Innholdsfortegnelse for Vol. 60/No. 38 i Beijing Review

UNITED STATES The Tribute in Light art installation, commemorating the 9/11 attack, produces two columns of light resembling the World Trade Center twin towers, in New York City, on September 11 EGYPT An archaeologist works on a wooden coffin at the site of a newly discovered ancient royal goldsmith’s tomb in the Draa Abul Naga necropolis in Luxor on September 9. Egypt’s Ministry of Antiquities announced that day the discovery of the tomb, which dates back to ancient Egypt’s New Kingdom period (16th–11th centuries B.C.) UNITED NATIONS Peter Thomson (left), President of the 71st session of the United Nations General Assembly, passes the presidential gavel on to Miroslav Lajcak (right), President of the 72nd session, as UN Secretary General António Guterres looks on at UN headquarters in New York City…

Xu Chenyan was born in 1981. Compared with many people from the post-80s gen-eration in China who are still struggling for an ideal career, Xu seems to have it all. When Xu was in middle school, he dem-onstrated a gift for mathematics and earned impressive results in various math competi-tions. After finishing his studies at Peking University and Princeton University in the U.S. as an algebraic geometry major, he started his career at the Beijing International Center for Mathematical Research of Peking University in 2013. Xi is the recipient of the national science and technology (S&T) award for Chinese youths, the Ramanujan Prize and many other national and international honors. He has also completed 30 theses, 24 of which were published in famous international mathematics journals. But he is still…

The Presidential Decree signed on February 7, 2017, approved the Strategy for Actions for the Development of the Republic of Uzbekistan along Five Priority Areas in 2017-2021, and worked out on the basis of a comprehensive study of pressing issues of the population. The adoption of the Strategy for Actions is one of the most significant events in the political life of the country. Uzbekistan reached to all-new level of advancement, as only developed countries can afford a long- term strategic planning. Such instruments are not available to countries that have serious problems in the national economy, ensuring the security where there is no ef- fective dialogue between different social groups. Our republic confidently entered into the number of the leaders of regional devel-opment and is moving rapidly towards the…

The State Council has approved the merger of China Guodian Corp. and Shenhua Group, according to a state- ment from the State-Owned Assets Supervision and Administration Commission (SASAC) of the State Council on August 28. The two com-panies, which are among the country’s largest power generators and coal producers respec-tively, will form the State Energy Investment Group Co. Ltd. Listed subsidiaries from the two groups, GD Power Development Co. Ltd. and China Shenhua Energy Co. Ltd., also announced the State Energy Investment Group Co. Ltd. as their parent company following the merger. A new giant After reorganization, the State Energy Investment Group Co. Ltd. will have total assets worth 1.8 trillion yuan ($275.65 billion), surpassing China Huaneng Group, which is currently the country’s largest power generator. The business sectors in…

Guarding Against Floods The water level of the Three Gorges project in central China’s Hubei Province on September 10 before a full-capacity storage test. The Three Gorges project initiated the test that day to increase its water level to the design maximum of 175 meters above sea level, as required by the State Flood Control and Drought Relief Headquarters. The project’s reservoir is expected to reach the high mark at the end of October or beginning of November. P2P Fraud Twenty-six executives of a Chinese online peer-to-peer (P2P) lender on September 12 were handed jail terms ranging from three years to life imprisonment for cheating the public out of large amounts of money. Anhui Yucheng and Yucheng Global, operators of online P2P lender Ezubao, and 10 company executives, including Yucheng…

The turn of the century has seen the largest amount of Chinese who had been study-ing or working overseas returning to China. What attracted these returnees was the dynamic development of China, its vast opportunities, and the favorable environment for start-ups or academic research.…

Development and liberalization of Uzbekistan economy throughout the last two decades are characterized by large- scale drastic reforms in the socio-economic system of the country. Increasing investment activities evidence significant improvements in business environment and the sustainable economic growth in recent years. Thus, the vol-ume of capital investments made throughout 2016 comprised $16.6 billion, a 9.6 percent increase compared to 2015 of which foreign investments and loans amounted to $3.7 bil- lion. Projected volume of foreign investments for 2017 is $4.5 billion. It should be noted that nearly $60 billion of foreign investments were drawn to the economy of Uzbekistan from 1991 through 2016, which allowed for ac-celerated implementation of modernization programs, technical and technological renewal of industries through introduction of modern technologies. With recent ongoing economic reforms and transitions…

China is home to 751 million Internet us-ers, and 343 million of them have had the experience of watching live streams, according to statistics released by the China Internet Network Information Center. Live streaming is a fledging but blooming industry in China. While presenting performances to their fans, live streamers gain fame and financial rewards. Among them, some top-notch ones, commonly known as cyber-celebrities, make much more money in a month than ordinary people do in a year. Some people are staunch followers of such cyber-celebrity idols, offering them rewards and purchasing the products they endorse. Some others, however, sniff at the so-called celebrities, blaming them for polluting the social atmo- sphere, and don’t see live streaming as a formal profession. Internet show girls, in particular, are under fire. No…

Bioethanol Fuel China plans to use ethanol gasoline across the country by 2020, the National Development and Reform Commission and the National Energy Administration (NEA) said on September 13. “The plan was unveiled as the country pushes the use of biofuel, which is renewable, applicable, envi-ronment-friendly and tech-savvy. It is an ideal alternative to fossil fuels,” a senior NEA official said. More than 40 countries and regions consume about 600 million tons of ethanol fuel every year, accounting for around 60 percent of the world’s annual gasoline use. China is the world’s third largest bioethanol producer and uses nearly 2.6 million tons a year. Gasoline blended with ethanol accounts for one fifth of its annual gasoline consumption. According to the plan, China aims to build an advanced liquid biofuel system…

After graduating from Peking University with a master’s degree in bio-inorganic chemistry in 1995, Wang Junfeng decided to continue his studies in the United States. From 2004 to 2009, he did his postdoctoral work at Harvard Medical School, during which time his research articles were published in top-notch science journals such as Nature. Eight years ago, Wang made a bold de-cision. He came back to China and began working at the Hefei Institutes of Physical Science under the Chinese Academy of Sciences (CASHIPS) in Hefei, capital of east China’s Anhui Province. “It was indeed a hard choice for many Chinese researchers overseas, to choose whether to continue to stay in a foreign country or go back to China,” Wang said. The dilemma was that the world’s most advanced equipment and…

Zhu Yuqing, a veteran film critic in Beijing, was pleasantly surprised when China’s box office revenue in 2017 hit 40 billion yuan ($6.11 billion) as of September 4. The revenue figures reached that level 69 days earlier than last year. “It’s really heartening news after 2016 witnessed the biggest slowdown in China’s film market over the past five years,” Zhu, founder of Beijing Juyinghui Film Culture Co. Ltd., China’s first movie evaluation and tar-get audience investigation service provider, told Beijing Review. Domestic turnaround Some believe that the better-than-expected box office success of homegrown films re-leased this summer has facilitated the growth of movie ticket sales in general. “Chinese films have performed quite well at the box of- fice recently,” Chen Siqin, assistant research fellow with the Communication University of China…