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World’s first CDK2/4/6 inhibitor approved in China

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The world’s first CDK2/4/6 inhibitor, developed by Chia Tai Tianqing Pharmaceutical Group, a subsidiary of Sino Biopharmaceutical, was officially approved for market launch on Thursday. CDK2/4/6 inhibitors are targeted cancer drugs that stop certain proteins (CDK2, CDK4, and CDK6) that cancer cells need to grow and divide. Breast cancer has become the most common cancer…

Forum on global energy ecosystem held in Beijing

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An aerial view of a molten salt tower-type solar thermal power plant in Jiuquan, Gansu province, on Dec 3, 2025. [Photo/Xinhua] Themed “Join Forces to Shape a Fair, Secure, and Intelligent New Global Energy Ecosystem”, the 2025 International Energy Executive Forum (IEEF) was held at the China National Convention Center in Beijing, from Thursday to…

IKEA franchisee announces deal with Beijing investment firm

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Ingka Centres, a branch of the IKEA franchisee Ingka Group, has announced a new partnership with investment firm GoHigh Capital to establish a real estate fund for China, which will co-own three of Ingka’s Livat shopping centers. Subject to approval by regulatory authorities, the agreement would entail Ingka continuing to manage and operate the centers…

AVATR 12 arrives in Antarctica for polar testing mission

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At 6 am (Beijing time) on Dec 7, an AVATR 12 luxury sedan, manufactured in Chongqing, was gently lowered onto the Antarctic ice sheet from the polar research vessel  Xuelong, marking the beginning of its polar testing mission at the Antarctic Central Station. It is the world’s first NEV to set foot on the frozen…

Travel demand to Hainan spikes ahead of special Customs operation

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An aerial drone photo taken on Nov 28, 2025 shows a view of the Yangpu Port in the Yangpu Economic Development Zone in Danzhou, South China’s Hainan province. [Photo/Xinhua] Hainan Free Trade Port is seeing a surge in travel demand ahead of the port’s island-wide special Customs operations on Dec 18. Data from Tongcheng Travel…

Chinese, UAE partners work to tap Middle East market

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Dr Adrian Cheng (right), founder and executive chairman of K11 by AC of Almad Group, and Sheikh Mana, founder and chairman of Wafi Group, sign a joint venture agreement to launch multi-faceted partnerships on Dec 11 to expand their cultural and commercial footprints in the Middle East market. [Photo provided to chinadaily.com.cn] A Hong Kong-based…

Google and Xreal reveal details of joint AI eyewear project

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A humanoid robot at XREAL’s booth at the 2025 World AI Conference in Shanghai on July 27, 2025. [Photo/VCG] Key details of Project Aura, a new pair of smart glasses, were jointly unveiled by Google and Xreal, an AR startup based in Shanghai’s Pudong New Area, at the Android Show in California on December 8,…

Shanghai Port on track for record year

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Containerships dock at a port in Shanghai on Dec 8. XINHUA With continued technology upgrading and industrial transformation, Shanghai Port is expected to beat its annual throughput record this year, reflecting China’s strong economic resilience and potential amid multiple market complexities and uncertainties, said experts and industry mavens. Their comments follow the release of Shanghai…

Hisense Europe sees 2025 sales up by 6%

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VELENJE, Slovenia – Hisense Europe, a Chinese-owned consumer electronics and home appliances group based in Slovenia, expects to close 2025 with about 4.8 billion euros ($5.2 billion) in revenue, up 6 percent from 2024, Executive Vice-President Bostjan Pecnik said Thursday. Speaking at a press briefing in Velenje, Pecnik said the group’s profit will also exceed…

China’s vehicle exports hit monthly high

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Visitors view an exhibit car of M-HERO under Chinese automaker Dongfeng during the 2025 Turin Auto Show in Turin, Italy, Sept 26, 2025. [Photo/Xinhua] China’s auto exports hit a record in November, topping 700,000 units in a single month for the first time, according to data released on Thursday by the China Association of Automobile…