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Eli Lilly sanguine about China market

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Eli Lilly logo is shown on one of the company’s offices in San Diego, California, US, Sept 17, 2020. [Photo/Agencies] US pharmaceutical company Eli Lilly and Co said the China market has enormous growth potential for its therapeutic products, as the country has a significant population of overweight people who have yet to address the…

COMAC’s C919 aircraft set to enter period of rapid growth

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A view of the delivery ceremony for the C919 at the manufacturing center of Commercial Aircraft Corp of China Ltd in Shanghai on Wednesday. TAO RAN/FOR CHINA DAILY China’s first domestically developed single-aisle aircraft, the C919, has achieved a new operating milestone after it was delivered to Air China and China Southern Airlines on Wednesday.…

Lego to invest more in China

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Toy giant Lego Group, which operates over 480 stores across more than 120 cities in China, has reaffirmed it will continue to invest in the Chinese market for long-term growth. Lego announced its decision after posting robust first-half results, marked by 13 percent year-on-year growth in overall revenue to 31 billion Danish krone ($4.62 billion)…

Pharmaceutical giant GSK vows more cutting-edge HIV treatment

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The booth of GSK. [Photo/IC] People living with HIV and people with potential exposure to HIV in China are expected to leverage more of GlaxoSmithKline’s innovative research results for the prevention and treatment of the disease as the global pharmaceutical company aims to further expand its relevant presence in the market. “There will be more…

State-owned oil firms’ profits up in H1

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An oil drilling platform seen on the South China Sea. XINHUA China’s big three State-owned oil companies reported significant increases in their net profits during the first half of the year, with analysts saying that the uptick was supported by stronger international crude prices and rising output. China National Petroleum Corp, China Petroleum and Chemical Corp…

Alibaba completes antitrust compliance overhaul

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A pedestrian walks past the headquarters of Alibaba in Beijing. KUANG DA/FOR CHINA DAILY China’s top market regulator said on Friday that it has successfully guided technology giant Alibaba Group through a three-year antitrust compliance overhaul, ending the company’s monopolistic practices and boosting fair market competition in the country’s online retailing sector. The State Administration…