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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t in culture and education, attractiveness for foreign investment and consumption scale are also indicators under consideration.

Shanghai has the highest infrastructure and cultural environment indexes, and the financi

al hub’s talent, technological innovation and financing indexes are in the top three of the country.

Although Beijing’s soft environment index ranked first among all Chinese cities, its hard environment index lagged behind

due to restriction of natural resources such as air quality, climate and forest coverage rate, the report said.

With the best hard environment, South China’s Shenzhen also leads on the country’s technological innovation index.

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was disestablished in the latest government reshuffle and quara

ntine management functions were merged into the General Administration of Customs.

With a rising number of inbound foreign travelers and Chinese students returning home wit

h pets in tow, the administration issued the new rule in January to facilitate entry.

Shanghai Customs inspected 25 cats and 15 other pets at its ports of entry between May 1 and May 5. Twenty-seven of them were all

owed in after on-site inspections. Eleven were put under quarantine, and two were sent back to their original co

untry or region due to the lack of quarantine reports and rabies antibody test results.

Last year alone, 1,577 pets-822 dogs and 755 cats-entered Shanghai from overseas, customs data show.

Shanghai Customs has been publicizing information on the new regulations throu

gh various channels to passengers, including cooperating with more than 60 air carriers, it said.

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More than 2.5 million tourists visited West Lake in Zhejiang province over the May Day holiday.

What caught the attention of many of them was the presence of a team of eight intern

ational students, all wearing yellow vests and Bluetooth headsets, and riding electric scooters.

The eight were studying in Hangzhou, Zhejiang’s provincial capital. They are the first internatio

nal volunteer team serving at the famous spot, which was listed as a UNESCO World Heritage Site in 2011.

The foreign volunteers are from India, Mongolia, Banglade

sh, Indonesia, Democratic Republic of Congo, Ethiopia, Tanzania and Yemen.

“As Hangzhou is seeing an increasing number of individual travelers from abroad followin

g the 2016 G20 Summit … we have been considering how to diversify our volunteer forces during h

olidays and peak seasons for years,” said Liu Jian, director of the volunteer program.

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The 2018 laureates for theory are Juan Ignacio Cirac, David Deutsch, Peter Shor and Peter Zoller,

for their seminal theoretical work on quantum algorithms and physical architectures of quantum com

puters and simulators, while the experimental category prizes went to Rainer Blatt and David Wineland for pio

neering experiments that demonstrated fundamental elements of quantum computing with trapped ions.

The 2019 prizes were awarded to Charles Bennett, Gilles Brassard, Artur Ekert and Stephen Wiesner in the theory category for th

eir work on quantum cryptography, and experimental prizes went to Pan Jianwei and Anton Zeilinger for their grou

ndbreaking experiments that enabled practically secure and large-scale quantum communications.

The awards ceremony will be held on Sept 20, Luo said.

USTC has been leading the world’s quantum information science and techno

ogy development in recent years, with Pan’s team attracting enormous attention from home and abroad.

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with the aggregated industrial value added expanding by 8.5 percent year-on-year, 3.2 percentage points

higher than that in the January-February period.

Operation revenue jumped by 13.7 percent year-on-year i

n March, 10.4 percentage points more than that in the January-February period.

Stabilizing prices served as another driver of the rebound, according to an NBS analy

sis. The producer prices rose 0.4 percent year-on-year in March, ending a decline for eight months in a row.

The purchasing prices for raw materials edged up 0.2 percent from a ye

ar ago, 0.1 percentage points higher than that in the January-February period.

Preliminary estimates showed that the price changes added 26.8 billion yuan to industrial profits in March, and the cont

ribution of price changes to industrial profit growth rose by 4.5 percentage points from that in the Ja

nuary-February period, said senior statistician Zhu Hong from the NBS’s Industrial Bureau.

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tted by a white extremist against the local Muslim society, Islamic extremists were behind the atrocities that mainly targeted Christia

ns in Sri Lanka, with the Islamic State terrorist group claiming responsibility, although this has yet to be verified.

But, no matter who is behind such attacks, countries should not stand idly by or question another cou

ntry’s anti-terrorism initiatives. They should work together to fight all forms of extremism and terrorism, no matter the religion or rac

e behind them. Countries need to support each other’s efforts in this regard and share information and intelligence as nu

merouWith the IS group losing ground in the Middle East, thousands of IS fighters have fled and infiltrated other cou

ntries. Not to mention that extremist ideology of various forms still remains rampant thanks to its dissemination on socia

l media.s bloody lessons have repeatedly shown us that terrorists know no national boundaries.

Coordinated actions key to countering terrorism: China Daily e

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nergy of all parties, Belt and Road cooperation will definitely become deep and concrete, steady and extensive,” the report said.

“The Belt and Road will become a road of peace, prosperity, opening up, green development, innovatio

n, connected civilizations, and clean government. It wi

ll make economic globalization become more open, inclusive, balanced and beneficial to all.”

China will improve its oversight of human related scientific research and medic

al tests under draft laws and amendments submitted to China’s top legislature for review on Saturday.

Medical and scientific research related to human genes and embryos mi

ght present risks to health or violate ethics, and they must be strictly regulated therefore, said She

n Chunyao, senior legislator of the Constitution and Law Committee of the National People’s Congress.

A new item has been added to the country’s draft civil law, requiring that all

medical and scientific research related to human genes and embryos must f

ollow strict rules, laws and regulations, and should not pose a threat to people’s health or violate moral or ethical codes.

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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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 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.

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