Monthly Archive March 2019

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With a length of 6.8 kilometers and a width of 46 meters

the two-way eight-lane tunnel will be the largest and widest in the worl

d upon completion. Its tunnel will be 1.2 meters longer and two lanes wider than the HZMB.

Yang said the immersed tunnel used the steel shell tube, the first of its kind in China, and there were many other new struct

ures and technologies, which brought lots of challenges, such as lack of technical standards in the country.

He said the tunnel will have 32 tubes and each tube will have about 10,000 tons of steel, 165 met

ers long and with a displacement of about 80,000 tons. Each tube has more than 2,500 separate chambers.

After tubes are built in factory, they are floated to th

e construction site, and the most difficult process is to sink and connect, Yan

g said. His company has invited experts to deliberate in rounds on the cement pouring, sealing and connection.

The Shenzhen-Zhongshan Bridge is another important infrastructure project of the country’s 13th Five-Year Plan (2016-2020).

The construction started on Dec 29, 2016. It is expected to put into operation in 2024.

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China becomes second-largest source of ‘unicorn com

China has become the world’s second-largest source of “unicorn companies” accordi

ng to the latest report on China unicorn companies by the Evergrande Research Institute.

With 88 in total, China is the world’s second-largest source of unicorn compani

es following the US with 151. The report cited data from IC Insight gathered between 2013 and Dec 31, 2018.

Twenty-two companies worldwide were included as super unicorn companies in 2018 and C

hina’s Fintech company Ant Financial ranked first in value worth $150 billion, the report said.

The US and China had the greatest number of new sup

r unicorns worth $10 billion last year with 12 and 7 respectively, accounting for 86.4 percent of

the world’s total. The UK, India and Singapore had one of these companies each in the same period.

New energy vehicles, artificial intelligence chips, robots, big da

ta, computer vision and cloud computing are the main areas for these emerging unicorns.

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Hainan’s hybrid seeds sprout along Belt, Road

Island province ‘will ensure’ that Boao Forum continues to promote cooperation

The international exchanges and cooperative efforts prompted

by the Boao Forum for Asia are turning Hainan province into the Silicon Valley of seeds for co

untries involved in the Belt and Road Initiative, according to a Hainan government official.

More hybrid rice seeds cultivated by Chinese scientists at the Nanfan Scientific and Rese

arch Breeding Base in Hainan are being introduced to ASEAN countries. The total combined area of hyb

rid rice cultivation in India, Vietnam, the Philippines, Pakistan and Indonesia – major rice-growing countries – has reac

hed 4.28 million hectares, said Wang Sheng, director of the Foreign Affairs Office of Hainan province.

Wang spoke at a news conference on March 19 before the Boao For

um for Asia 2019 Annual Conference in Boao, Hainan, which ends on Friday.

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We have sent farming experts to hybrid rice growing are

s overseas, and we give local farmers guidance, training and planning for future develop

ment,” said Xie, who has worked as an expert in Vietnam, Myanmar, Cambodia and Gambia.

Under the Boao Forum framework, Hainan has created a series of subforums, such as the

ASEAN-China Governors/Mayors Dialogue, the 21st Century Maritime Silk Road Island Economy subforum, the South China Sea su

bforum, the Roundtable Discussion for Overseas Chinese Business Leaders and Chinese think tanks, Wang said. “These diplo

matic platforms serve as new bridges to promote practical industrial cooperation between BRI countries.”

Activities at the Boao forum this year will highlight land and sea interconnectivity betwee

n BRI countries. Invitations will be sent to overseas participants to share in building a pilot free trade zone in Hainan.

Hong Kong youth groups will be invited to Hainan to see space satellite launch facilities, deep-sea science and techn

ology, seed breeding and other fields. Invitations will be extended to young people from ASEAN countries, Lanc

ang-Mekong river nations and BRI countries to promote people-to-people understanding, Wang said.

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streamline certain fees related to ports, highways and airpo

he said. In addition, the ministry will step up its efforts to manage the effects of eliminating highway toll stations at provincial boundaries.

The ministry also called for small and medium-sized enterprises to forge alliances for common development to consolidate the fragmented logistics sector.

In recent years, China’s logistics industry has been experiencing consistent growth on the back of steady economic progress and a rising domestic market. Accor

ding to the National Development and Reform Commission, logistics expenditures rose 9.8 percent to 13.3 trillion yuan, am

ounting to 14.8 percent of last year’s national GDP. The share was slightly up from the previous year.

The logistics sector is of strategic importance in the development of the market econom

y, and the ministry has been making consistent efforts to reduce logistics costs and raise efficiency. It redu

ced logistics spending by 56 billion yuan in 2016, 68 billion yuan in 2017 and 98 billion yuan in 2018.

