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China Asset Management

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China Asset Management Co., Ltd. ( ChinaAMC ; Chinese : 华夏基金管理有限公司 ; pinyin : Huáxià jījīn guǎnlǐ yǒuxiàn gōngsī ) is one of China 's biggest fund families. The company offers investment managers of National Social Security Fund , corporate annuities , Listed Open-end Fund (LOF) , Qualified Domestic Institutional Investor (QDII) funds and Qualified Foreign Institutional Investor (QFII) funds, etc. It is the first exchange-traded fund (ETF) manager in China, and the sole investment manager of Asian Bond Fund China Fund. The company is the first in the industry to initiate the investment philosophy of Research Creates Value.

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125-701: ChinaAMC was established in 1998 and is headquartered in Beijing , China, with branches in Shanghai , Nanjing , Shenzhen , Chengdu , and Hangzhou , and three subsidiaries-China Asset Management (Hong Kong), China Capital Management, and China Wealth Management. Li Yimei is the CEO of the company. Power Corporation acquired a stake in China Asset Management in 2011, which is followed by another stake purchase by Mackenzie Investments in 2017. Mackenzie

250-609: A QR code with effective periods of one to seven days. Previous fare schedules On December 28, 2014, the Beijing Subway switched from a fixed-fare schedule to the current distance-based fare schedule for all lines except the Capital Airport Express . Prior to the December 28, 2014, fare increase, passengers paid a flat rate of RMB(¥) 2.00 (including unlimited fare-free transfers) for all lines except

375-471: A considerable portion for steel and cement making. Power plants in the coal-mining regions of Shanxi, Inner Mongolia and Shaanxi, where coal consumption has tripled since 2000, and Shandong also contribute to air pollution in Beijing. Shandong, Shanxi, Hebei and Inner Mongolia, respectively rank from first to fourth, among Chinese provinces by coal consumption. There were four major coal-fired power plants in

500-419: A few pedestrians can pass through at a time. Once ubiquitous in Beijing, siheyuans and hutongs are rapidly disappearing, as entire city blocks of hutongs are replaced by high-rise buildings. Residents of the hutongs are entitled to live in the new buildings in apartments of at least the same size as their former residences. Many complain, however, that the traditional sense of community and street life of

625-763: A large public gathering of Beijing residents against the Gang of Four and the Cultural Revolution in Tiananmen Square was forcefully suppressed . In October 1976, the Gang was arrested in Zhongnanhai and the Cultural Revolution came to an end. In December 1978, the Third Plenum of the 11th Party Congress in Beijing under the leadership of Deng Xiaoping reversed the verdicts against victims of

750-476: A major center of electronics in China. In recent years, the expansion of Beijing has also brought to the forefront some problems of urbanization, such as heavy traffic , poor air quality , the loss of historic neighborhoods, and a significant influx of migrant workers from less-developed rural areas of the country. Beijing has also been the location of many significant events in recent Chinese history, principally

875-591: A military frontier command center. During the An-Shi Rebellion and again amidst the turmoil of the late Tang, local military commanders founded their own short-lived Yan dynasties and called the city Yanjing , or the "Yan Capital." Also in the Tang dynasty, the city's name Jicheng was replaced by Youzhou or Yanjing. In 938, after the fall of the Tang, the Later Jin ceded the frontier territory including what

1000-422: A minimum wait time of 14 minutes. On August 15, the initial line was extended to Yuquan Lu and had 13 stations over 15.6 km (9.7 mi). On November 7, the line was extended again, to Gucheng Lu, and had 16 stations over 22.87 km (14.21 mi). The number of trains per day rose to 100. Overall, the line delivered 8.28 million rides in 1971, averaging 28,000 riders per day. From 1971 to 1975,

1125-614: A new capital for his Yuan dynasty to the northeast of the Zhongdu ruins. The construction took from 1264 to 1293, but greatly enhanced the status of a city on the northern fringe of China proper . The city was centered on the Drum Tower slightly to the north of modern Beijing and stretched from the present-day Chang'an Avenue to the northern part of Line 10 subway . Remnants of the Yuan rammed earth wall still stand and are known as

1250-470: A pancake" ( tan da bing ). This pattern of development is frequently cited as a reason for Beijing's urban problems. Beijing has a monsoon-influenced humid continental climate ( Köppen : Dwa ), bordering on a cold semi-arid climate ( Köppen : BSk ) in the south and in the northwest, characterized by hot, humid summers due to the East Asian monsoon , and brief but cold, dry winters that reflect

1375-479: A paying adult. Senior citizens over the age of 65, individuals with physical disabilities, retired revolutionary cadres, police and army veterans who had been wounded in action, military personnel and People's Armed Police can ride the subway for free. Unlimited-rides fare Since January 20, 2019, riders can purchase unlimited rides fare tickets using the Yitongxing (亿通行) APP on smartphones, which generates

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1500-574: A period of 39 years. Also required was the execution or exile of government supporters of the Boxers and the destruction of Chinese forts and other defenses in much of northern China. Ten days after the treaty was signed the foreign armies left Beijing, although legation guards would remain there until World War II . With the treaty signed the Empress Dowager Cixi returned to Beijing from her "tour of inspection" on 7 January 1902 and

1625-457: A phone app. A May 2018 upgrade allowed entrance via scanning a QR code from the same app. Since the COVID-19 pandemic, a name and Chinese Resident Identity Card number must be entered when buying single-ride tickets for contact tracing purposes. This measure has been criticized for increasing the time spent buying tickets. Beijing Subway lines generally follow the checkerboard layout of

1750-694: A southeasterly direction. The Miyun Reservoir, on the upper reaches of the Chaobai River, is the largest reservoir within the municipality. Beijing is also the northern terminus of the Grand Canal to Hangzhou , which was built over 1,400 years ago as a transportation route, and the South–North Water Transfer Project , constructed in the past decade to bring water from the Yangtze River basin. The urban area of Beijing, on

1875-649: A subsidiary of China South Locomotive and Rolling Stock Industry Corp. Line S1's maglev trains were produced by CRRC Tangshan . The Beijing Subway Rolling Stock Equipment Co. Ltd. , a wholly owned subsidiary of the Beijing Mass Transit Railway Operation Corp. Ltd. , provides local assemblage, maintenance and repair services. There will be 6 fully automated lines at the level of GoA4 , including 4 lines in operation (the Yanfang line , Line 17 and Line 19 and

