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Gut microbiota research fuels drug innovation

Gut microbiota research is opening up fresh opportunities for innovative drug discovery and health product innovation, experts said recently in Beijing, as China steps up efforts to foster biopharmaceutical innovation. Growing evidence shows that gut microbes are closely linked to a broad range of diseases, creating new room for pharmaceutical innovation and industrial upgrading, said…

PepsiCo executive highlights China’s dynamic consumer market

PepsiCo’s potato farm in Zhanjiang, Guangdong province. [Photo by Qiu Quanlin/chinadaily.com.cn] A senior executive with PepsiCo Foods China said the country’s consumer landscape, combined with its large population and market scale, presents distinctive opportunities for international brands. Evrim Sen, senior vice-president and general manager of PepsiCo Foods China, made the comments during a Lay’s farm…

China’s commerce ministry comments on Meta’s acquisition of Manus

BEIJING — The Chinese government supports enterprises in carrying out cross-border operations and technological cooperation based on their needs, provided that such activities comply with Chinese laws and regulations and follow due procedures, the Ministry of Commerce said on Thursday. The remarks were made by ministry spokesperson He Yadong at a press briefing in response…

Chinese smartphone brands step up game despite slump in shipments

Vivo unveiled its latest smartphone, in Lijiang, Yunnan province. [Photo provided to chinadaily.com.cn] Smartphone shipments in the Chinese market fell 14.6 percent year-on-year to 16.79 million units in February 2026, according to the latest report released by the China Academy of Information and Communications Technology. The decline comes amid sustained price surges in memory components…

Price war looms in China’s booming weight-loss drug market

China’s fast-growing market for GLP-1 weight-loss drugs is bracing for a major shake-up as the core compound patent for semaglutide was expiring in March, opening the door for multiple domestic pharmaceutical companies to launch generic versions and compete for a market worth tens of billions of yuan. Prices for several leading obesity drugs have already…

Lenovo sets sights on $100b revenue with all-in hybrid AI push

Yang Yuanqing, chairman and CEO of Lenovo speaks at company’s 2026 to 2027 fiscal year kickoff event. [Photo provided to chinadaily.com.cn] Lenovo said it will fully advance the implementation of its hybrid artificial intelligence strategy and march toward $100 billion in annual revenue in the next two years, as the global technology giant embarks on…

China’s commerce ministry calls for further leveraging China-US economic, trade consultation mechanism

BEIJING — China’s Ministry of Commerce on Thursday called for further leveraging the China-US economic and trade consultation mechanism and strengthening dialogue and communication so as to promote the healthy, stable and sustainable development of bilateral economic and trade relations. The two sides should implement the important consensus reached by the two heads of state…

Design issues dominate as China NEV quality growth slows, J.D. Power finds

The rise in quality problems among China’s new energy vehicles is moderating, but issues tied to design and user experience now account for nearly 70 percent of all complaints, according to a J.D. Power study released on Thursday. The 2026 China New Energy Vehicle Initial Quality Study shows that the industry average reached 231 problems…

Biopharma sector surges on innovation

Researchers work at a lab of a biopharmaceutical company in Wuxi, Jiangsu province. QI LIGUANG/FOR CHINA DAILY China’s biopharmaceutical sector is off to a strong start in 2026, with record cross-border out-licensing activity and a growing pipeline of homegrown innovative drugs signaling the country’s rising role in the global biotech landscape. Data from the National…

Star AI unveils Starfilm global version, eyes business expansion

Artificial intelligence is creating new momentum for industrial upgrading and digital content production, a business executive said. Speaking recently at the 2026 ASEAN Innovation Cooperation and Development Forum in Beijing, Zhang Wei, CEO of Star AI, said fast-evolving AIGC technologies are reshaping the global content industry and opening up new opportunities for scaled, industrialized and…