If you are living permanently in Beijing, we would normally say, “I live in Beijing.”  The Simple Present is used to express the idea that an action is repeated or usual, a habit, a hobby, a daily event, a scheduled event or something that often happens.

If you are staying in Beijing only for a short time or had just moved there, you would say something like, “I’m living in Beijing now.”

Although your sentence is “correct,” that is, grammatically proper, there is often a difference between what is “correct” and what is “common,” what is commonly used in everyday speech.

First notebook entry: Introducing myself

As they said, excellent. One extra "ly" removed to make the adverb into an adjective.

If you want to be be word perfect, watch for those spaces after commas & full stops (periods).
Chinese seems to put several concepts into one sentence. Not so for English, so easily. A good rule is to keep it simple, by making each a separate sentence.
Many native English speakers will also use extra commas where they don't need them.

Excellent, hope the last touches help.