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Beijing ReviewBeijing Review

Beijing Review

Vol. 62/No.21

Beijing Review is China's only national newsmagazine in English. It is published every week in Beijing, by the China International Publishing Group (CIPG). Launched in March 1958, Beijing Review reports and comments on the country's social, political, economic and cultural affairs, policy changes and latest developments. It also offers in-depth analysis on major regional and international events, and provides consulting and information services.

Beijing Review
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beijing review

President: Li YafangVice President: Luo XianyongAssistant President: Li ZhenzhouExecutive Editor: Yan WeiProduction Director: Yao BinCommentator: Lan XinzhenOpinion/Culture Editor: Ding YingWorld Editor: Yu LintaoNation Editor: Zan JifangBusiness Editor: Deng YaqingWeb Editor: Li Nan Ma Miaomiao, Zhang ShashaVisual Director: Pamela TobeyPhoto Editor: Wang XiangPhotographer: Wei YaoArt: Li ShigongDesign Director: Wang YajuanChief Designer: Cui XiaodongDesigner: Zhao BoyuProofreading: Ma Xin, Hou BeibeiDistribution Director: Hu KeqiangHuman Resources: Zhang YajieLegal Counsel: Yue ChengNorth America BureauChief: Yu ShujunTel/Fax: 1-201-792-0334E-mail: yushujun@bjreview.comAfrica BureauChief: Li JianguoTel: 27-71-6132053E-mail: casa201208@hotmail.comGeneral Editorial OfficeTel: 86-10-68996252Fax: 86-10-68326628English EditionTel: 86-10-68996250Advertising DepartmentTel: 86-10-68995807E-mail: ad@bjreview.com.cnDistribution DepartmentTel: 86-10-68310644E-mail: circulation@bjreview.com.cnAssociate Editors in Chief: Li Jianguo, Ding ZhitaoAssociate Executive Editors: Zan Jifang, Liu Yunyun, Ding YingEditorial Administrators: Zeng Wenhui, Shi BosenAssistant Executive Editor: Li FangfangEditorial Consultants: Rebeca Toledo, Sudeshna SarkarStaff Reporters: Tang Yuankai, Wang Jun, Pan Xiaoqiao, Yuan Yuan, Wang Hairong,…

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advocating synergy, rejecting clashes

Asia, a major cradle of human civilizations, boasts three of the four ancient civilizations that developed a rich legacy of art, culture and scientific achievements over thousands of years. Since ancient times, these civilizations were engaged in mutual exchanges and learning through trade routes such as the ancient Silk Road, which promoted the development of all Asian nations.In today’s modern society, technological progress has brought Asia’s multiple civilizations even closer, bridging geographical distances and nurturing cooperation in science and technology, education, culture, medical care as well as non-governmental exchanges. It has also expanded the channels and forms of these exchanges and mutual learning, creating and consolidating global harmony and progress.However, despite the positive gains, a sense of superiority and prejudice still exists in some countries’ mindsets, making them chauvinistic about…

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(XINHUA)Squeaky CleanInspectors use a drone to check a garbage station in a village in Wenan County, north China’s Hebei Province, on May 14. The county has launched a program to introduce closed trash containers to rural households as part of its campaign to improve the living environment.Well-Being BoostAs part of its efforts to enhance financial support for targeted poverty alleviation, China will improve the transmission mechanism of monetary policy, strengthen the management of refinancing and cut targeted reserve requirement ratio for inclusive financing, according to a guideline issued by the People’s Bank of China on May 15.Financial institutions in the banking sector are encouraged to support the advantageous industries in rural areas for the sake of poverty reduction, increase loan issuance and improve financial services for poverty relieving relocation.More efforts…

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NEEQ GainsFirms listed on China’s National Equities Exchange and Quotations (NEEQ), also known as the new third board, have gained more technical strength.By the end of 2018, the number of patents held by the firms on the board averaged 34 each, up 21.43 percent year on year, while 43.46 percent of the companies owned more than 20 patents for inventions.Analysts attributed the growing technical strength to higher research input. Data from annual reports showed that the combined research and development (R&D) expenditure of the firms totaled 59.91 billion yuan ($8.7 billion) in 2018, up 15.69 percent year on year.Their average R&D intensity, the proportion of R&D expenditure to sales revenue, stood at 3.23 percent. By the end of last year, 72 percent of the listed firms were in advanced manufacturing…

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RUSSIAPeople attend celebrations on Victory Day, marking the 74th anniversary of the defeat of Nazi Germany in World War II, in Moscow, on May 9(XINHUA)UNITED STATESTwo trains are seen during the celebration of the 150th anniversary of the completion of the first U.S. transcontinental railroad, at the Golden Spike National Historical Park at Promontory Summit, Utah, on May 10(XINHUA)SOMALIAPeople pass by a car bombing site in the capital city of Mogadishu on May 14. At least five people were killed and nine others injured when a car bomb hit the headquarters of Warta Nabada District(XINHUA)YEMENMichael Lollesgaard (center), Chair of the Redeployment Coordination Committee, speaks at a press conference in Hodeidah on May 14. The UN monitoring mission in Yemen welcomed the Houthi rebels’ handover of the security of Hodeidah ports…

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people & points

NEW SCI-TECH LEADER APPOINTEDWang Xi, former Director of the Shanghai Institute of Microsystem and Information Technology (SIMIT), Chinese Academy of Sciences (CAS), was appointed vice minister of Science and Technology, according to the State Council, China’s cabinet, in an announcement on May 14.Wang has devoted his work to semiconductor material science. He was part of the Hundred-Talent Program initiated by the CAS in 1984 to attract and cultivate talent. He was also awarded the National Science Fund for Distinguished Young Scholars.Born in 1966 in Shanghai, Wang received his bachelor’s degree from Tsinghua University in 1987 and later got his master’s and doctoral degrees in 1990 and 1993, respectively, from the SIMIT, formerly known as the Shanghai Institute of Metallurgy. He started his work in 1993 and was selected as an…