2000-426: A total of 600 million people. After this "pollution shock" air pollution became an important economic and social concern in China. After that the government of Beijing announced measures to reduce air pollution, for example by lowering the share of coal from 24% in 2012 to 10% in 2017, while the national government ordered heavily polluting vehicles to be removed from 2015 to 2017 and increased its efforts to transition

2125-524: A total of 655 million rides delivered in 2007, the government's subsidy averaged ¥0.92 per ride. As part of the urban re-development for the 2008 Olympics, the subway system was significantly expanded. In the summer of 2008, in anticipation of the Summer Olympic Games, three new lines— Line 10 (Phase 1), Line 8 (Phase 1) and the Capital Airport Express —opened on July 19. The use of paper tickets, hand checked by clerks for 38 years,

2250-499: Is one of the oldest cities in the world , with a rich history dating back over three millennia. As the last of the Four Great Ancient Capitals of China , Beijing has been the political center of the country for most of the past eight centuries, and was the largest city in the world by population for much of the second millennium CE . With mountains surrounding the inland city on three sides, in addition to

2375-728: Is 27.2 °C (81.0 °F). Precipitation averages around 528.0 mm (20.8 in) annually ( Haidian and Chaoyang has an average annual precipitation of 584.2 mm (23.0 in)), with close to three-quarters of that total falling from June to August. With monthly percent possible sunshine ranging from 42% in July to 62% in January and February, the city receives 2,490.5 hours of bright sunshine annually. Extremes since 1951 have ranged from −27.4 °C (−17.3 °F) on 22 February 1966 to 41.9 °C (107.4 °F) on 24 July 1999 (unofficial record of 42.6 °C (108.7 °F)

2500-500: Is a center for Beijing's economic expansion , with the ongoing or recently completed construction of multiple skyscrapers . Beijing's Zhongguancun area is a world leading center of scientific and technological innovation as well as entrepreneurship. Beijing has been ranked the city with the largest scientific research output by the Nature Index since the list's inception in 2016. Beijing hosts 176 foreign embassies as well as

2625-542: Is an integrated circuit card that stores credit for the subway, urban and suburban buses and e-money for other purchases. The Yikatong card itself must be purchased at the ticket counter. To enter a station, the Yikatong card must have a minimum balance of ¥3.00. Upon exiting the system, single-ride tickets are inserted into the turnstile, which are reused by the system. To prevent fraud, passengers are required to complete their journeys within four hours upon entering

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2750-585: Is an accepted version of this page Beijing , previously romanized as Peking , is the capital city of China . With more than 22 million residents, it is the world's most populous national capital city as well as China's second largest city after Shanghai . It is located in Northern China , and is governed as a municipality under the direct administration of the State Council with 16 urban, suburban, and rural districts . Beijing

2875-447: Is causing harm and danger to the population. The air pollution does directly result in significant impact on the morbidity rate of cardiovascular disease and respiratory disease in Beijing. Exposure to large concentrations of polluted air can cause respiratory and cardiovascular problems, emergency room visits, and even death. Dust from the erosion of deserts in northern and northwestern China results in seasonal dust storms that plague

3000-578: Is extending evening operations of all lines by one to three hours (to 1-2 a.m.) through the duration of the Games. The subway set a daily ridership record of 4.92 million on August 22, 2008, the day of the Games' closing ceremony . In 2008, total ridership rose by 75% to 1.2 billion. After the Chinese government announced a ¥4 trillion economic stimulus package in November 2008 ,

3125-515: Is famous for its siheyuans , a type of residence where a common courtyard is shared by the surrounding buildings. Among the more grand examples are the Prince Gong Mansion and Residence of Soong Ching-ling . These courtyards are usually connected by alleys called hutongs . The hutongs are generally straight and run east to west so that doorways face north and south for good Feng Shui . They vary in width; some are so narrow only

3250-582: Is home to the headquarters of most of China's largest state-owned companies and houses the largest number of Fortune Global 500 companies in the world, as well as the world's four biggest financial institutions by total assets. It is also a major hub for the national highway , expressway , railway , and high-speed rail networks. For a decade before the COVID-19 pandemic , the Beijing Capital International Airport

3375-552: Is mostly surrounded by Hebei Province and neighbors Tianjin to the southeast; together, the three divisions form the Jing-Jin-Ji cluster . It is ranked as the 10th most important city in the world by Knight Frank . Beijing is a global city and one of the world's leading centres for culture , diplomacy , politics , finance , business and economics , education , research , language , tourism , media , sport , science and technology and transportation and art. It

3500-766: Is now Beijing to the Khitan Liao dynasty, which treated the city as Nanjing , or the "Southern Capital", one of four secondary capitals to complement its "Supreme Capital" Shangjing (modern Baarin Left Banner in Inner Mongolia ). Some of the oldest surviving pagodas in Beijing date to the Liao period, including the Tianning Pagoda . The Liao fell to the Jurchen Jin dynasty in 1122, which gave

3625-601: Is one of the largest fund management companies in China with $ 261 billion (RMB 1.869 trillion) in Assets Under Management (including that of subsidiaries), and a client base comprising nearly 220,000 institutional clients and over 210 million retail investors. In June 2024, Reuters wrote that Qatar's sovereign fund Qatar Investment Authority had agreed to buy a 10% stake in ChinaAMC and was awaiting approval by Chinese regulators. Beijing This

3750-495: Is owned by Toronto-listed asset and wealth manager IGM Financial, which is owned by Power Corporation. Together they own 27.8% stake in ChinaAMC. CITIC Securities is the largest shareholder with 62.2% stake. In 2017, ChinaAMC became the first full-service Chinese asset manager to sign up for the United Nations-supported Principles for Responsible Investment (PRI). As of June 30, 2023, ChinaAMC

3875-518: Is the oldest metro system in mainland China and on the mainland of East Asia . Before the system began its rapid expansion in 2002, the subway had only two lines. The existing network still cannot adequately meet the city's mass transit needs. Beijing Subway's extensive expansion plans call for 998.5 km (620.4 mi) of lines serving a projected 18.5 million trips every day when Phase 2 Construction Plan finished (around 2025). The most recent expansion came into effect on December 30, 2023, with

