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Beijing Review

Beijing Review Vol.63/No.4

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.

Страна:
China
Язык:
English
Издатель:
Beijing Review
Периодичность:
Weekly
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2 мин.
new models for new vitality

China’s policies to expand opening up, support innovation and improve the business environment have fueled the rapid growth of new business models that are contributing to the development of the economy. The first-store economy is a sterling example of this. Shanghai, as the country’s largest business hub, leads in attracting international and domestic brands to open their first store in the city. According to Shanghai Municipal Commission of Commerce data, 756 first stores opened in the first three quarters of 2019, a 74.6-percent jump year on year. By the end of November 2019, the figure had exceeded 900. After the first and second editions of the China International Import Expo in 2018 and 2019 respectively, the facilitated, transparent and enormous Chinese market is attracting more international brands to open their first regional…

1 мин.
phase-one deal signed

Chinese Vice Premier Liu He, head of the Chinese side of the China-U.S. comprehensive economic dialogue, and U.S. President Donald Trump hold up the signed China-U.S. phase-one economic and trade agreement during a ceremony at the White House in Washington, D.C. on January 15. In a message read out by Liu, Chinese President Xi Jinping said the conclusion of the agreement is good for China, the United States and the whole world. In the next step, the two sides need to implement the agreement in real earnest and optimize its positive impact, so as to make even greater progress in China-U.S. trade and economic cooperation, the Chinese president said.…

6 мин.
society

Battle in the Wild A rider tames horses in the snow-covered grassland in Xilinhot, Inner Mongolia Autonomous Region in north China, on January 12. Stable Employment The job market remained stable with the registered urban unemployment rate standing at 3.62 percent at the end of 2019, well below the government’s annual target of 4.5 percent, official data showed on January 14. Lu Aihong, a spokesperson for the Ministry of Human Resources and Social Security (MHRSS), said at a press conference that 13.52 million new urban jobs were created last year, much higher than the 11-million target. Jobs for college graduates and migrant workers have been particularly expanded, he said. Stable growth of the job market can be attributed to employment-boosting policies, and China’s expanding economic growth and optimized industrial structure that have been creating new job…

6 мин.
economy

Green Growth The banking and insurance regulator pledged to optimize financial services to facilitate the green development of the Yangtze River Economic Belt. Financial institutions will be encouraged to innovate green finance and supply diversified financial products to boost the development of the economic belt, according to a statement released by the China Banking and Insurance Regulatory Commission on January 13. Banking and insurance institutions will provide financing support to major projects that serve public interests despite a long period of investment returns. More efforts will be made to push information sharing to enhance the efficiency and coverage of financial support, the statement said, stressing the importance of cross-region cooperation in the Yangtze River Economic Belt. An action plan has been released to protect and restore the Yangtze River. The goals include eliminating more than…

1 мин.
world

THE PHILIPPINES The Taal Volcano erupts with a massive plume of ash and steam in Batangas Province on January 13. Nearly 50,000 people living near the volcano evacuated the area heeding an official warning UNITED KINGDOM Prime Minister Boris Johnson poses for a photo with Michelle O’Neill (second left), leader of Sinn Fein, Arlene Foster (second right), leader of the Democratic Unionist Party, and Julian Smith, Secretary of State for Northern Ireland, during his visit to Belfast on January 13. The two major parties in Northern Ireland have agreed to restore a power-sharing government, breaking a three-year political deadlock UNITED NATIONS A poster of the Year of the Rat stamp sheet at the UN Postal Administration in the UN headquarters in New York City on January 13. The stamp was issued in celebration of the…

6 мин.
people & points

CHINA SKY EYE ENGINEER The world’s largest and most sensitive radio telescope was put into operation on January 11, after a three-year trial. The chief engineer of the Five-hundred-meter Aperture Spherical radio Telescope (FAST), Jiang Peng, a doctorate from the Institute of Mechanics at the Chinese Academy of Sciences, joined the FAST team in 2009. He was responsible for the cable system. After multiple experiments and failures, the team worked out a solution. The 30-ton feed cabin, the core part of FAST, was finally hoisted up with six cables from six concrete towers on the surrounding hills. It was one of the three major technological breakthroughs to get FAST up. The single-dish telescope has a half-a-kilometer diameter and a receiving area equivalent to about 30 football fields. It is located in a naturally deep…