20.About Beijing Government and Economy
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About Beijing
Government and Economy
All citizens of the People’s Republic of
China who are 18 or older have the right to vote and
stand for election to become a deputy in the national
legislative body, the National People’s Congress (NPC). Elections
are by secret ballot and the NPC is elected for 5 years at a
time. The NPC enacts laws and amends the constitution.
The parliament building for the NPC is the Great Hall of the
People on the western side of Tiananmen Square. Most
positions of power within government are held by members of
the Communist Party of China, which is controlled by the
Politburo Standing Committee, a small group of 4 to 9. The
municipal government of Beijing administers city issues.
Great Hall of the People in Background.
Tiananmen Square.
Metropolitan Beijing is a major economic
engine in China. In 2008 Beijing’s nominal GDP was $150
billion US and its economy, like that of China as a whole,
has been growing rapidly. Finance is a major sector, with
Beijing Financial Street being its economic center.
Beijing’s Central Business District is the base of corporate
regional headquarters, upscale retail and housing.
Zhongguancun, on the city’s outskirts, is known as China’s Silicon
Valley and is a hub of the electronics and computer
industry. Beijing is also known as a retail and tourism center.
Almost 100,000 people
Chinese Parliament Hall
visit Wangfujing Street, one of Beijing’s major shopping
districts, every day. Beijing is also known for pirated items
including “brand name” clothing and accessories, music and
movies. The rapid expansion of Beijing’s industrial,
commercial and residential sectors has led to challenges
with air pollution, water quality, congestion, and
frequent “power saving” programs. To reduce smog, some heavy
industries are being encouraged to relocate elsewhere.
In order to counter the challenge of the global recession
the national government is investing heavily in
infrastructure projects which should benefit Beijing’s
economy in both the short and long term.
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