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4000-462: The APEC China 2014 and the 2015 China Victory Day Parade , respectively. During and prior to these events, Beijing's air quality improved dramatically, only to fall back to unhealthy levels shortly after. On 8 and 9 December 2015 Beijing had its first smog alert which shut down a majority of the industry and other commercial businesses in the city. Later in the month another smog "red alert"

4125-757: The Boxers to eradicate this presence, as well as Chinese Christian converts, led to Beijing's reoccupation by eight foreign powers . During the fighting, several important structures were destroyed, including the Hanlin Academy and the (new) Summer Palace . A peace agreement was concluded between the Eight-Nation Alliance and representatives of the Chinese government Li Hongzhang and Yikuang on 7 September 1901. The treaty required China to pay an indemnity of US$ 335 million (over US$ 4 billion in current dollars) plus interest over

4250-410: The Capital Airport Express , which cost ¥25, The flat fare was the lowest among metro systems in China . Before the flat fare schedule was introduced on October 7, 2007, fares ranged from ¥3 to ¥7, depending on the line and number of transfers. Each station has two to fifteen ticket vending machines. Ticket vending machines on all lines can add credit to Yikatong cards. Single-ride tickets take

4375-680: The Chinese Communist Party (CCP), led by the Beijing CCP Secretary . The Municipal CCP Committee issues administrative orders, collects taxes, manages the economy, and directs a standing committee of the Municipal People's Congress in making policy decisions and overseeing the local government. Since 1987, all CCP Secretary of Beijing is also a member of the Politburo . Government officials include

4500-701: The Daxing Airport Express ) and 2 lines under construction ( Line 3 and Line 12 ), using domestically developed communications-based train control systems. The subway was proposed in September 1953 by the city's planning committee and experts from the Soviet Union . After the end of the Korean War , Chinese leaders turned their attention to domestic reconstruction. They were keen to expand Beijing's mass transit capacity but also valued

4625-626: The Ming city wall. Fares doubled to ¥0.20 for single-line rides and ¥0.30 for rides with transfers. Ridership reached 307 million in 1988. The subway was closed from June 3–4, 1989 during the suppression of the Tiananmen Square demonstrations . In 1990, the subway carried more than one million riders per day for the first time, as total ridership reached 381 million. After a fare hike to ¥0.50 in 1991, annual ridership declined slightly to 371 million. On January 26, 1991, planning began on

4750-733: The Second Opium War , Anglo-French forces captured the outskirts of the city, looting and burning the Old Summer Palace in 1860. Under the Convention of Peking ending that war, Western powers for the first time secured the right to establish permanent diplomatic presences within the city. From 14 to 15 August 1900 the Battle of Peking was fought. This battle was part of the Boxer Rebellion . The attempt by

4875-534: The Temple of Heaven . Next, there is what is sometimes referred to as the "Sino-Sov" style, with structures tending to be boxy and sometimes poorly constructed, which were built between the 1950s and the 1970s. Finally, there are much more modern architectural forms, most noticeably in the area of the Beijing CBD in east Beijing such as the new CCTV Headquarters , in addition to buildings in other locations around

5000-467: The Tiananmen Square protests of 1989 . The city has also hosted major international events, including the 2008 Summer Olympics and the 2015 World Championships in Athletics , and the 2022 Winter Olympics , making it the first city to ever host both Winter and Summer Olympics. Beijing is situated at the northern tip of the roughly triangular North China Plain , which opens to the south and east of

5125-451: The hutongs cannot be replaced, and these properties are often government owned. Beijing had a long history of environmental problems . Between 2000 and 2009 Beijing's urban extent quadrupled, which not only strongly increased the extent of anthropogenic emissions, but also changed the meteorological situation fundamentally, even if emissions of human society are not included. For example, surface albedo , wind speed and humidity near

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5250-830: The mayor ( Chinese : 市长 ) and vice-mayor. Numerous bureaus focus on law, public security, and other affairs. Additionally, as the capital of China, Beijing houses all of the important national governmental and political institutions, including the National People's Congress . Beijing Subway [REDACTED] The Beijing Subway is the rapid transit system of Beijing Municipality that consists of 27 lines including 22 rapid transit lines, two airport rail links , one maglev line and two light rail tram lines, and 490 stations . The rail network extends 836 km (519 mi) across 12 urban and suburban districts of Beijing and into one district of Langfang in neighboring Hebei province. In December 2023,

5375-415: The old inner and outer city walls , Beijing was strategically poised and developed to be the residence of the emperor and thus was the perfect location for the imperial capital. The city is renowned for its opulent palaces, temples, parks, gardens, tombs, walls and gates . Beijing is one of the most important tourist destinations in the world. In 2018, Beijing was the second highest earning tourist city in

5500-613: The 1980s) of the two characters as they are pronounced in Standard Mandarin . An older English spelling, Peking , was used by Jesuit missionary Martino Martini in a popular atlas published in Amsterdam in 1655. Although Peking is no longer the common name for the city, some of the city's older locations and facilities, such as Beijing Capital International Airport , with the IATA code PEK, and Peking University , still retain

5625-502: The Beijing Subway became the world's longest metro system by route length , surpassing the Shanghai Metro . With 3.8484 billion trips delivered in 2018 (10.544 million trips per day ) and single-day ridership record of 13.7538 million set on July 12, 2019, the Beijing Subway was the world's busiest metro system in the years immediately prior to the outbreak of the COVID-19 pandemic . The Beijing Subway opened in 1971 and

5750-406: The Beijing area. Beijing's annual average concentration of major airborne fine particulate matter, or PM2.5, declined to 30 micrograms per cubic meter in 2022, the best air quality for the city since 2013. Due to Beijing's high level of air pollution, there are various readings by different sources on the subject. Daily pollution readings at 27 monitoring stations around the city are reported on

5875-643: The Beijing urban planning commission further expedited subway building plans, especially for elevated lines to suburban districts that are cheaper to build. In December 2008, the commission moved completion dates of the Yizhuang and Daxing Lines to 2010 from 2012, finalized the route of the Fangshan Line, and unveiled the Changping and Xijiao Lines. Line 4 started operation on September 28, 2009, bringing subway service to much of western Beijing. It

