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July 6, 2025
  • BRICS 2025: Why Xi Jinping is missing the China-backed summit for the first time
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China’s new drug approvals take market scale beyond US$13 billion as innovation picks up
  • China News

China’s new drug approvals take market scale beyond US$13 billion as innovation picks up

Cs news8 months ago02 mins

China has approved 113 innovative drugs since its 14th five-year plan began in 2021, according to data shared at a forum in Shanghai on the development of the domestic medicine industry. The number of approvals already marked an increase of nearly three times over the previous five-year plan, and had reached a market scale of…

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Tesla, HSBC among first foreign firms in China to apply for telecoms service trials
  • China News

Tesla, HSBC among first foreign firms in China to apply for telecoms service trials

Cs news9 months ago02 mins

China is set to allow foreign companies to independently run data centres and offer various telecommunications services in the country, with US electric car maker Tesla and British bank HSBC among the first set of applicants. The Ministry of Industry and Information Technology (MIIT) initiated a pilot programme in Beijing, Shanghai, Hainan and Shenzhen on…

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  • BRICS 2025: Why Xi Jinping is missing the China-backed summit for the first time July 6, 2025
  • College grad unemployment surges as employers replace new hires with AI July 6, 2025
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