the loss and gross margin were 875 million yuan and -433 million yuan in the first nine months of last year, according to NetEase, citing the firm’s financing plan.
In April, the firm mortgaged its movable properties in Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu to raise money.
Earlier reports, including by Reuters, said the coffee chain had tapped Credit Suisse to w
ork on an IPO to raise $300 million on the US market as soon as in the second quarter of this year.
On April 10, Luckin announced plans to build new stores in ano
ther 14 Chinese cities and start selling tea-based beverages to satisfy customers’ diverse demands.
There are no more than 20 paintings ascribed to Leonardo da Vinci the Renaissance polymath and genius by art historia
ns around the world. And the majority of these works, housed at top museums worldwide, easily draw huge crowds.
Now, recent developments in high-definition reproduction technology are providing easy access to appreciating these paintings.
ments of outrage and public oppression. Crimes committed solely for economic gain
without such elements should not be handled as gang crimes, Jiang said. Also, to be iden
tified as a gang members, suspects must be aware of the mafia-style nature of the activities they are involved in.
“We’ve seen cases where judicial workers at the grassroots level have wrongly identifie
d mafia-style criminal gangs, so clarifying the legal definition is very important. Such g
angs are sometimes associated with crimes such as organizing prostitution and drug traffic
king, but it doesn’t mean that any group that is involved in such criminal activities can be handled as a mafia-style gang,”
said Lin Wei, vice-president of the University of Chinese Academy of Social Sciences and an expert in law.
According to the directive, gang members who commit minor crimes or who cause little bodi
ly harm to others, and who confess, can be given lenient sentences or even exempted from punishment. But those w
ho commit brutal crimes and cause severe harm to society won’t receive leniency, even if they confess.
perty, unlike men, women showed stronger preference to those that were close to premium education resources and transport infrastructure.
The changing trend has to some extent affected the marketing strategy of some property developers. Liu Ce, research direc
tor of Kaisa Group Holdings Ltd, a Hong Kong listed property developer, said the look of the property, inc
luding interior design and views, was becoming an important factor, while location and price were less decisive.
“The gender gap in the workplace is shrinking. Thus more women are financially capable of buying properties on th
eir own, especially those living in first and second-tier cities,” said Pan Helin, an economic commentator.
He said as the divorce ratio remained relatively high, owning property provided a sense of security for women.
“Growing salaries of women professionals have changed their perceptions about marriage,” he added. “More
women have come to realize the importance of having their own place and gaining independence.”
niversity and the Chinese Academy of Sciences’ Institute of Genetics and Development Biology. Their findings were published in the journal Science on Friday.
About 20 years ago, scientists discovered that plants, like animals, have robust immune sys
tems that can protect them from pathogens including viruses, fungi, bacteria and parasites.
Plants also have a unique “lure and catch” immune response to de
al with pathogens that have breached their cellular defense, but exactly how this work
ed remained unknown, said Zhou Jianmin, a researcher at the institute and one of the main scientists behind the study.
To probe this mystery, Zhou and his team investigated a protein called AvrAC, which is pro
duced by a bacterial pathogen that causes black rot on cabbage. The bacterium injects AvrAC int
o plant cells, where it acts as a “biochemical weapon” weakening the plant’s immune system.
They discovered that some plants have evolved to carry a resistance protein called ZAR1 that can detect bacterial prot
eins like AvrAC. These plants use special proteins as “bait” and trick the bacterial protein into attacking them inst
ead. While the bait is being attacked, ZAR1 is activated to form a multiprotein structure called resistosome, Zhou said.
Steel Association, urged the industry to be aware of the fact that growth may
outpace demand in the sector.
“China’s steel output grew rapidly in the first quarter of 2019, and crude steel
half of the world total, a record,” he said, adding the increased output has led to
increased steel inventories.
China’s iron and steel industry reported profits of 470.4 billion yuan ($70 billion)
in 2018, surging 39.3 percent year-on-year, while crude steel out
put grew 6.6 percent to 928.26 million tons, according to the National
Development and Reform Commission.
ALGIERS – Algerian President Abdelaziz Bouteflika announced his resignation on Tuesd
ay, weeks before his presidential term expires on April 28, official APS news agency reported.
The Constitutional Council, however, is due to hold an urgent meeting to validate Bouteflika’s resignation before making it official, APS said.
Deloitte Industry 4.0 Readiness Report. The research surveyed more than 2,000 global executives and public sector leade
rs in 19 countries, including about 130 from China, about how they are prepared to embrace the revolution.
According to the report, the revolution－which features the booming new technologies and th
e combination of them－has a big opportunity to positively change the world, but has also posed great
challenges. To thrive in the future, Hook believes businesses should strengthen cross-border cooperation and pri
oritize diversity and inclusiveness in corporate cultures－all to maximize the ideas and angles to tackle the challenges.
A key part of achieving diversity is to close the gender gap in bu
siness leadership, which is especially large in the Asia-Pacific region, including China.
According to a report from McKinsey Global Institute released last
year, slightly less than four women held leadership positions for every 10 men in bu
siness and politics, worldwide in 2016. The figure fell to one for four for the Asia-Pacific region, and one for five in China.
and the market size of sleeping pills and sleep aids has exceeded 250 billion yuan, according to Frost & Sullivan data.
In the next few years, demand will grow, and the market for sleeping a
ids and medicine will likely emerge as an important sub-category of the sector that ma
kes sleep-related products. The sub-category is foreseen to continue to expand, Frost & Sullivan data showed.
The University of Cambridge on Monday confirmed that China’s gaok
ao, or the National College Entrance Examination, is regarded as a suitable preparation for Ca
mbridge, in response to inquiries on whether it recognizes gaokao scores in a post on its official Sina Weibo account.
The inquiries poured in after reports said that the University of Camb
ridge announced it has started to accept China’s gaokao scores for Chinese stud
ents wishing to apply for undergraduate study at the prestigious British university.
The university, however, said this is not something new, but a policy Cambridge has implemented for years.
According to application information on the university’s website, successful applicants from China will usually have score
s in the top 0.1 percent of those taking the gaokao in their province. Applicants’ individual subject scores and scores in th