6000-511: The Cultural Revolution and instituted the "policy of reform and opening up". Since the early 1980s, the urban area of Beijing has expanded greatly with the completion of the 2nd Ring Road in 1981 and the subsequent addition of the 3rd , 4th , 5th and 6th Ring Roads . According to one 2005 newspaper report, the size of newly developed Beijing was one-and-a-half times larger than before. Wangfujing and Xidan have developed into flourishing shopping districts, while Zhongguancun has become

6125-587: The Line 2 loop, marking the old Ming-Qing era city of Beijing . Each of the following lines provides service predominantly to one or more of the suburbs beyond the 5th Ring Road . Lines 15, S1 along with the Changping, Daxing, Yanfang lines extend beyond the 6th Ring Road . According to the Phase 2 construction plan approved by the NDRC in 2015, the length of Beijing Subway will reach 998.5 km (620.4 mi) when

6250-590: The Moscow Metro, was invited to plan the subway in Beijing. From 1953 to 1960, several thousand Chinese university students were sent to the Soviet Union to study subway construction. An early plan unveiled in 1957 called for one ring route and six other lines with 114 stations and 172 km (107 mi) of track. Two routes vied for the first to be built. One ran east–west from Wukesong to Hongmiao, underneath Changan Avenue. The other ran north–south from

6375-502: The Phase 2 construction finished. By then, public transit will comprise 60% of all trips. Of those, the subway will comprise 62%. The adjustment of the Phase 2 construction plan was approved by the NDRC on December 5, 2019. Which altered and expanded some projects in the Phase 2 construction plan. Including adjusting alignments of Line 22 and Line 28 and additional projects such as the Daxing Airport Line north extension,

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6500-595: The Qianmen gate and its arrow tower by slightly altering the course of the subway. The initial line was completed and began trial operations in time to mark the 20th anniversary of the founding of the People's Republic on October 1, 1969. It ran 21 km (13 mi) from Gucheng to the Beijing Railway Station and had 16 stations. This line forms parts of present-day Lines 1 and 2. It

6625-567: The Summer Palace to Zhongshan Park , via Xizhimen and Xisi. The former was chosen due to more favorable geological foundation and greater number of government bureaus served. The second route would not be built until construction on Line 4 began forty years later. The original proposal called for deep subway tunnels that can better serve military functions. Between Gongzhufen and Muxidi , shafts as deep as 120 m (390 ft) were being dug. The world's deepest subway station at

6750-656: The Tucheng. In 1368, soon after declaring the new Hongwu era of the Ming dynasty , the rebel leader Zhu Yuanzhang captured Dadu/Khanbaliq and razed the Yuan palaces to the ground. Since the Yuan continued to occupy Shangdu and Mongolia , Dadu was used to supply the Ming military garrisons in the area and renamed Beiping ( Wade–Giles : Peip'ing, "Northern Peace"). Under the Hongwu Emperor's feudal policies, Beiping

6875-421: The bureau was placed under the authority of Beijing Municipal Transportation Department. On April 20, 1981, the bureau became the Beijing Subway Company, which was a subsidiary of the Beijing Public Transportation Company. In July 2001, the Beijing Municipal Government reorganized the subway company into the Beijing Subway Group Company Ltd., a wholly city-owned holding company, which assumed ownership of all of

7000-402: The capital to Nanjing . After the Qing general Yuan Shikai forced the abdication of the last Qing emperor and ensured the success of the revolution, the revolutionaries accepted him as president of the new Republic of China . Yuan maintained his capital at Beijing and quickly consolidated power, declaring himself emperor in 1915. His death less than a year later left China under the control of

7125-417: The caves date to 230,000 to 250,000 years ago. Paleolithic Homo sapiens also lived there more recently, about 27,000 years ago. Archaeologists have found neolithic settlements throughout the municipality, including in Wangfujing , located in central Peking. The first walled city in Beijing was Jicheng , the capital city of the state of Ji which was built in 1045 BC. Within modern Beijing, Jicheng

7250-429: The center of Beijing, directly to the south of the Forbidden City , the former residence of the emperors of China. To the west of Tian'anmen is Zhongnanhai , the residence of China's current leaders. Chang'an Avenue , which cuts between Tiananmen and the Square, forms the city's main east–west axis. Beijing's pattern of development from the old inner city to its urban fringe are frequently described as "spreading like

7375-443: The city burned 26.3 million tons of coal, 73% of which for heating and power generation and the remainder for industry. Much of the city's air pollutants are emitted by neighboring regions. Coal consumption in neighboring Tianjin is expected to increase from 48 to 63 million tons from 2011 to 2015. Hebei Province burned over 300 million tons of coal in 2011, more than all of Germany, of which only 30% were used for power generation and

7500-410: The city such as the Beijing National Stadium and National Center for the Performing Arts . Since 2007, buildings in Beijing have received the CTBUH Skyscraper Award for best overall tall building twice, for the Linked Hybrid building in 2009 and the CCTV Headquarters in 2013. The CTBUH Skyscraper award for best tall overall building is given to only one building around the world every year. In

7625-450: The city to provide electricity as well as heating during the winter. The first one (Gaojing Thermal Power Plant) was shut down in 2014. Another two were shut in March 2015. The last one (Huaneng Thermal Power Plant) would be shut in 2016. Between 2013 and 2017, the city planned to reduce 13 million tons of coal consumption and cap coal consumption to 15 million tons in 2015. The government sometimes uses cloud-seeding measures to increase

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7750-426: The city to the Song dynasty and then retook it in 1125 during its conquest of northern China . In 1153, the Jurchen Jin made Beijing their "Central Capital", or Zhongdu . The city was besieged by Genghis Khan 's invading Mongolian army in 1213 and razed to the ground two years later. Two generations later, Kublai Khan ordered the construction of Dadu (or Daidu to the Mongols, commonly known as Khanbaliq ),

