[Overview] New York City (NYC) is the largest American city and also the largest financial, commercial, trade, cultural, and media center in the United States. It is located at the mouth of the Hudson River in northeastern US, southeastern New York State,, bordering the Atlantic Ocean. NYC has the highest population density of any American city, with about 8.398 million people living in an area of 1,214 square kilometers.
[Politics] NYC is governed by the city council and the city government. The city council is composed of 51 members from each of the city's 51 council districts, and the term of office of council members is four years. The speaker of the New York City Council is elected by council members for a term of four years. The elected officials at the city government include one mayor, one comptroller, and one public advocate. They are elected by citizens for a term of four years. The Comptroller is the City's Chief Financial Officer. The Public Advocate has the power to introduce legislation, supervise government agencies, act as citizens' connection to city government, and serve as acting mayor when the position of mayor becomes vacant. The current mayor, Bill de Blasio, was first elected in January 2014 and re-elected in November 2017.
[Economy] NYC is the economic, financial and commercial center of the US, and one of the three major financial centers in the world. The city's pillar industries are finance, high technology, real estate, insurance, and health care. The tertiary sector accounts for 89.9 percent of the city's economy, and the main service industries are legal services, accounting, finance, and management consulting. Silicon Alley refers to the growing group of high-tech firms located in New York City, especially in Manhattan.
[Culture and Education] NYC has rich educational and cultural resources. It has more than 120 institutions of higher learning, including Columbia University, Cooper Union, Fordham University, New York University, and New York Institute of Technology, more than 2,000 arts and cultural institutions, and more than 500 galleries. New York City is the world's center for television, advertising, music, newspapers, and book publishing, and North America's largest media market.
[Transportation] New York City's public transportation system is composed of subways, intercity railways, buses and ferries, and about 46 percent of the population of NYC uses the public transportation system. The city's bus network covers all its administrative districts and is connected with the subway to form a convenient transportation network. There are three major airports in NYC. They are JFK International Airport, LaGuardia Airport and Newark Liberty International Airport. New York Harbor, a natural deep water harbor, is the busiest port in North America.
[Relations with Beijing] On February 25, 1980, Beijing and New York City established a sister city relationship. In 2007, New York Mayor Michael Bloomberg visited Beijing and signed the memorandum on strengthening global partnership with the then Mayor of Beijing Guo Jinlong.
Investment and Trade: Work at Universal Beijing Resort, an important project in Beijing, is proceeding full steam ahead. The New York-based NBC Universal Group is the main licensor of intellectual property rights related to the project. In 2015, the signing ceremony of the joint venture agreement for the project was held at the New York headquarters of NBC Universal Group. With work progressing smoothly, the park is expected to open in 2021.
City Management: In 2017, the NYC delegation attended the Beijing International Forum for Metropolitan Clean Air Actions. In 2018, the New York Department of Transportation sent a delegation to attend the World Metropolitan Transport Development Forum held in Beijing.
Culture: In 2016 and 2017, Beijing successfully held a series of events to celebrate the Chinese New Year in New York City. In 2018, Beijing held the Mid-Autumn Festival tourism promotion event in the New York City Hall. In 2019, representatives of art institutions in New York, including Metropolitan Opera, the Chamber Music Society of Lincoln Center, Carnegie Hall, and Julia Conservatory, attended the Beijing Forum for Performing Arts.