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EU livestock numbers continued to shrink in 2025

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Metis TechBio seals $1.62b global licensing deal with Boulevard Bio

Hong Kong-listed AI-driven drug delivery innovation company Metis TechBio Co Ltd said on Tuesday it had granted Boulevard Bio, an immunotherapy company backed by healthcare investment firm Deerfield Management, exclusive worldwide rights to develop, manufacture and commercialize its experimental cancer immunotherapy candidate MTS-128 in a deal worth up to $1.62 billion. Under the agreement, Metis…

China to impose anti-dumping duties on Canadian pea starch following investigation

China will impose provisional anti-dumping duties on pea starch imports from Canada after an investigation found that the product was being dumped on the Chinese market and caused material injury to the domestic industry, the Ministry of Commerce said on Monday. Effective Wednesday, all importers of Canadian pea starch will be required to submit security…

Returns to third countries up by 8% in Q1 2026

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Beijing’s first token factory hits 1.4 trillion daily output

Beijing’s first factory for producing units of text for large language models (LLMs) has reached a daily production capacity of more than 1.4 trillion tokens, according to the Administrative Committee of the Beijing Economic-Technological Development Area, also known as Beijing E-Town. The factory produces tokens, which are the smallest unit of text processed by LLMs…

Book-type foldables fast turning into hot AI interface

Visitors try out foldable smartphones at an exhibition in Shanghai on June 25. CHINA DAILY The book-type foldable smartphone is undergoing a profound transformation from a hardware novelty into a genuine AI-powered productivity tool, experts and corporate executives said. A new report from market research company Counterpoint Research said that as smartphone AI evolves from…

MWC26 sets direction for future mobile

Visitors observe a China Unicom network-enabled humanoid robot at the 2026 Mobile World Congress Shanghai on June 24. CHINA DAILY As the world’s gaze focused on the FIFA World Cup 2026, an electrifying spectacle of skill unfolded at an exhibition hall in Shanghai: humanoid robots stepping up to the penalty spot, striking balls with precision…

China’s manufacturing PMI rebounds to 50.3 in June

China’s factory activity returned to expansion territory in June, moving back above the 50-point mark after standing at the boom-bust threshold a month earlier, official data showed on Tuesday. Data from the National Bureau of Statistics showed that China’s official purchasing managers’ index for the manufacturing sector came in at 50.3 in June, up 0.3…