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Pricing deal to avoid EU tariffs on Chinese EVs

Visitors explore the XPeng booth on Saturday at the Brussels Motor Show in Belgium. Chinese electric vehicle brands are among the highlights of the show, which runs from Jan 9 to 18. PENG ZIYANG / XINHUA China and the European Union, after more than a year of talks, have agreed to set minimum prices for…

Zhuzhou pharm company signs huge licensing deal

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…

Zhuzhou pharm company signs huge licensing deal

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…

Quality and value creation key to China’s industrial growth, industry regulator says

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,…

China files plans for 200,000-plus satellites with global body

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, EU agree on guidance for price undertakings on Chinese EV exports

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…