Skip to content

China

Innovent-Pfizer deal makes joint development, commercialization pillar in biotech global push

A researcher seen at an Innovent Biologics lab in Suzhou, Jiangsu province. YANG HAISHI/FOR CHINA DAILY The $10.5 billion partnership announced by Chinese innovative biotech Innovent Biologics and US pharmaceutical giant Pfizer in late May highlights an emerging shift in cross-border biotech dealmaking, with some Chinese drug developers moving beyond traditional out-licensing arrangements toward partnerships…

Chinese motorcycles head for Europe

ZXMOTO motorcycles were showcased at the 8th Western China International Fair for Investment and Trade in May in Chongqing. [Photo by Wang Jiaxi/For chinadaily.com.cn] Chongqing-based motorcycle manufacturer ZXMOTO has dispatched its first large-scale shipment of bikes to the European market. The shipment set sail from Shanghai on Wednesday, Chongqing Customs said. Earlier this year, ZXMOTO…

First China-built radiosurgery robot shipped overseas

Baheal Pharma Group said on Thursday it had shipped the first China-manufactured ZAP-X radiosurgery robot, marking the first global deliveries of the brain tumor treatment system from a production base in northern China. The shipment from a manufacturing facility in the Beijing Daxing International Airport Economic Zone marks a milestone in the company’s efforts to…

Power services support night market economy in Gansu county

State Grid Longxi County Power Supply Company has strengthened electrical safety inspections at local night markets in Longxi county, Gansu province, to ensure reliable power supply during the summer peak season and support the orderly development of the nighttime economy, the company said. Recently, workers from the company inspected stalls at the night market at…

China Unicom targets global growth

Miao Shouye, deputy general manager of China Unicom. [Photo provided to chinadaily.com.cn] China Unicom announced on Wednesday that it has identified international expansion as a new growth engine and is working with global partners to enhance submarine cable systems, cross-border terrestrial fiber routes, and accelerate the buildout of a global data-intelligent network and satellite-based internet…

BGI plans foray into consumer products

BGI Group, one of the country’s leading gene sequencing firms, is stepping up efforts to turn its life-science research and industrial capabilities into consumer products, signaling a strategic push to capitalize on everyday health, nutrition, skincare, and pet care markets. Yang Shuang, senior vice-president at the company, said BGI’s long-term goal is to extend life-science…

Envision ramps up AI-energy integration to further tap global market

Envision Group’s booth is seen during an energy expo in Shanghai on June 4. CHINA DAILY Believing that the new energy system is the ultimate solution to the expansion of artificial intelligence, green technology company Envision Group plans to step up investments in integrating AI into its energy sector to ensure the technology’s evolution ultimately…

Home brands sharpen sport sponsorship

The billboard of Hisense catches the eye during the group A match between Mexico and South Africa during the 2026 FIFA World Cup at Mexico City Stadium in Mexico on June 12. YIN GANG/FOR CHINA DAILY When the 2026 FIFA World Cup officially kicked off across the United States, Canada and Mexico this month, Chinese…

Economy of sports more than merely on-field action

I am not what you would call an avid soccer fan. I rarely follow league standings, transfer rumors or match schedules. Yet as the 2026 FIFA World Cup kicked off, I found myself paying attention anyway. Not because of the soccer. But because of Labubu. Pop Mart’s designer toy with its toothy grin made a…

Decathlon deepens ties with China suppliers through 2030

China will remain a pivotal market for Decathlon through 2030 and beyond, with the French multi-sports brand set to deepen collaboration with more than 300 suppliers across the country, said an executive. Speaking ahead of the fourth China International Supply Chain Expo, which will be held in Beijing next week, Elodie Latour, Decathlon’s vice-president for…