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Letter from the Editor - November 2004 (100th Issue)

We are living in an era when economic development is a key concern of leaders everywhere, and not the least leaders in China and Beijing.

Writing in the 1920s and 30s, the late historian Oswald Spengler advised young people looking to the future to get involved in business life. Now, the wisdom of Spengler's suggestion is apparent, especially in China under its reform and opening policies. To be involved in today's world is to be involved in business and economic development.

With its origins in simple mercantile and corporate organization, the motive to economic development and holistic thinking about economies has become the dominant cultural phenomenon of our time. We need only coolly appraise the performance of countries and leaders in the world to see that where economic development is highly valued, the people are clothed, housed, fed and secure. Otherwise, people suffer.

Business Beijing magazine was born of China and Beijing's reform and opening. For ten years and in 100 issues, we have tried to inform the world about China's view of economic development and about the investment possibilities and responsibilities stemming from it.

With the help of our sponsors, the Information office of Beijing Municipality, the Beijing Bureau of Commerce, the Development and Reform Commission of Beijing Municipality, the China Council for the Promotion of International Trade Beijing Sub-Council, and our advertisers, staff and contributors, we will continue to explore the increasingly complex world of business in China's magnificent capital city and to serve the business community's needs.

Editor-in-chief