Sandrine

The image, which showed a ringlike structure with a da

ark central region-the black hole’s shadow-depicted the black hole at the heart of Messier 87, a massive, distant gala

xy in the nearby Virgo galaxy cluster. It is 55 million light-years from Earth and has a mass 6.5 billion times that of the sun.

It was one example of the role that Tianma has played in international coordinated

observations. Its super sensitivity has made its observations useful as a reference by which other parti

cipants in the network can adjust their data, according to the Shanghai Astronomical Observatory.

“Tianma elevated the image quality of the EAVN, by about 50 percent, making a great co

ntribution to the research on extreme objects in the universe, such as black holes,” Shen said.

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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

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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And the challenges of environmental protection and

And the challenges of environmental protection and climate change were add

ressed, including the need to enhance our cooperation to implement the Paris Agreement.

President Xi’s commitment to ecological development and the pursuit of harmony between man and nature are important st

eps. hope the message in President Xi’s speech is taken seriously by everyone constructing buildings, homes and roads in

China, and they do so in a way that respects nature and protects local ecology.

As leader of the world’s second-largest economy, people within the People’s Republic of Chin

a will take notice, as will those around the world, thus furthering the cause of ecological protection.

Xi will serve to inspire businesses and young people in China to join the cause.

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Wheat growing on a farm in Huai’an, Jiangsu province

A threat to the viability of the current WTO dispute settlement system is the unilateralism and

protectionism of the United States. Specifically, this mechanism is in crisis because the Unit

ed States has prevented the appointment of new judges to the appellate body. Experts have warned that if th

e appellate body were to shut down because of a lack of judges, global trade governance will be put back 20 years.

Of course the WTO also needs to continually reforming itself so that it can keep up w

ith the times, and many countries have put forward relevant suggestions. For instance, the European Uni

on has released a paper putting forth ideas for a comprehensive modernization of the WTO, and the United States, Eur

ope, and Japan have together submitted a their own proposed reforms. And in November last year, China ann

ounced that it supported necessary reforms of the WTO and raised five proposals that aim to firmly uphold the rules-ba

sed multilateral trading system, resist protectionism, and let the WTO play a bigger role in world trade.

www.shidaikangfuyiyuan.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.

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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 country will also push for high-quality developmen

of the sector with a focus on improving financial services and forestalling financial risks.

Opening-up of China’s financial factor has sped up, as the country re

moved foreign ownership caps of banks and financial asset management firms last year.

Richard Turnill, global chief investment strategist of BlackRock, an American global investment man

agement corporation, is also positive on China’s stocks market, according to the Barron’s report.

Turnill said stronger inflows into Chinese A-shares, and China’s efforts to boost credit growth and sti

mulate its economy are also helpful to a bullish stock market.

However, selectivity of stocks is needed, Turnill said, adding that BlackRock favors b

rokers and companies related to the domestic consumer that can benefit from the efforts to stimulate growth locally.

Major securities traders in China, such as the Merchants Securities, CITIC Securities, and Fo

under Securities are all optimistic about China’s stocks market this year, according to a report from finance.sina.com.

www.youhuileyuan.cn

Philippines advised to treat Chinese firms fairlyortedly interes

Two Chinese companies are reportedly interested in buying the Philippines’ largest shipyard, once an important US naval base in the Pacific region. Some Phi

lippine politicians have expressed concern over a possible Chinese takeover, saying it will be a very significant national security issue.

An unexpected dilemma is brewing in the Philippines. Since the start of the presidency of Rodrigo Dutert

e, a marked warming of bilateral ties has stoked Chinese firms’ enthusiasm for investing in the Southeast Asian country. In 2018,

China’s outbound investment in the Philippines rose by more than 8,000 percent from a year earlier.

With the Belt and Road Initiative (BRI), China hopes to shore up economic cooperation and let count

ries and regions along the routes share the dividends of China’s growth. Most countries don’t want to miss the o

pportunity, the Philippines being no exception. If the Philippine government bans Chinese companies from buying the s

hipyard from its current South Korean owner, it will hit Chinese people’s enthusiasm for investing in the country.

However, the explosive growth of investment has triggered concern over China’s increasing presence in the Pacific r

egion. The mass migration of Chinese to Southeast Asia has a long history, and anti-Chinese sentiment has been floating in

those countries. An increased Chinese presence will perhaps intensify anti-Chinese sentiment and complicate the issue.

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Terrorist issue could be better addressed by Indiarror strike by P

A terror strike by Pakistan-based terrorist group Jaish-e-Mohammed killed at least 40 India paramilitary police and injured many others in the India

n-administered state of Jammu and Kashmir on Thursday, Indian media reported. Blind anger toward China was ignited after it.

Some Indian analysts sought to link the deadly attack to “China’s continued protection” of the perpe

trators. By refusing to back India’s appeal to list Masood Azhar, leader of terrorist outfit Ja

ish-e-Mohammed, as a global terrorist by the UN, they argued, China is supporting terrorism against India.

Citing China’s refusal to support the bid to have Azhar blacklisted by the UN, India in recent years has aggressively bl

amed China for allying with Pakistan in shielding terrorists. It disregards the fact that as a victim of terrorism itself, China has

pledged to support the international community’s anti-terrorism efforts and stands ready to work with India and all other countries to fight terrorism.

As for the issue of listing Azhar, Beijing has reiterated its stand several times that New Delhi should pr

ovide solid facts and proofs for banning Azhar. China has reason to cautiously handle the issue. Observers worry that blacklisting Azhar co

uld be used by India to increase its military pressure on Pakistan, thus risking exacerbating tensions between the two countries.

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