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icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio
n or more, the number of companies matching this label has mushroomed to 326, according to a report.
The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj
ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019.
The total valuation of the 326 unicorns has been raised to $1.1 trillio
n by investors, of which almost 30 percent is made up by the top seven unicorns with hig
hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.
types of onshore commodity futures contracts without registering a Chinese entity, and will continuously improve the relate
d rules, Lu Dongsheng, an official with the China Securities Regulatory Commission, told a forum on Tuesday
Lu also announced other measures to develop China’s commodity fut
ures market, such as accelerating the launch of ricThe Shanghai Futures Exchange will open
up its nonferrous metals futures contracts to foreign investors, Jiang Yan, Party secretary of the exchange, said at the s
ame forum. The bourGuo Shuqing, head of the China Banking and Insurance Regulatory Commissiose will also list a n
ew type of futures contract, TSR20 Rubber, which will be available to both domestic and foreign investors, he sai
d.Lu also announced other measures to develop China’s commodity futures market, such as accelerating the launch of
ative safer, more sustainable and disaster-proof, according
to the declaration published during the two-day International Conference on Silk-road Disa
ster Risk Reduction and Development, which concluded in Beijing on Sunday.
Sunday marked China’s 11th National Disaster Prevention and Reducti
on Day, an annual event which began in 2009 after a devastating earthquake hit Sich
uan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.
More than 700 scientists from around 40 countries, regions and international organizations supported the declaration. It reco
mmended actions including data-sharing, investing in disaster risk reduction technologies and in
frastructure, and jointly enhancing disaster preparedness and response protocols.
ogy giant Tencent to court and asked for 180,000 yuan in compensation after Tencent us
ed nine Visual China Group images without permission, Beijing Youth Daily reported.
Tencent said the images involved could also be found on other webs
ites, or the company could not prove it had authorization for the photos. The court fina
lly ordered Tencent to pay 40,000 yuan to Visual China, the report added.
Wang Weiwei, a lawyer from the Beijing Zhongwen Law Firm, sai
d, “Mushrooming copyright-related disputes can be acceptable if a stock-ima
ge agency, such as Visual China Group, gets authorization for images from copyright owners.
“Any litigation caused by true copyright infringement is no problem and is justifie
d, as it is also to help protect the legitimate rights and interest of the copyright owners,” he said.