In Forbes’s ranking, 309 of the world’s top 2,000 largest publ

 public companies are from the Chinese mainland and Hong Kong.

The United States has 575 companies, the most among the 61 countries and regions involved in the ranking.

Japan is third-largest contributor, with 223 companies joining in the list.

This year marks the 17th release of the Global 2000 ranking since it was first published by Forbes in 2003, when the Unite

d States was home to 776 companies in the list while the Chinese mainland and Hong Kong only had 43.

Industry-wise, banks and diversified finance make

up most of the list, with 453 companies appearing on it, followed by tech ind

ustry and construction industry, with 184 and 123 companies on the list, respectively.

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China’s new energy vehicle sales performed well in Ap

 April, despite the continuing downward trend of the automotive market, Securities Daily reported on Wednesday.

From January to April, the country’s NEVs market experienced strong gro

wth of sales and production, recording a year-on-year increase of 59.8 percent and 58.5 p

ercent, respectively, according to China Association of Automobile Manufacturers (CAAM).

China sold 97,000 NEVs last month, an increase of 18.1 percent year-on

-year, while the output reached 102,000, up 25 percent compared with a year earlier.

Pure electric vehicles saw a rise in both sales and output by 9.6 percent and 28.2 percent, respectively, to 71,000 units and 82,000 u

nits in April. Besides, about 26,000 plug-in hybrid vehicles were sold during the same period, surging by 50.9 p

ercent from a year earlier, and the output increased 13.6 percent to 20,000 units.

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Some companies find niche markets in the industry by

producing specialized bicycles for health, sports and slow urban lifestyles.

Century-old bike-maker Shanghai Phoenix Enterprise (Group) Co Ltd and Tianjin Flying Pigeon Cycle Development Co are

transforming to produce sports and leisure bicycles based on the fast growth for these types of products.

The output of such bicycles priced above 1,000 yuan saw an 18.5 percent year-on-year increase to 8.43 millio

last year, up 10.5 percentage points over the previous year and accounting for about 11.5 percent of the total.

Other companies including Bike8, Onelap and Incolor continue to manufact

ure innovative bicycles by improving the intelligent and network connecting levels of their products

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Uber has also weathered controversies including revelati

ions of a culture of sexism and bullying at Uber and US Department of Justice investigations. After a series of embarrassments, Kalanick was forced to res

ign in 2017 by a group of investors. Uber then hired Khosrowshahi to lead the company.

Uber has said it has the potential to grow not just in the cab hailing business, but also as a “sup

erapp” to provide logistic services, such as grocery and food delivery, organizing freight tra

nsportation, and even financial services, much like Grab, its Southeast Asian counterpart.

But market experts have struggled to find value in a company that has consistently posted los

ses, and warned that it may never be profitable. “The business is unprofitable, new entrants can enter the ma

rket, there is potential regulatory risk, and it is very price sensitive. What is there to like about this opportunity?” Ro

bert Johnson, professor of finance at Heider College of Business, Creighton University in Omaha, Nebraska said.

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hinese companies lead in global 5G patent applications with

Huawei ranking first, according to a report by IPlytics, an authorized patent data company.

Chinese companies topped the list for most 5G Standards-Essential Patents applications in communicat

ion systems by the end of April, accounting for 34 percent of the world’s total, The Paper reported Wednesday, citing the report.

Chinese tech giant Huawei has taken a leading role by owning 15 percent of Stan

dards-Essential Patents, according to the report Who Is Leading the 5G Patent Race?

5G SEPs are patents any company will have to use when implementing standar

dized 5G technology and no one can avoid them, giving them key value among all patents.

Three industrial leaders from China were included in the top 10 list of 5

G SEP family owners, with Huawei taking the crown, and ZET Corp and China Academy of

Telecommunications Technology grabbing fifth and ninth places, respectively.