7875-453: The city won the bid to host the 2008 Summer Olympics and accelerated plans to expand the subway. From 2002 to 2008, the city planned to invest ¥63.8 billion (US$ 7.69 billion) in subway projects and build an ambitious "three ring, four horizontal, five vertical and seven radial" subway network. Work on Line 5 had already begun on September 25, 2000. Land clearing for Lines 4 and 10 began in November 2003 and construction commenced by

8000-449: The city. Most lines through the urban core (outlined by the Line 10 loop) run parallel or perpendicular to each other and intersect at right angles. The urban core of Beijing is roughly outlined by the Line 10 loop, which runs underneath or just beyond the 3rd Ring Road . Each of the following lines provides extensive service within the Line 10 loop. All have connections to seven or more lines. Lines 1, 4, 5, 6, 8, and 19 also run through

8125-430: The city. Mountains to the north, northwest and west shield the city and northern China's agricultural heartland from the encroaching desert steppes. The northwestern part of the municipality, especially Yanqing District and Huairou District , are dominated by the Jundu Mountains , while the western part is framed by Xishan or the Western Hills . The Great Wall of China across the northern part of Beijing Municipality

8250-399: The city. The Marco Polo Bridge Incident triggered the Second Sino-Japanese War , World War II as it is known in China. During the war, Beijing fell to Japan on 29 July 1937 and was made the seat of the Provisional Government of the Republic of China , a puppet state that ruled the ethnic-Chinese portions of Japanese-occupied northern China . This government was later merged into

8375-425: The city; the Beijing Weather Modification Office sometimes artificially induces rainfall to fight such storms and mitigate their effects. In the first four months of 2006 alone, there were no fewer than eight such storms. In April 2002, one dust storm alone dumped nearly 50,000 tons of dust onto the city before moving on to Japan and Korea. The municipal government is regulated by the Municipal Committee of

8500-436: The co-capital. (A 1425 order by Zhu Di's son, the Hongxi Emperor , to return the primary capital to Nanjing was never carried out: he died, probably of a heart attack, the next month. He was buried, like almost every Ming emperor to follow him, in an elaborate necropolis to Beijing's north.) By the 15th century, Beijing had essentially taken its current shape. The Ming city wall continued to serve until modern times, when it

8625-436: The connecting line between Yizhuang line , Line 5 and Line 10 . The Beijing Subway is owned by the Beijing Municipal People's Government through the Beijing Infrastructure Investment Co., LTD, (北京市基础设施投资有限公司 or BIIC), a wholly owned subsidiary of the Beijing State-owned Assets Supervision and Administration Commission (北京市人民政府国有资产监督管理委员会 or Beijing SASAC), the municipal government's asset holding entity. The Beijing Subway

8750-421: The construction of the Beijing Subway and the 2nd Ring Road . During the Cultural Revolution from 1966 to 1976, the Red Guard movement began in Beijing and the city's government fell victim to one of the first purges. By the autumn of 1966, all city schools were shut down and over a million Red Guards from across the country gathered in Beijing for eight rallies in Tian'anmen Square with Mao. In April 1976,

8875-488: The control of the People's Liberation Army in early 1970, but reliability problems persisted. On January 15, 1971, the initial line began operation on a trial basis between the Beijing railway station and Gongzhufen . Single ride fare was set at ¥ 0.10 and only members of the public with credential letters from their work units could purchase tickets. The line was 10.7 km (6.6 mi) in length, had 10 stations and operated more than 60 train trips per day with

9000-578: The dynasty, but he and his Shun court abandoned the city without a fight when the Manchu army of Prince Dorgon arrived 40 days later. Dorgon established the Qing dynasty as a direct successor of the Ming (delegitimising Li Zicheng and his followers) and Beijing became China's sole capital. The Qing emperors made some modifications to the Imperial residence but, in large part, the Ming buildings and

9125-450: The early 21st century, Beijing has witnessed tremendous growth of new building constructions, exhibiting various modern styles from international designers, most pronounced in the CBD region. A mixture of both 1950s design and neofuturistic style of architecture can be seen at the 798 Art Zone , which mixes the old with the new. Beijing's tallest building is the 528-meter China Zun . Beijing

9250-542: The eastward extension of Line 1 under Chang'an Avenue from Fuxingmen. The project was funded by a 19.2 billion yen low-interest development assistance loan from Japan. Construction began on the eastern extension on June 24, 1992, and the Xidan station opened on December 12, 1992. The remaining extension to Sihuidong was completed on September 28, 1999. National leaders Wen Jiabao , Jia Qinglin , Yu Zhengsheng and mayor Liu Qi were on hand to mark

9375-620: The end of the year. Most new subway construction projects were funded by loans from the Big Four state banks. Line 4 was funded by the Beijing MTR Corporation, a joint-venture with the Hong Kong MTR . To achieve plans for 19 lines and 561 km (349 mi) by 2015, the city planned to invest a total of ¥200 billion ($ 29.2 billion). The next additions to the subway were surface commuter lines that linked to

9500-493: The energy system to clean sources. Joint research between American and Chinese researchers in 2006 concluded that much of the city's pollution comes from surrounding cities and provinces. On average 35–60% of the ozone can be traced to sources outside the city. Shandong Province and Tianjin Municipality have a "significant influence on Beijing's air quality", partly due to the prevailing south/southeasterly flow during

9625-528: The form of an RFID-enabled flexible plastic card. Passengers must insert the ticket or scan the card at the gate both before entering and exiting the station. The subway's fare collection gates accept single-ride tickets and the Yikatong fare card. Passengers can purchase tickets and add credit to Yikatong card at ticket counters or vending machines in every station. The Yikatong , also known as Beijing Municipal Administration & Communication Card (BMAC),

9750-558: The former romanization. The single Chinese character abbreviation for Beijing is 京 , which appears on automobile license plates in the city. The official Latin alphabet abbreviation for Beijing is "BJ". The earliest traces of human habitation in the Peking municipality were found in the caves of Dragon Bone Hill near the village of Zhoukoudian in Fangshan District , where Peking Man lived. Homo erectus fossils from

9875-650: The general layout remained unchanged. Facilities for Manchu worship were introduced, but the Qing also continued the traditional state rituals. Signage was bilingual or Chinese. This early Qing Beijing later formed the setting for the Chinese novel Dream of the Red Chamber . Northwest of the city, Qing emperors built several large palatial gardens including the Old Summer Palace and the Summer Palace . During

