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News & Politics
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.

Country:
China
Language:
English
Publisher:
Beijing Review
Frequency:
Weekly
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52 Issues

in this issue

6 min.
economy

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 min.
world

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 min.
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…

5 min.
building a brand

Xiamen has a long trading history. Since the Song Dynasty (960-1279), the ancient Tea Horse trade route had run through it and other cities in Fujian Province, southeast China. Caravans carried tea, seafood and other goods to sell them to distant places. The port city was also a trade hub on the ancient Maritime Silk Road. Currently, it has become an important platform for Belt and Road cooperation and international exchanges. Getting things started In 1998, U.S. computer maker Dell chose Xiamen to establish its first factory in China. Later, BAX Global, a U.S.-based international shipping company, came to Xiamen as Dell’s partner, providing delivery and vendor-managed inventory services. Zhang Xiaobin, then an employee of BAX, recalled that when BAX got registered in Xiamen in 1999, the concept of logistics was unknown in China.…

5 min.
the sky’s the limit

For Australian pilot Myles Bernard Weston, Thanksgiving started in October this year. His wife and two daughters, who had been stuck in New Zealand since the Chinese New Year holiday in January due to disruptions caused by the novel coronavirus disease (COVID-19), were finally able to come back home in Xiamen, Fujian Province in southeast China. Weston has stayed on in Xiamen throughout, carrying on with his daily flights for Xiamen Airlines, with whom he has been working for two years. There were assignments even during the peak of the epidemic. In February, Xiamen Airlines delivered supplies to Wuhan, the city in central China then hardest hit by the virus, and Weston was the captain. Anti-epidemic work Along with medical supplies and food, the flight also carried eight doctors to Wuhan from Xiamen…

8 min.
high stakes

The author is Counselor of the Ministry of Foreign Affairs, China Seventy-five years ago, our fathers’ generation won the epic victory of the World Anti-Fascist War through years of heroic struggles. The ensuing decades witnessed the founding of the United Nations on October 24, 1945, the best hope of humankind to facilitate international cooperation and coordination and establish a new international order to avoid a third world war following two such cataclysms. From organizing peacekeeping missions to implementing the Millennium Development Goals and then the Sustainable Development Goals, from promoting South-South and North-South cooperation to implementing its Development Program, World Food Program and Environment Program, and from offering humanitarian and development assistance to children and mothers through its Children’s Fund to recognizing World Heritage Sites by its Educational, Scientific and Cultural Organization,…