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.

shlf123.cn

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.

www.shlfcom.cn

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.

www.qzof2.cn

hina aims to reduce cost of logisticsna aims to reduce

 logistics costs by nearly 121 billion yuan ($17.8 billion) this year, the Ministry of Transport an

nounced on Thursday at a news conference of the State Council Information Office.

Spokesman Wu Chungeng said the ministry will unveil a st

ring of measures not only to cut costs but to promote innovative development of the industry.

China will continue to increase railway freight volume, upgrade its

water transportation system, regulate highway freight transport and speed up mul

timodal transport in a bid to improve its logistics network and optimize its structure, Wu said.

It will also further integrate important ports and harbors into the inland multimodal transport and logistics netw

ork, which will connect them with more railways and highways and enable improved cargo interoperability, he said.

The country will also expand the use of pilot programs to deepe

n reform of the administrative law enforcement system in the logistics industry to improve i

qzof2.cn

Considering that the aircraft faces uncertainties in its airwo

irworthiness, after looking into the matter, the administration decided to suspend Boe

ing 737 MAX 8 airworthiness certifications immediately,” the Civil Aviation Administration of China said in a sta

tement unveiled on Tuesday, adding that the ongoing investigation had not ruled out design flaws in the aircraft.

“A certificate is granted by the country’s regulator after an aircraft has been inspected and

meets the requirements for safe operation,” said Li Xiaojin, a professor of aviation economics at Civil Aviatio

n University in Tianjin, “It’s a long process to determine whether an aircraft is airworthy.”

It took Boeing 15 months to get an airworthiness certificate for the first 737 MAX 8 from the a

dministration, he said, adding that the certificate was issued in October 2017.

The administration has sent experts to participate in investigations and will rev

iew the model’s airworthiness with a focus on alterations to the jet engine design and pla

cement. It will resume accepting applications for the certificate after the aircraft design is found to meet the requirements.

shlf222.cn

Considering that the two accidents took place after ne

 Boeing 737 MAX 8s were delivered, and went down just minutes after taking off, within five months of each other, they have some degre

e of similarity,” the administration said in its statement. The administration grounded all Chinese Boeing 737 MAX 8 jets on March 11.

“With China suspending the airworthiness certificate for the Boeing 737 MAX 8, domesti

c airlines are unable to purchase this model,” Li said, adding that it will undoubtedly cause great economic losses to Boeing.

As of the end of January, the Boeing 737 MAX family had 5,011 orders worldwide, of which 3

50 had been delivered. More than 420 orders came from China, with 96 already in commercial operation.

The future of the commercial aviation market in China is very exciting, Li said, and no othe

r country has more demand for aircraft. But safety questions are hindering Boeing, Li said.

A Southwest Airlines Boeing 737 MAX 8 heading to the California desert for parking during a global ban of the aircraft m

ade an emergency landing on Tuesday due to an engine-related problem shortly after takeoff, according to the carrier.

www.shlf111.cn

hina urges UK to stop interfering in Hong Kong’s affairs

China on Thursday urged the United Kingdom to respect China’s sovereignty and stop interfering in Hong Kong’s affairs.

Foreign Ministry spokesperson Geng Shuang made the remarks after the UK government released its latest six-monthly report on Hong Kong.

“We urge the UK to face the reality that Hong Kong has returned to China for 22 years, respect China’s s

overeignty, stop releasing relevant reports, and stop interfering in Hong Kong’s affairs,” Geng said at a press briefing.

It is undeniable that the “one country, two systems” practice has achieved widely-acknowledged success, he said.

“Hong Kong’s affairs have been entirely China’s internal affairs since

July 1, 1997. The British side has no right to make irresponsible remarks or interfere with any excuses,” Geng said.

shlf111.cn

Liu, the spokesman, said the ministry dispatched a team co

nsisting of 49 experts from institutes affiliated with the ministry and universities

, including Tsinghua University, to the site to help with the environmental aftermath from the explosion.

He also said the team has cut off the access of three rivers to Guanhe River, which empties into the sea, to prevent the pollution from spreading.

The three rivers inside the chemical industry park wer

e found contaminated soon after the blast. On Wednesday, an excessive amount of pollutants was still de

tected in two water bodies in the chemical park — the Xinfeng River and Xinnong River.

According to the Jiangsu environmental watchdog, the density of ammonia nitrogen in Xinfeng River reached 183 millig

rams per liter, 90.5 times higher than the national standard, at 10 am on Wednesday. The content of methylene chlor

ide in the river was about 15 times above the national standard with a density of 0.321 mg/L. The ch

emical oxygen demand in the water body stood at 343 mg/L, 7.6 times above the national standard, the watchdog said.

The watchdog also found an excessive amount of these pollutants in Xinnong River, though with much lower densities.

shlf2021.cn

The improvement is attributed to the establishment of a nati

national-level IP court under the Supreme People’s Court on Jan 1, which has strea

mlined the appeals process and helps prevent inconsistency in legal

applications, Ma said.

With such a national-level IP court,

litigants who disagree with the verdicts of local cou

rts at the city level or local IP courts can appeal directly to the top court instead

of appealing to provincial-level courts.

Under previous procedures, the two Chinese companies could not have appealed

to the top court directly but would have had to go to the Shanghai High People’s

Court after the first verdict.

Guan Yuying, an IP researcher at the Chinese Academy of Social Sciences, said

a streamlined litigation process and more p

rofessional judges for IP-related lawsuits will help ensure the judicial quality of

such complicated patent cases.

Wednesday’s trial was heard by a five-judge panel led by Luo Dongchuan, vice-

president of the top court and the chief judge of its IP court.

www.shlfshlf.cn

There is “more appetite” among them for western arts ac

oss the period, be they old masters’ paintings, impressionist, or modern and contemporary, he said.

The second trend is that Chinese and Asian markets continue to grow and flourish

despite short-term macroeconomic challenges the world is facing, Belin said.

“We continue to see strong appetite for collecting and strong growth.

We continue to see a very strong demand and we do see (in Asian Art Week here) very stro

ng buying appetite from our clients; a depth of biding that even surprised ourselves,” he said.

The third key trend in Asia is growing number of young collectors, Belin said.

“There are more young billionaires in Asia than we have in Europe and in the U.S., and that’s also reflected in collec

ting, which is very exciting for Christie’s, because we can bring our clients much earlier on the collecting journ

ey with the best art across the world. And we can accompany them for even longer time in their journey.”

The flourishing Chinese culture market represents “fantastic opportunities” for Christie’

s and the auction house always attaches greater importance to the Chinese market, said the senior industry leader.

Being the first international fine art auction house to be gran

www.ash66.cn