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Beijing Review

Beijing Review Vol.63/No.20

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.
protecting jobs

Despite the serious impact of the novel coronavirus disease (COVID-19), China hasn’t seen massive layoffs, and its employment situation is basically stable. According to a survey by the National Bureau of Statistics, unemployment rate in urban areas stood at 5.9 percent in March, down by 0.3 percentage point from February. The figures for April and May are expected to further decrease as resumption of work and production accelerates. In 2019, China’s monthly surveyed unemployment rate in urban areas was around 5 percent. This means that China’s job market has largely withstood the impact of the COVID-19 outbreak. The employment stability is a result of a series of measures taken by the Chinese Government through multiple channels to prevent job losses. Taxation and policy support to enterprises is a key means to ensure employment…

5 мин.
society

Lunch Break Villagers at the foot of Mount Qomolangma have a meal and relax after the spring plowing ceremony on May 4. Spring arrives there relatively late because of its high altitude Precipitation Mechanism Researchers have reconstructed the pattern and mechanism of precipitation variability in northeastern Qinghai-Tibet Plateau and arid Central Asia over the last 130,000 years. Both the northeastern Qinghai-Tibet Plateau and arid Central Asia are areas with fragile ecology because of arid climate and scarce precipitation. The overall study on the driving mechanism of precipitation in both regions is of great significance to better understand the hydrologic cycle and forecast regional climate change. Relevant available observation data showed that East Asian summer monsoon (EASM) and mid-latitude Westerlies are the main factors influencing the precipitation of northeastern Qinghai-Tibet Plateau and arid Central Asia. However,…

6 мин.
economy

Red Chip Boon China’s top securities regulator has adjusted the threshold for innovative red chip companies, or companies registered overseas but operating in the Chinese mainland, eligible to seek listing on the domestic market under a pilot scheme. The new requirement will allow overseas-listed innovative red chips that have a capitalization of 20 billion yuan ($2.83 billion) or above and possess self-developed, world-leading technologies, innovative strengths and strong positions in their industries to apply for domestic listing, said the China Securities Regulatory Commission (CSRC) on April 30. Previously, for red chip companies that are already listed overseas, only those with a capitalization of no less than 200 billion yuan ($28.3 billion) were eligible for the pilot scheme, which was launched in 2018 to support innovative enterprises to list in the Chinese mainland or…

1 мин.
world

RUSSIA Police patrol Red Square in Moscow on May 4. Russia had reported over 170,000 confirmed COVID-19 cases as of May 7 UNITED KINGDOM Passersby walk beside a Love NHS (National Health Service) sign outside a hospital in Manchester on May 5. The UK had overtaken Italy to become the worst-hit country in Europe by COVID-19 with the coronavirus-related death toll exceeding 30,000 on May 7 ISRAEL Students return to school for the first time in nearly two months in the central city of Modiin on May 3. Education authorities said schooling had resumed in 80 percent of cities and towns in the country ITALY A man walks his dog at the Piazza di Spagna in Rome on May 4, the day when the country entered phase two of the COVID-19 emergency, with some restrictions on personal…

6 мин.
people & points

VOLLEYBALL PLAYER RECOGNIZED Gong Xiangyu, a female Chinese volleyball player, was awarded this year’s National Outstanding Member of the Communist Youth League of China, according to a notice released on May 3. The 23-year-old Gong was born in Lianyungang in Jiangsu Province, east China. She was born to a sporting family. Her mother was a national fencing champion, while her father played with the Jiangsu under-23 basketball team. Gong plays as an opposite setter, and won an Olympic gold medal with the Chinese women’s volleyball team at the age of 19 at the Rio 2016 Summer Olympic Games. Playing her position to perfection during the 2019 FIVB Volleyball Women’s World Cup in Osaka, Japan, Gong’s role helped the team form a second-to-none offense and defense. She was also included in the 2019-20 Chinese women’s…

8 мин.
getting the job done

Xu Nan, a former intern at a tourism company in Shanghai, is rethinking her career plan. The graduating business management student had been interning with a tourism company and expecting to be hired there before the novel coronavirus epidemic struck. Since tourism, catering and hospitality industries were hit hard, Xu wants to hedge her bet in case her company doesn’t need her. She painstakingly applied to nearly 30 companies in the first quarter of the year but was called to only a few interviews as the epidemic continued. The few interviews she did were conducted mostly via telephone or video links, which is becoming the new normal. Xu is trying to adjust to the new reality though she said phone interviews make her especially nervous for she couldn’t see her interviewers…