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Drive to spur SMEs gains momentum

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Employees work on the production line of accessories for NEV batteries at a high-tech company in Huaibei, Anhui province. LI XIN/FOR CHINA DAILY Amid robust policy support and relentless innovation, China’s drive to cultivate unique small and medium-sized enterprises, or SMEs, is gaining significant momentum, officials and experts said. A key catalyst has been the…

Shanghai launches reforms to accelerate biomedical industry’s growth

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Shanghai has recently announced reforms to streamline drug and medical device regulations, aiming to accelerate the high-quality development of its biomedical industry, local officials said on Wednesday. The reforms, aligned with the State Council directives on pharmaceutical industry development, target faster approval processes, innovation promotion, and enhanced regulatory compliance, according to Guo Shuting, deputy director…

Chinese autonomous driving company launches robotaxi service in Abu Dhabi

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A fleet of WeRide’s van-type Robotaxi GXR in Abu Dhabi. [Photo provided to chinadaily.com.cn] Chinese autonomous driving company WeRide launched its fully driverless commercial robotaxi service in Abu Dhabi, the United Arab Emirates, on Wednesday. The emirate has become the first city in the Middle East to roll out such a futuristic transport option. Without…

Strategic emerging industries powering development of Shanghai’s Qingpu district

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[Photo provided to chinadaily.com.cn] The accelerated development of strategic emerging industries, boosted by a clearer industrial mapping, has helped Qingpu district in southwestern Shanghai see its GDP grow by 1.5 times during the 14th Five-Year Plan (2021-25) from the previous monitored period, local officials said during a press conference on Wednesday. Wang Ping, Qingpu’s Party…

Arcfox unveils luxury MPV prototype amid upmarket push

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Arcfox’s first MPV prototype is on display at Auto Guangzhou that runs from Nov 21 to 30, 2025. [Photo provided to chinadaily.com.cn] Arcfox has unveiled its first mid-to-large luxury MPV prototype at Auto Guangzhou, as the premium EV brand under BAIC Group advances in China’s high-end vehicle market. With the addition of the model, Arcfox…

China to pilot commercial satellite IoT services: ministry

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BEIJING – China will conduct commercial trials for satellite Internet of Things (IoT) services to support the safe and healthy development of emerging industries such as commercial aerospace and low-altitude economy, according to the Ministry of Industry and Information Technology. Satellite IoT services refer to a type of low-speed data service that provides wide-area IoT…

Chinese vaccine manufacturer agrees decade of partnership with Brazil

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Chinese vaccine company Sinovac Biotech has signed two product development partnership (PDP) agreements with Brazil’s health ministry, launching a 10-year collaboration worth more than $700 million.  As the first Chinese vaccine manufacturer to win a PDP project in Brazil, the company will work with local partners Tecpar Institute and Eurofarma to build a vaccine industry…

China-Russia SME forum convenes in Xi’an to boost cooperation

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The sixth China-Russia Small and Medium-sized Enterprises Forum convened on Monday in Xi’an, Shaanxi province. [Photo provided to chinadaily.com.cn] The sixth China-Russia Small and Medium-sized Enterprises Forum convened on Monday in Xi’an, Shaanxi province, bringing together officials and business representatives to explore new areas of cooperation. A related conference examined opportunities in cultural tourism, film…

Yunnan conference highlights coffee as bridge for cooperation

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The 3rd International Conference on the Development of Specialty Coffee Industry is held in Baoshan, Yunnan province, on Nov 25. [Photo provided to chinadaily.com.cn] Officials, diplomats, and businesses convened on Tuesday for a conference in Baoshan, Yunnan province, to discuss the state of China’s coffee industry and highlight the popular drink’s status as a bridge…