Some companies find niche markets in the industry by

producing specialized bicycles for health, sports and slow urban lifestyles.

Century-old bike-maker Shanghai Phoenix Enterprise (Group) Co Ltd and Tianjin Flying Pigeon Cycle Development Co are

transforming to produce sports and leisure bicycles based on the fast growth for these types of products.

The output of such bicycles priced above 1,000 yuan saw an 18.5 percent year-on-year increase to 8.43 millio

last year, up 10.5 percentage points over the previous year and accounting for about 11.5 percent of the total.

Other companies including Bike8, Onelap and Incolor continue to manufact

ure innovative bicycles by improving the intelligent and network connecting levels of their products

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My personal hope is that if there is any way or any futur

e in trying to forecast earthquakes, it may very well happen in China,” said Tappo

nnier, also foreign associate member of the United States’ National Academy of Sciences.

Four leading ethics scholars in China are urging government authorities to intensify their supervision over scientific research to re

duce the chances of unethical use of biomedical technologies involving gene editing and stem cells.

The appeal, published in the journal Nature on Wednesday, referen

ced a major ethical scandal in November, when a Chinese scientist announced he had pro

duced the world’s first twin human babies whose genes were altered to make them immune to HIV.

According to the administration, the country is stricken by an average 20 earthquakes abo

ve magnitude 5 every year. There is an earthquake above magnitude 8 every decade. Since the turn of

the new millennium, more than 91,800 people have been killed by earthquakes in the country.

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hina, International Pavilion big expo drawsing distr

As landmarks of the International Horticultural Exhibition 2019 Beijing China, the China Pavilion and the Inter

national Pavilion are attracting large numbers of visitors thanks to their unique designs and functions.

Covering an area of 5 square kilometers, the expo is being held in the capital’s Yanqing district.

Following the ancient wisdom of the Chinese people, the China Pavilion takes the shape of a green b

uilding that can “breathe” and has “life”, as described on the exhibition’s official website.

Core portions of the pavilion are composed of terraced fields. Fun

ctions of both irrigation and insulation are at play, and th

e fields help reduce energy consumption of the building while also offering heating or cooling functions.

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Relevant government departments have begun inves

igations into the source of the vaccines to find out whether they were fake vaccines or smuggled in from overseas.

The HPV 9-valent vaccine, only officially available at Boao Super Hospital in the Boao Lech

eng International Medical Tourism Pilot Zone in Hainan since May last year, was developed for women bet

ween the ages of 16 and 26 to deal with diseases like cervical cancer caused by nine types of HPV.

The Boao pilot zone is the first place on the Chinese mainlan

d allowed to import HPV 9-valent vaccines and other drugs without ne

eding central government permission, in line with the nine preferential polices granted to it by the Stat

e in 2013, such as special permissions in importing medical technology, medical equipment and medicine.

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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.

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Taylor said the US will ultimately “pay the price for

this”, in the form of an incomplete and inaccurate understanding of China by barring scholars wh

o have great familiarity with US politics and policymaking and have the ear of Chinese officials.

Douglas H. Paal, vice-president of the Asia Program at the Carn

egie Endowment for International Peace, said it appears that the scholars who best unders

tand the US and communicate well with China’s leaders are being denied visas or threatened with denial.

“I don’t see how this is in America’s interest,” Paal said.

Some US media have mentioned that China also denies visas to

US academics, but Taylor and Paal said that has not been

their experience when applying for Chinese visas to visit China for academic exchanges.

In a news conference on Thursday, when asked if China rejected a visa application fr

om an adviser to US President Donald Trump, Foreign Ministry spokesman Lu Kang

said Chinese embassies and consulates overseas always handle visa applications according to law.

China welcomes cultural exchanges between China and the US an

d will actively promote mutual understanding between the two countries, Lu said.

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The latest official tone came from central bank’s D

puty Governor Chen Yulu over the weekend. He reassured that monetary policy will remain “p

rudent” and “with proper intensity”. The growth of broad money supply (M2) and aggregate social financi

ng should align with nominal GDP growth, according to a statement on the central bank’s website.

The deputy governor delivered a speech at the 39th mee

ting of the International Monetary and Financial Committee in Washington.

Chen also stressed that the further improvement of the exchange rate regime wo

uld “keep the renminbi exchange rate generally stable at an adaptive and equilibrium level”.

Lu Ting, chief economist in China with Nomura Securities, wrote in a research note that de

spite solid credit growth, underpinned by ongoing monetary and credit easing measures, the government is u

nlikely to engineer another long and large-scale “credit boom” due to much narrower policy room than before.

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Employees have been working according to the che

edule in some companies, including some well-known internet enterprises. Earlier this year, Youzan, an e-commerce compa

ny based in Hangzhou, Zhejiang province, triggered controversy by introducing the “996” schedule in its annua

l meeting. The move even prompted the labor authorities to conduct an investigation against Youzan.

Workers have been working overtime in many industries for yea

rs. But now, many programmers in internet companies are opposing the “996” schedu

le because the extra work does not come with any compensation or bonus. To reduce the labor cost, many high-tech and int

ernet companies are laying off workers. That means, there are fewer people left to shoulder the extra work. Tha

t’s a reason why the overloaded IT programmers have now burst out with complaints.

Alibaba chairman Jack Ma has said that only by working harder

and longer than others can an employee achieve success in life. He h

as also said that those who want to join Alibaba should be prepared to work for 12-hour work a day. This not only goe

s against the Labor Law but also violates the rights and interests of the employers, and could harm their health.

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The Chinese economy’s staggering aggregate and grow

wing contributions to global growth tend to mask its extremely unbala

nced development and widening gaps between the rich and the poor. That’s why before determin

ing whether a country is developed or not-and to present a comprehensive picture of its economy-the entire

gamut of the country’s economic data, including its aggregate and per capita GDP, should be taken into consideration.

The WTO treats developing and developed countries differently because some developing and least-developed countries

were deprived of their development rights and thus their chances to develop in the past because of colon

ialism and militarism. The WTO provides special treatment for some countries to ensure all economies get the chance

to develop without the fear of being squashed by the developed countries and their discriminative policies.

That China and the European Union, two staunch supporters of multilateralism and free tr

ade, reaffirmed their commitment at the China-EU Summit in Brussels on Tuesd

ay to cooperate on WTO reform, in order to ensure its continued relevance and allow it to meet the global trade c

hallenges is encouraging. The consensus reached between the two sides will help carry the WTO reform forward.

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China has set a goal of making itself a developed count

ntry in the forest sector by the middle of this century in a guideline on promoting the greening of the homeland issued in November. The count

ry also aims to increase its percentage of forest cover from 21.7 percent in 2018 to about 23 percent in 2020, and 26 percent in 2035.

China’s digital trade is expected to lead global trade development, with the economic value of di

gital trade-enabled productivity benefits to the Chinese economy estimated to reach 37 trillion yu

an ($5.5 trillion) by 2030,according to a report on how China can capture digital trade opportunities at home and abroad.

Digital trade has become increasingly important; there are a lot of definitions of digital trade going on, with

the most common one being e-commerce, including monetary transactions and exchanges of goods and services, said re

search project head Konstantin Matthies, noting the report studies digital trade with a much broader approach.

“Digital trade” refers to the production, distribution, marketing, sale or delivery of goods and servi

ces – domestically and abroad – supported by cross-border digital flows. This consists of trade in digi

tally enabled products and services and cross-border data flows that create economic value in the domestic economy, acc

ording to the report jointly released by the Center for China and Globalization as well as the Hinrich Foundation.

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