to

bacco products, became an academician of the Chinese Academy of Engineering.

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Such a personal goal can be seen, to a certain extentas a

microcosm of the national aspirations of both of their countries to gain a place in the global space arena via the cooperation and assistance of China.

Chea and Moreno Pena are part of a training program hosted by the China Academy of Space Technology.

The idea is to train a small group of elite foreign students to become s

pace industry engineers capable of developing and manufacturing satellites on their o

wn, thus enabling their countries to build their respective space industries and explore space.

Eight people are taking part in the program, which began in March 2018-two Ve

nezuelans, two Pakistanis, one Cambodian, one Russian, one Belarusian and one Kazakh.

“I am the first-ever Cambodian studying spacecraft knowledge,” Chea told

China Daily recently at the Shenzhou Institute, which is run by the academy.

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However, once the fish got into the river and lake sys

systems, they flourished. Decades later, the Asian carp population has grown to such an extent that it is

creating an ecological disaster, crowding out other species competing for rich food sources in waterways.

“The Asian carp is an important fish. It’s anThe newly established International Fish

eries Industrial Park, which opened on April 12 in Wickliffe, a town of 700 people in Kent

ucky, is a public-private partnership aimed at reducing local Asian carp populations while creating a zero-wast

e food production chain. incredible species and has been domesticated in Asia for more than 2,400 ye

ars,” He said. “We consume more Asian carp than any

other fish … We eat more silver carp than tuna and salmon combined.

“It is a problem here, but it’s not garbage, it’s a gold mine,” He said,

adding that in China, Asian carp processing is a $10 billion business.

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Online visa applications smooth traveChina DailyUpd

Increasing number of countries going digital when reviewing documents

An increasing number of countries have tapped into the convenience of e-visas to at

tract more tourists from China, the world’s largest source of outbound tourists.

According to tourism insiders, the Japanese embassy in Beijing sa

id on Thursday during a meeting with local travel agencies that it will launch e-visa serv

ices on May 1, allowing applicants to submit their materials online instead of sending paper documents.

“The embassy said that e-visa services may be available in consulates in other Chinese cities next year,” said H

an Zhisu, co-founder and CEO of 666visa.cn, a dome

stic platform where visa applicants can submit materials.Chen Zeyong, CEO of online visa service tigerwing.cn, said the

Japanese government issued 7 million visa stickers for Chinese nationals last year.

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