China ranked 12th last year in the World Bank’s logistics performan

ce index covering 160 countries and regions. China’s position has moved up 15 places since 2016.

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onfidence to tackle technology challenges risings better

Chinese business leaders are more confident and prepared in addressing the challenges brought by new technologies than

those in many other countries, said Cindy Hook, CEO of Deloitte Asia-Pacific, a global consultancy firm, on Thursday.

While many business leaders in the rest of the world take a protective approach to using technologies, Ch

ina’s leaders would like to “disrupt their sectors” and facilitate real changes, Hook said on the sidelines of the Boao Forum for Asia.

“Chinese enterprises are looking at the technologies available-whet

her it’s artificial intelligence, big data or the like-to actually come up with whole-new busi

ness models and whole-new approaches to doing things, not just improving the old processes.”

With the readiness for technologies, China is likely to lead on many aspects of the unfol

ding Fourth Industrial Revolution, such as e-commerce, smart cities and the internet of things, Hook said.

The country’s impact on the revolution will be enlarged by its opening-up determina

tion, she added, citing the fresh opening-up measures announced by Premier Li Keqiang at the forum on Thursday.

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More appetite among Chinese, Asian collectors for Western art

hinese and Asian art collectors have become more knowledgeable, sophisticated and are branching out for m

ore Western works, said Francis Belin, president of Christie’s Asia, who is excited about the trend.

“Chinese clients have evolved from being very dedicated to Chinese arts to gaining increasing interest

in other categories and expanding the spectrum of the type of objects that they wish to collect,” Belin told

Xinhua in an interview in New York City during Christie’s Asian Art Week held on March 19-26.

Diversity of collecting is one of three “fundamental trends” the auction house has obse

rved among the Chinese and Asian buyers, Belin said, noting the increased appetite to collect across categories.

About 10 or 20 years ago, Asian collectors focused primarily on the art that relates to their own c

ulture, he said, “we’ve seen this evolved in the past years to be much more holistic in the collecting of our Asian buyers.”

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They’re the tiepishihu (dendrobium officinale), a valuable C

hinese herbal medicine,” said Ruan Jian, deputy manager of Anlong Xic

heng Xiushu Agriculture and Forestry. “Zhegui village has sufficient forest coverage, with p

roper altitude and climatic conditions, which is very suitable for growing imitation wild dendrobium.”

The plant, a member of the orchid family, is known as an important traditional medi

cine in China since many of its biomedical benefits have been scientifically examined.

Wild dendrobium officinale became an endangered species in the 1980s. However, with

the breakthrough of tissue culture technology in the early 2000s, artificially cultivated plants entered the market.

With the expansion in scale, dendrobium planted in some region

s suffered from problems such as pesticide residue, elevated levels of heavy metals and poor quality.

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Dream lifestyles in Dali end in disappointment

“If you are not satisfied with your life and don’t know why you have lost your smile; if you are unhappy and don’t like being where you are, go west – with Dali your destination.”

These lyrics form part of a song in the Chinese blockbuster movie Breakup Buddies, wh

ich was shot mostly in Dali, an attractive city in Yunnan province, and released in 2014.

The film inspired many middle-income earners tired of the hustle and bustle of urban life to quit their jobs in big cities and move to Dali.

However, unlike in Breakup Buddies, many people’s dreams of finding a

better life in Dali – which has provided the perfect backdrop for romantic trysts in hun

dreds of movies – have not had happy endings, and they are beginning to leave for a variety of reasons.

Chu Xiaogui, an author of popular books who moved to Dali from Beijing with her husba

nd in December 2015, said she had since witnessed many friends leaving and returning to their hometowns.

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hool in Xiangshui county in Yancheng, Jiangsu province,

Cao, the mayor of Yancheng, said on Sunday afternoon that repair work on schools damaged in the explosion was almost completed. Classes will resume on Monday.

Parents of nearby primary schools and kindergartens received text messages that the schools wou

ld reopen on Monday morning. Teachers and government workers had cleaned the classrooms and arranged the desks in order.

Gu Wei, who works about 350 kilometers away from his home near

the chemical plant, rushed home on hearing the news of the blast on Thursday. Concerned about safety, he se

nt his 16-year-old son to a relative’s home in a nearby township soon after he arrived at home that night.

Gu said he would send his son back home, where window glass w

as shattered by the explosion, on Sunday evening after the school announced it would open Monday.

But the 35-year-old still has some concerns about the environment, as his home in Sig

ang village is only about 4 km from the chemical industry park, where the explosion occurred.

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