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Beijing Review

Beijing Review Vol. 62/No.31

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.

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1 мин.
beijing review

President: Li Yafang Vice President: Luo Xianyong Associate Editors in Chief: Li Jianguo, Ding Zhitao Assistant President: Li Zhenzhou Executive Editor: Yan Wei Associate Executive Editors: Zan Jifang, Liu Yunyun, Ding Ying Production Director: Yao Bin Editorial Administrators: Zeng Wenhui, Shi Bosen Assistant Executive Editor: Li Fangfang Commentator: Lan Xinzhen Opinion/Culture Editor: Ding Ying World Editor: Yu Lintao Nation Editor: Zan Jifang Business Editor: Deng Yaqing Web Editor: Li Nan Editorial Consultants: Rebeca Toledo, Sudeshna Sarkar Staff Reporters: Tang Yuankai, Wang Jun, Pan Xiaoqiao, Yuan Yuan, Wang Hairong, Ji Jing, Lu Yan, Wen Qing, Li Qing, Li Xiaoyang, Ma Miaomiao, Zhang Shasha Visual Director: Pamela Tobey Photo Editor: Wang Xiang Photographer: Wei Yao Art: Li Shigong Design Director: Wang Yajuan Chief Designer: Cui Xiaodong Designer: Zhao Boyu Proofreading: Ma Xin, Hou Beibei Distribution Director: Hu Keqiang Human Resources: Zhang Yajie Marketing/PR Director: Pan Changqing Legal Counsel: Yue Cheng North America Bureau Chief: Yu Shujun Tel/Fax: 1-201-792-0334 E-mail: yushujun@bjreview.com Africa Bureau Chief: Li Jianguo Tel: 27-71-6132053 E-mail:…

2 мин.
violence is intolerable

On the evening of July 21, some radical demonstrators stormed the Liaison Office of the Central People’s Government in Hong Kong Special Administrative Region (HKSAR), defaced the national emblem and painted insulting words on the wall. The vicious acts have trampled the rule of law in Hong Kong and challenged the authority of the Central Government, and are absolutely intolerable. Earlier, violent protesters stormed the HKSAR Legislative Council complex, surrounded the police headquarters, attacked police officers and illegally stored dangerous goods and large amounts of offensive weapons. The protesters’ behaviors have gone far beyond peaceful demonstrations. The escalating incidents have revealed an attempt by this grouping and the forces behind it to paralyze the HKSAR Government, undermine the principle of “one country, two systems,” and impede China’s development by throwing the SAR…

6 мин.

High Above Sea Level Tourists visit an aquarium in Xining, northwest China’s Qinghai Province, which opened for trial operation on July 18. At an altitude of more than 2,200 meters above the sea level, the aquarium is the world’s highest and first on the Qinghai-Tibet Plateau. R&D Strength A total of 4.19 million people in China worked in research and development (R&D) in 2018, maintaining the world’s largest pool of R&D personnel for six consecutive years, the National Bureau of Statistics (NBS) said on July 23. China’s R&D spending was 1.97 trillion yuan ($286 billion) in 2018, 138 times the amount in 1991, according to an NBS report. It showed that the country’s R&D spending accounted for 2.18 percent of its GDP, reaching the world’s No.2 position after the United States. The number of patent applications…

5 мин.

Rebalancing Progress The economy moved a step forward in external rebalancing with the current account surplus plunging from more than 10 percent of the GDP in 2007 to 0.4 percent in 2018. The substantial decline can be attributed to shrinking trade balance driven by high import growth and an increase in services deficit, mostly driven by tourism, as well as higher commodity and semiconductor prices, according to a report released by the International Monetary Fund (IMF). Sun Xuegong, Director of the Institute of Economic Research of the National Development and Reform Commission, said the reduction means the economy has become more reliant on domestic demand, rather than external factors. “In an overall perspective, the current account surplus decline is conducive to the stability of the macroeconomy as a more domestic demand-driven economy has fewer…

1 мин.

SOUTH AFRICA Students sing and dance to mark Nelson Mandela Day at the square named for the deceased leader in Johannesburg on July 18 UNITED KINGDOM New Prime Minister Boris Johnson poses outside 10 Downing Street after his speech in London on July 24 SINGAPORE Some 11 tons of pangolin scales and 8 tons of elephant tusks were seized from a container from the Democratic Republic of the Congo going to Viet Nam via Singapore on July 23. It was the largest seizure ever of elephant tusks in the country CHILE Gita Gopinath (center), International Monetary Fund (IMF) chief economist, and Gian Maria Milesi-Ferretti (left), IMF deputy director for research, attend a press conference in Santiago on July 23 to present the IMF’s World Economic Outlook July 2019 update, which lowered the global growth forecast to 3.2…

6 мин.
people & points

LI PENG DIES AT 91 Li Peng, former Chairman of the Standing Committee of the National People’s Congress (NPC), China’s top legislative body, died of an illness in Beijing at the age of 91 on July 22. Li, the son of a revolutionary martyr, was born in Shanghai. He became a member of the Communist Party of China in 1945 and was sent to study in the Soviet Union three years later. He served in several vice-ministerial and ministerial positions before assuming the post of vice premier in 1983. Li was appointed as premier in 1988. In 1998, he was elected as chairman of the NPC Standing Committee. He retired from the post in 2003. Li was a prominent leader of China’s power industry and a key pioneer in the nuclear power sector. He…