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Beijing Review

Beijing Review Vol.63/No.43

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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2 мин.
anchoring a vision

This year marks the 40th anniversary of the Xiamen Special Economic Zone (SEZ) since the State Council authorized the establishment of the first four SEZs in 1980. The 40-year development process of the city in Fujian Province, southeast China, also reflects China’s growth after reform and opening up. Each of the four SEZs, the other three being Shenzhen, Shantou and Zhuhai in Guangdong Province in the south, followed their unique development path. Xiamen carried out the trans-island development strategy. When the Xiamen SEZ was established, it had only an area of 2.5 square km on the main island. By March 1984, the SEZ was extended to the entire island but the resulting 131 square km was still not sufficient for the growing population and the ensuing economic development. Ultimately in June 2010, the SEZ…

5 мин.

Path to Progress An aerial view of rural roads in the city of Zunyi in Guizhou Province, southwest China. The drive to build roads in recent years has resulted in all villages in the area getting hardened roads. Conviction Age Lawmakers are mulling lowering the minimum conviction age for offenders to 12 under specific circumstances. The proposal was made in a draft amendment to the Criminal Law. The amendment was submitted to the Standing Committee of the National People’s Congress, the top legislature, on October 13. If a juvenile who has reached the age of 12 but is under 14 commits intentional homicide or inflicts an injury that leads to death under flagrant circumstances, he or she shall bear criminal responsibility upon attestation and approval of the Supreme People’s Procuratorate (SPP), according to the draft…

6 мин.

Digital RMB Shenzhen in the southern province of Guangdong issued 10 million yuan (1.47 million) worth of digital currency in a pilot program on October 12 to promote the application of the new form of currency. The program, in collaboration with the People’s Bank of China (PBC), the central bank, gave the money to 50,000 recipients via a random draw, each receiving 200 yuan ($29.6). It is an innovative move to spur consumption and domestic demand during the regular control and prevention of the novel coronavirus disease (COVID-19), and a routine test in the currency’s research and development process, according to local authorities. The Ministry of Commerce said in August that China would pilot the digital renminbi in select regions across the country, including the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Guangdong-Hong Kong-Macao…

1 мин.

SRI LANKA Students arrive at an examination site in Colombo to take the entrance exam of state universities on October 12 TAJIKISTAN President Emomali Rahmon casts his ballot at a polling station during the presidential election in Dushanbe on October 11. He was re-elected with over 90 percent of the vote IMF International Monetary Fund (IMF) chief economist Gita Gopinath speaks at a virtual press briefing in Washington, D.C., the U.S., on October 13. The global economy would contract by 4.4 percent in 2020, 0.8 percentage point above the June forecast, according to IMF’s latest World Economic Outlook report SPAIN The novel coronavirus disease (COVID-19) precautions remain as National Day is celebrated in Madrid on October 12 DPRK A military parade in Pyongyang on October 10 celebrates the 75th founding anniversary of the ruling Workers’ Party of Korea GERMANY Shoppers queue…

6 мин.
people & points

CHINESE PHYSICIST HONORED WITH U.S. AWARD Lu Chaoyang, a professor with the University of Science and Technology of China (USTC), recently has won the Rolf Landauer and Charles H. Bennett Award in Quantum Computing of the Physical Society (APS) for his significant contributions to optical quantum information sciences, especially on solid-state quantum light sources, quantum teleportation and optical quantum computing. Lu, born in Zhejiang Province, east China, in December 1982, was admitted to USTC in 2000 and earned his Ph.D. in Physics from the University of Cambridge in 2011. He has made significant research with international influence on quantum light sources and quantum teleportation. Founded in 1899, the APS is the world’s largest not-for-profit membership organization on physics with more than 50,000 members from all around the world. It established the award in…

6 мин.
overcoming limits

The district of Haicang is to Xiamen what Manhattan is to New York City and Santa Clara to California. It is the star of the port city in Fujian Province, southeast China. Any investor, be they from home or abroad, visits Haicang to decide whether to invest in Xiamen, and almost all senior officials touch base with Haicang during their official inspection trips to Xiamen. Haicang lies west of Xiamen Island, with the Haicang Bridge spanning 870 meters of the sea to link it with the island. Growing in connectivity and strategic importance, it has a concentration of pharmaceutical, integrated circuits (IC), harbor transport and railway freight industries. Eastward and southward it is connected by sea around the world; westward and northward it links to Europe and Central Asia via the…