10000-943: The headquarters of many organizations, including the Asian Infrastructure Investment Bank (AIIB), the Shanghai Cooperation Organisation (SCO), the Silk Road Fund , the Chinese Academy of Sciences , the Chinese Academy of Engineering , the Chinese Academy of Social Sciences , the Central Academy of Fine Arts , the Central Academy of Drama , the Central Conservatory of Music , and the Red Cross Society of China . Over

10125-508: The heart of the capital to the Western Hills. On February 4, 1965, Chairman Mao Zedong personally approved the project. Construction began on July 1, 1965, at a groundbreaking ceremony attended by several national leaders including Zhu De , Deng Xiaoping , and Beijing mayor Peng Zhen . The most controversial outcome of the initial subway line was the demolition of the Beijing's historic inner city wall to make way for

10250-723: The influence of the vast Siberian anticyclone . Spring can bear witness to sandstorms blowing in from the Gobi Desert across the Mongolian steppe , accompanied by rapidly warming, but generally dry, conditions. Autumn, similar to spring, is a season of transition and minimal precipitation. From 2001 to 2024, the hottest period in Beijing is early August, and the coldest period is late January. According to China's seasonal division standard, Beijing enters spring on 26 March, summer on 20 May, autumn on 13 September, and winter on 31 October. The average annual temperature in

10375-641: The larger Wang Jingwei government based in Nanjing. In the final phases of the Chinese Civil War , the People's Liberation Army seized control of the city peacefully on 31 January 1949 in the course of the Pingjin Campaign . On 1 October that year, Mao Zedong announced the creation of the People's Republic of China from atop Tian'anmen . He restored the name of the city, as

10500-527: The largest fleets in the world. Beijing became the first city in China to require the Chinese equivalent to the Euro 4 emission standard . Coal burning accounts for about 40% of the PM 2.5 in Beijing and is also the chief source of nitrogen and sulphur dioxide. Since 2012, the city has been converting coal-fired power stations to burn natural gas and aims to cap annual coal consumption at 20 million tons. In 2011,

10625-462: The likelihood of rain showers in the region to clear the air prior to large events, such as prior to the 60th anniversary parade in 2009 as well as to combat drought conditions in the area. More recently, however, the government has increased its usage of such measures as closing factories temporarily and implementing greater restrictions for cars on the road, as in the case of " APEC blue " and "parade blue", short periods during and immediately preceding

10750-500: The most notable being the 2008 Summer Olympics and 2008 Summer Paralympics Games. In 2022, Beijing became the first city ever to host both the Summer and Winter Olympics , and also the Summer and Winter Paralympics . Beijing combines both modern and traditional style architectures , with one side of the city being modernized and renovated to fit the times, and the other half still offering traditional hutong districts. Beijing

10875-469: The narrow alleys between siheyuans, are major tourist attractions and are common in urban Beijing. Beijing's public universities make up more than one-fifth of Double First-Class Construction universities, and many of them consistently rank among the best in the Asia-Pacific and the world. Beijing is home to universities, including Tsinghua University and Peking University . Beijing CBD

11000-618: The network, high capacity Type A trains are increasingly being used. Additionally, Type D trains are being used in express subway lines. Until 2003 nearly all trains were manufactured by the Changchun Railway Vehicles Company ;Ltd. , now a subsidiary of the China CNR Corporation . The newest Line 1 trains and those on Lines 4, 8, Batong, Changping and Daxing are made by Qingdao Sifang Locomotive & Rolling Stock Co. ,

11125-477: The new capital, to Beijing, a decision that had been reached by the Chinese People's Political Consultative Conference just a few days earlier. In the 1950s, the city began to expand beyond the old walled city and its surrounding neighborhoods, with heavy industries in the west and residential neighborhoods in the north . Many areas of the Beijing city wall were torn down in the 1960s to make way for

11250-603: The new imperial residence, the Forbidden City , took from 1406 to 1420; this period was also responsible for several other of the modern city's major attractions, such as the Temple of Heaven and Tian'anmen . On 28 October 1420, the city was officially designated the capital of the Ming dynasty in the same year that the Forbidden City was completed. Beijing became the empire's primary capital, and Yingtian, also called Nanjing ("Southern Capital"), became

11375-550: The north and east of the city. Line 13 , a half loop that links the northern suburbs, first opened on the western half from Huilongguan to Xizhimen on September 28, 2002 and the entire line became operational on January 28, 2003. Batong line , built as an extension to Line 1 to Tongzhou District , was opened as a separate line on December 27, 2003. Work on these two lines had begun respectively in December 1999 and 2000. Ridership hit 607 million in 2004. Line 5 came into operation on October 7, 2007. It

11500-411: The occasion. The full-length of Line 1 became operational on June 28, 2000. Despite little track expansion in the early 1990s, ridership grew rapidly to reach a record high of 558 million in 1995, but fell to 444 million the next year when fares rose from ¥0.50 to ¥2.00. After fares rose again to ¥3.00 in 2000, annual ridership fell to 434 million from 481 million in 1999. In the summer of 2001,

11625-664: The openings of extensions to Line 11 , Line 16 , and Line 17 . Single-ride fare The Beijing Subway charges single-ride fare according to trip distance for all lines except the two airport express lines. Same-station transfers are free on all subway lines except the two Airport Express lines, the Xijiao Line and the Yizhuang T1 Line , which require the purchase of a new fare when transferring to or from those lines. Fare free riders Children below 1.3 metres (51 in) in height ride for free when accompanied by

11750-436: The past 3,000 years, the city of Beijing has had numerous other names . The name Beijing , which means "Northern Capital" (from the Chinese characters 北 běi for north and 京 jīng for capital ), was applied to the city in 1403 during the Ming dynasty to distinguish the city from Nanjing (the "Southern Capital"). The English spelling Beijing is based on the government's official romanization (adopted in

11875-471: The plains in the south-central of the municipality with elevation of 40 to 60 metres (130–200 feet), occupies a relatively small but expanding portion of the municipality's area. The city spreads out in concentric ring roads . The Second Ring Road traces the old city walls and the Sixth Ring Road connects satellite towns in the surrounding suburbs. Tian'anmen and Tian'anmen Square are at

