Government News
Alo set to debut on Tmall as activewear rivals race for market share - August 11, 2026
United States activewear brand Alo Yoga is set to enter China's e-commerce market this week through Alibaba Group Holding Ltd's Tmall platform, intensifying competition among premium international athleisure brands seeking growth in the Chinese market.
BeOne allies with US' Revolution Medicines to assess novel RAS-targeted cancer drugs - August 11, 2026
Biopharmaceutical giant BeOne Medicines has joined hands with Revolution Medicines to evaluate novel combination therapies targeting RAS-addicted cancers, securing the exclusive rights to four of the US company's innovative RAS(ON) inhibitors in clinical trials across multiple Asian countries.
China’s Aureka raises USD100 million to develop large biological foundation models - August 11, 2026
Aureka Biotechnologies, a Chinese artificial intelligence-native biotechnology company, has secured USD100 million in its latest fundraiser to build next-generation biological foundation models.
Shanghai aims services trade to top USD300 billion by 2030 - August 11, 2026
Shanghai has set a goal for the city's service trade to exceed USD300 billion over the next five years, establishing itself as a relevant globally influential hub in the period.
WuXi AppTec rises after judge blocks US from labeling biotech firm a 'Chinese military company’ - August 10, 2026
WuXi AppTec’s shares climbed after a US judge granted a preliminary injunction stopping the Department of Defense from imposing restrictions on the Chinese biotechnology giant after it classified the firm as a "Chinese military company.”
Housing rents in China’s first-tier cities rise for fifth straight month in July - August 10, 2026
Housing rents in China’s first-tier cities rose for the fifth consecutive month in July, supported by a broader property market recovery and a seasonal wave of demand from university graduates entering the workforce.
Embodied intelligence robots trained in real-world scenarios in Shanghai - August 10, 2026
Staff members train a robot to work in a retail scenario at Maniformer, a physical AI data service platform, in Shanghai, east China, Aug. 5, 2026. In Shanghai's tech companies like AGIBOT and Manifor
China's robot maker Unitree opens IPO subscription after strong preliminary demand - August 10, 2026
Chinese robot maker Unitree Robotics on Monday opened subscriptions for its initial public offering (IPO) on the Shanghai Stock Exchange's sci-tech innovation board, or STAR Market, following a preliminary offline price inquiry that indicated strong investor demand.
HSR bolstered to aid socioeconomic progress - August 10, 2026
Amid the country's push to expand the operating mileage of railways, Chinese railway operator China Railway promised to optimize the supply of passenger and freight services, strengthening the backbone role of railways in the comprehensive transport system.
Plan to boost nation's cargo, global air links - August 10, 2026
China's civil aviation sector will place greater emphasis on quality, efficiency and international competitiveness over the next five years, as a new national blueprint seeks to strengthen global connectivity and air cargo links while accelerating digital and green transformation, officials and experts said.
