Government News
China's Henlius licenses up to 10 biosimilars, drug substances to Sandoz - August 17, 2026
Henlius Biotech said it has penned a deal with Switzerland's Sandoz for up to 10 of the Chinese drugmaker's biosimilars or drug substances.
Shanghai Port completes first dual-vessel dual-fuel bunkering at offshore anchorage - August 17, 2026
Shanghai Port has simultaneously supplied two types of green fuel to two international ocean-going vessels at its offshore anchorage for the first time ever, demonstrating the formation of diversified and large-scale offshore green energy bunkering capacity.
Shanghai Electric issues world’s first corporate FTZ offshore bond - August 17, 2026
The offshore financing arm of Chinese power generation and electrical equipment manufacturer Shanghai Electric Group has successfully issued the world’s first non-financial corporate free trade zone offshore bond in Hong Kong.
China Eastern partners with Kayak to expand AI travel services abroad - August 17, 2026
China Eastern Air Holding Co Ltd announced on Monday that its AI air traveling service is now available to international travelers through a collaboration with US-based online travel search platform Kayak, marking a major breakthrough in the Shanghai-based carrier's overseas digital marketing.
Auto exports surge; BRI mkts hottest - August 16, 2026
China's automobile exports experienced robust growth in the first half, with new energy vehicles emerging as a major driving force, particularly in markets involved in the Belt and Road Initiative, industry data showed.
Players prepare for WorldSkills Competition at SCST training bases in Shanghai - August 16, 2026
Contestants in the 48th WorldSkills Competition have already started preparing at the official training bases of Shanghai College of Science and Technology.
Innovative drugs make splash abroad - August 16, 2026
Chinese drugmakers are seeing a deeper and wider presence overseas, with homegrown innovative pharmaceuticals underpinned by a maturing innovation ecosystem and a favorable policy environment, industry executives and experts said.
China grants first global approval for felzartamab - August 16, 2026
Chinese biotechnology company TJ Biopharma and US-based Biogen Inc announced last Thursday that felzartamab for injection had received marketing approval from China's National Medical Products Administration.
China’s SMIC, Hua Hong post triple-digit profit gains for second quarter as AI chip demand surges - August 16, 2026
China’s Semiconductor Manufacturing International Corporation and Hua Hong Grace Semiconductor reported triple-digit profit increases for the second quarter, as the two Chinese foundry giants benefited from soaring demand for artificial intelligence chips and tight supply of older process nodes.
Shanghai unveils 2030 AI roadmap with 100,000 GPU clusters, private sector subsidies - August 13, 2026
Shanghai plans to build 100,000 AI GPU computing clusters by 2030 and offer subsidies to private firms developing and training AI models.