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Sometimes there have been legitimate concerns lyin

 beneath the surface of the anti-China theory. I have not criticized the Australian government fo

r banning foreign campaign donations or requiring representatives of foreign governments to register with the authorities. On Hua

wei, I am neutral. Who knows what evidence was considered by the Australian National Security Committee of th

e Cabinet to justify the ban on the world’s biggest telecommunications company as a supplier of 5G equipment?

Publicity conflated, tinged with racism

But, as Evans says, a lot of the publicity has been conflated, even tinged with racism. Take the following examples:

In 2017, former China correspondent for Fairfax John Garnaut alleged t

hat China was exporting “racial chauvinism” to our universities. This generated a raft of headl

nes and bought warnings from Julie Bishop, then foreign minister, to Chinese students. B

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hinese prize for quantum research announced

A total of 12 million yuan ($1.78 million) of cash will be granted to 12 international scientists for their

groundbreaking academic contributions to the fields of quantum computation and quantum com

munications, according to a press release by the newly founded Micius Quantum Foundation on Friday.

With a combined donation of 100 million yuan from Chinese entrepreneurs, the foundation based in Hefei, East China’s Anhu

i province, will give each of the six annual laureates one million yuan. The foundation, a non-profit organization, ai

ms to promote development of quantum information science and technology.

The Micius Quantum Prize’s 2018 and 2019 laureates were announ

ced at the same time, as selection of first-year nominees took longer than expected, said Luo

Yi, president of the foundation and a scientist from the University of Science and Technology of China, based in Hefei.

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and serve the WTO’s interests and goals, and how sh

the organization’s reform be carried out? Two experts share their views on the issue with China Daily’s Liu Jianna. Excerpts fo

llow:China’s developing country status has not changedBai Ming, a senior research fellow at and deputy direc

tor of the Institute of International Market, Chinese Academy of International Trade and Economic Coope

rationDespite the large size of its economy and remarkable GDP growth, China remains the largest developing economy

. Even though there are no WTO definitions of “developed” and “developing” countries, compared with China, p

eople in developed countries enjoy higher living standards. Besides, China still has to lift millions of people out of pov

erty, especially in its central and western regions.Due to its huge population-the largest in the world-China’s per c

apita GDP is still very low in relation to that in developed countries. For instance, China’s per capita GDP of less th

an $10,000 in 2018 was meager compared with the US’ nearly $60,000, and low

er than the over $10,000 per capita GDP of some other developing countries such as Russia and Argentina.

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seeks further delay to Brexit, compromise with Labour Party

 Prime Minister Theresa May said on Tuesday she would ask the European

Union for a further delay to Brexit beyond

April 12 to give her time to sit down with the opposition Labour Party in a bid to

break the impasse over Britain’s departure.

Nearly three years since the United Kingdom voted to leave the EU in a shock referend

um result, British politics is in crisis and it is unclear how, when or if it will ever

leave the European club it first joined in 1973.

In a hastily arranged statement from her Downing Street office after spending

more than seven hours

chairing crisis cabinet meetings on how to plot a way out of the Brexit maze, May

said she was seeking a further extension to Brexit.

“We will need a further extension of Article 50, one that is as short as possible and which ends when we p

ass a deal. And we need to be clear what such an extension is for, to ensure we leave in a timely and orderly way,” she said.

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hina to add fentanyl to controlled narcotics listnyl-relat

hina will add Fentanyl-related substances into the supplementary l

ist of controlled narcotics with non-medical use starting May 1, government agencies said on Monday.

Fentanyl-related substances are defined as substances that have similar c

hemical structures to Fentanyl, according to a joint announcement made by the Minis

ry of Public Security, the National Health Commission and the National Medical Products Administration.

The new rule will be effective on May 1, they added.

Fentanyl is a powerful synthetic opioid, similar to morphine but 50 to 100 times more pote

nt. It can be prescribed to treat patients with severe chronic pain, according to the National Institute of Drug Abuse

However, doctors have been extremely cautious over its use, sin

ce fentanyl drugs can form addictions and lead to deadly overdoses if abused, it said.

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