Biopharmaceutical company Zonsen PepLib Biotech said in a company statement on Monday that it has struck a global licensing deal with Swiss multinational pharmaceutical company Novartis to develop a new peptide-based treatment, netting an upfront payment of $50 million. The agreement focuses on an undisclosed asset used in radioligand therapy, a precision cancer treatment that delivers…
China’s industrial growth will increasingly rely on “value creation” and “winning through quality”, with key sectors — including integrated circuits, new materials, aerospace, and artificial intelligence — set to be the focus of policy support this year, the nation’s top industry regulator said. “This year, policy efforts will concentrate on areas such as integrated circuits,…
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China has filed plans for more than 200,000 satellites with the International Telecommunication Union, signaling a decisive push to secure orbital slots and radio spectrum as competition intensifies among major powers for access to low-Earth orbit.According to filings published on the ITU’s website, China has submitted applications covering more than a dozen satellite constellations, with…
China and the European Union have agreed to provide general guidance on price undertakings — commitments to maintain minimum prices — for Chinese exporters of battery electric vehicles to the bloc, the Ministry of Commerce said on Monday. This move will enable Chinese exporters to address the EU’s anti-subsidy case concerning Chinese EVs in a…
In 2024, renewable energy sources accounted for 47.5% of gross electricity consumption in the EU, indicating a 2.1 percentage points (pp) increase from 2023. It has almost tripled (+30 pp) since the time series began in 2004. The share stood at 15.9% in 2004, increased to 28.6% in 2014 and jumped to 47.5% in 2024.…
Geely’s Zeekr brand showcases the 009 Glory MPV at Consumer Electronics Show 2026 in Las Vegas on Jan 6. TAYFUN COSKUN/GETTY IMAGES Autonomous driving technology and artificial intelligence were the focus of automotive displays at this year’s Consumer Electronics Show, held in Las Vegas from Tuesday to Friday, where industry players launched cutting-edge technologies to…
CAI MENG/CHINA DAILY As 2025 enters the annals of history, some major international institutions — including the World Bank, the International Monetary Fund, the Asian Development Bank and the Organization for Economic Co-operation and Development — raised their growth forecasts for China. Moreover, the annual Central Economic Work Conference in December set out a clear…
Farizon New Energy Commercial Vehicle Group showcases models in Wenzhou, Zhejiang province, on Jan 7. LI FUSHENG/CHINA DAILY Methanol is emerging as a potential complement to battery electric and hydrogen technologies in China’s push to decarbonize transport, particularly in regions and segments where infrastructure and cost constraints limit electrification. Fan Xianjun, CEO of Farizon New…
China has prioritized safeguarding the safety and well-being of its citizenry in recent years. The State Council Information Office said the 60-and-above population exceeded 310 million by end-2024, accounting for 22 percent of its citizenry. To address the expansion of the senior demographic, the recommendations for formulating the 15th Five-Year Plan (2026-30) — adopted at…