12000-470: The public. This horseshoe-shaped line was created from the eastern half of the initial line and corresponds to the southern half of the present-day Line 2. It ran 16.1 km (10.0 mi) from Fuxingmen to Jianguomen with 16 stations. Ridership reached 105 million in 1985. On December 28, 1987, the two existing lines were reconfigured into Lines 1, which ran from Pingguoyuan to Fuxingmen and Line 2, in its current loop, tracing

12125-536: The rule of the Qing dynasty over China was restored, albeit much weakened by the defeat it had suffered in the Boxer Rebellion and by the indemnity and stipulations of the peace treaty. The Dowager died in 1908 and the dynasty imploded in 1911. The fomenters of the Xinhai Revolution of 1911 sought to replace Qing rule with a republic and leaders like Sun Yat-sen originally intended to return

12250-520: The subway as an asset for civil defense. They studied the use of the Moscow Metro to protect civilians, move troops and headquarter military command posts during the Battle of Moscow , and planned the Beijing Subway for both civilian and military use. At that time, the Chinese lacked expertise in building subways and drew heavily on Soviet and East German technical assistance. In 1954, a delegation of Soviet engineers, including some who had built

12375-606: The subway remained prone to closures due to fires, flooding, and accidents. Annual ridership grew from 22.2 million in 1976 and 28.4 million in 1977 to 30.9 million in 1978, and 55.2 million in 1980. On April 20, 1981, the Beijing Subway Company , then a subsidiary of the Beijing Public Transportation Company, was organized to take over subway operations. On September 15, 1981, the initial line passed its final inspections, and

12500-521: The subway was shut down for 398 days for political reasons. On December 27, 1972, the riders no longer needed to present credential letters to purchase tickets. In 1972, the subway delivered 15 million rides and averaged 41,000 riders per day. In 1973, the line was extended to Pingguoyuan and reached 23.6 km (14.7 mi) in length with 17 stations and 132 train trips per day. The line delivered 11 million rides in 1973, averaging 54,000 riders per day. Despite its return to civilian control in 1976,

12625-509: The subway's assets. In November 2003, the assets of the Beijing Subway Group Company were transferred to the newly created BIIC. The Beijing Subway has five operators: All subway train sets run on 1,435 millimetres (56.5 in) standard gauge rail, except the maglev trains on Line S1 , which run on a maglev track. Beijing Subway operates Type B trains on most lines. However, due to increasing congestion on

12750-816: The subway. If the four-hour limit is exceeded, a surcharge of ¥3 is imposed. Each Yikatong card is allowed to be overdrawn once. The overdrawn amount is deducted when credits are added to the card. Yikatong card users who spend more than ¥100 on subway fare in a calendar month will receive credits to their card the following month. After reaching ¥100 of spending in one calendar month, 20% of any further spending up to ¥150 will be credited. When spending exceeds ¥150, 50% of any further spending up to ¥250 will be credited. Once expenditures exceed ¥400, further spending won't earn any more credits. The credits are designed to ease commuters' burdens of fare increases. Beginning in June 2017, single-journey tickets could be purchased via

12875-538: The subway. Construction plans for the subway from Fuxingmen to the Beijing Railway Station called for the removal of the wall, as well as the gates and archery towers at Hepingmen, Qianmen, and Chongwenmen. Leading architect Liang Sicheng argued for protecting the wall as a landmark of the ancient capital. Chairman Mao favored demolishing the wall over demolishing homes. In the end, Premier Zhou Enlai managed to preserve several walls and gates, such as

13000-741: The summer and the mountains to the north and northwest. In preparation for the 2008 Summer Olympics and to fulfill promises to clean up the city's air, nearly US$ 17 billion was spent. Beijing implemented a number of air improvement schemes for the duration of the Games, including halting work at all construction sites, closing many factories in Beijing permanently, temporarily shutting industry in neighboring regions, closing some gas stations, and cutting motor traffic by half by limiting drivers to odd or even days (based on their license plate numbers) , reducing bus and subway fares, opening new subway lines, and banning high-emission vehicles. The city further assembled 3,800 natural gas -powered buses, one of

13125-427: The surface were decreased, whereas ground and near-surface air temperatures , vertical air dilution and ozone levels were increased. Because of the combined factors of urbanization and pollution caused by burning of fossil fuel , Beijing is often affected by serious environmental problems, which lead to health issues of many inhabitants. In 2013 heavy smog struck Beijing and most parts of northern China, impacting

13250-508: The surface. The deterioration of relations between China and Soviet Union disrupted subway planning. Soviet experts began to leave in 1960, and were completely withdrawn by 1963. In 1961, the entire project was halted temporarily due to severe hardships caused by the Great Leap Forward . Eventually, planning work resumed. The route of the initial line was shifted westward to create an underground conduit to move personnel from

13375-543: The time in the Kyiv Metro was only 100 m (330 ft) deep. But Beijing's high water table and high pressure head of ground water which complicated construction and posed risk of leakage, and along with the inconvenience of transporting passengers long distances from the surface, led the authorities to abandon the deep tunnel plan in May 1960 in favor of cut-and-cover shallow tunnels some 20 m (66 ft) below

13500-730: The town, placing the prefectural seat in neighboring Zhuozhou . During the Sixteen Kingdoms period when northern China was conquered and divided by the Wu Hu , Jicheng was briefly the capital of the Xianbei Former Yan Kingdom. After China was reunified by the Sui dynasty in 581, Jicheng, also known as Zhuojun , became the northern terminus of the Grand Canal . Under the Tang dynasty , Jicheng as Youzhou , served as

13625-399: The urban area of Beijing is 12.9 °C (55.2 °F) to 13.3 °C (55.9 °F), of which the average daily minimum temperature is 7.7 °C (45.9 °F) to 8.4 °C (47.1 °F), and the average daily maximum temperature is 18.5 °C (65.3 °F) to 18.9 °C (66.0 °F). The monthly daily average temperature in January is −2.7 °C (27.1 °F), while in July it

13750-665: The warlords commanding the regional armies. Following the success of the Kuomintang 's Northern Expedition , the capital was formally moved to Nanjing in 1928. On 28 June the same year, Beijing's name was returned to Beiping (written at the time as "Peiping"). On 7 July 1937, the 29th Army and the Japanese army in China exchanged fire at the Marco Polo Bridge near the Wanping Fortress southwest of

13875-622: The website of the Beijing Environmental Protection Bureau (BJEPB). The American Embassy of Beijing also reports hourly fine particulate (PM2.5) and ozone levels on Twitter. Since the BJEPB and US Embassy measure different pollutants according to different criteria, the pollution levels and the impact to human health reported by the BJEPB are often lower than that reported by the US Embassy. The smog

14000-528: The west section of Line 11 and transforming Line 13 into two lines, 13A and 13B. According to the information released in July 2022, the "Beijing Rail Transit Phase III Construction Plan" includes 11 construction projects: Line 1 Branch, Line 7 Phase 3, Line 11 Phase 2, Line 15 Phase 2, Line 17 Phase 2 (Branch), Line 19 Phase 2, Line 20 Phase 1, Fangshan line (Line 25) Phase 3 (also known as Lijin Line), Line M101 Phase 1, Line S6 (New Town Link Line) Phase 1, and

14125-479: The world after Shanghai . Beijing is home to many national monuments and museums and has eight UNESCO World Heritage Sites —the Forbidden City , Temple of Heaven , Summer Palace , Ming Tombs , Zhoukoudian Peking Man Site , Beijing Central Axis and parts of the Great Wall and the Grand Canal —all of which are popular tourist locations. Siheyuans , the city's traditional housing style, and hutongs ,

14250-413: Was Asia's busiest airport (2009–2019) and the second busiest airport in the world (2010–2019). In 2020, the Beijing subway was the fourth busiest and second longest in the world . The Beijing Daxing International Airport , Beijing's second international airport, is the largest single-structure airport terminal in the world. The city has hosted numerous international and national sporting events,

14375-510: Was built on the rugged topography to defend against nomadic incursions from the steppes. Mount Dongling , in the Western Hills and on the border with Hebei , is the municipality's highest point, with an altitude of 2,303 metres (7,556 ft). Major rivers flowing through the municipality, including the Chaobai , Yongding , Juma , are all tributaries in the Hai River system, and flow in

14500-536: Was discontinued and replaced by electronic tickets that are scanned by automatic fare collection machines upon entry and exit of the subway. Stations are outfitted with touch screen vending machines that sell single-ride tickets and multiple-ride Yikatong fare cards. The subway operated throughout the night from August 8–9, 2008 to accommodate the Opening Ceremonies of the Olympic Games, and

14625-490: Was given to his son Zhu Di , who was created " Prince of Yan ". The early death of Zhu Yuanzhang 's heir led to a succession struggle upon his death, one that ended with the victory of Zhu Di and the declaration of the new Yongle era . Since his harsh treatment of the Ming capital Yingtian (modern Nanjing ) alienated many there, he established his fief as a new co-capital. The city of Beiping became Beijing ("Northern Capital") or Shuntian in 1403. The construction of

14750-547: Was handed over to the Beijing Subway Company, ending a decade of trial operations. It had 19 stations and ran 27.6 kilometres (17.1 miles) from Fushouling in the Western Hills to the Beijing railway station. Investment in the project totaled ¥706 million. Annual ridership rose from 64.7 million in 1981 and 72.5 million in 1982 to 82 million in 1983. On September 20, 1984, a second line was opened to

14875-611: Was issued. According to Beijing's environmental protection bureau's announcement in November 2016, starting from 2017 highly polluting old cars will be banned from being driven whenever Smog "red alerts" are issued in the city or neighboring regions. In recent years, there has been measurable reductions in pollutants after the "war on pollution" was declared in 2014, with Beijing seeing a 35% reduction in fine particulates in 2017 and further reduction by 2020. The primary factors behind this reduction were replacing coal power with natural gas and cleaning up polluting industrial facilities in

15000-624: Was located around the present Guang'anmen area in the south of Xicheng District . This settlement was later conquered by the state of Yan and made its capital. After the First Emperor unified China in 221 BC, Jicheng became a prefectural capital and during the Three Kingdoms period , it was held by Gongsun Zan and Yuan Shao before falling to the Wei Kingdom of Cao Cao . The AD third-century Western Jin demoted

15125-684: Was originally developed and controlled by the Central Government . The subway's construction and planning was headed by a special committee of the State Council . In February 1970, Premier Zhou Enlai handed management of the subway to the People's Liberation Army , which formed the PLA Rail Engineering Corp Beijing Subway Management Bureau. In November 1975, by order of the State Council and Central Military Commission

15250-440: Was pulled down and the 2nd Ring Road was built in its place. It is generally believed that Beijing was the largest city in the world for most of the 15th, 16th, 17th, and 18th centuries. The first known church was constructed by Catholics in 1652 at the former site of Matteo Ricci 's chapel; the modern Nantang Cathedral was later built upon the same site. The capture of Beijing by Li Zicheng 's peasant army in 1644 ended

15375-478: Was set on 15 June 1942). See or edit raw graph data . Three styles of architecture are predominant in urban Beijing. First, there is the traditional architecture of imperial China, perhaps best exemplified by the massive Tian'anmen (Gate of Heavenly Peace), which remains the People's Republic of China's trademark edifice, the Forbidden City , the Imperial Ancestral Temple and

15500-577: Was the city's first north–south line, extending from Songjiazhuang in the south to Tiantongyuan in the north. On the same day, subway fares were reduced from between ¥3 and ¥7 per trip, depending on the line and number of transfers, to a single flat fare of ¥2 with unlimited transfers. The lower fare policy caused the Beijing Subway to run a deficit of ¥600 million in 2007, which was expected to widen to ¥1 billion in 2008. The Beijing municipal government covered these deficits to encourage mass transit use, and reduce traffic congestion and air pollution. On

15625-414: Was the first subway to be built in China, and predates the metros of Hong Kong , Seoul , Singapore , San Francisco , and Washington, D.C. , but technical problems would plague the project for the next decade. Initially, the subway hosted guest visits. On November 11, 1969, an electrical fire killed three people, injured over 100 and destroyed two cars. Premier Zhou Enlai placed the subway under

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