Articles
China’s NewCo Licensing Model Accelerates Global Biotech Collaboration
China’s biotech sector is making global headlines as a new wave of licensing deals reshapes how innovative drug candidates reach international markets. At the center of this trend is the NewCo licensing model, which has rapidly gained traction and positioned Chinese biotechs as key beneficiaries of cross-border pharmaceutical collaboration. Unlike traditional licensing agreements, where rights are transferred directly to a major pharmaceutical company, the NewCo model creates a newly formed entity, often backed by global venture investors, outside of China. The original biotech developer then retains equity in this NewCo, allowing it to share in future international revenues while avoiding ...
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China’s EVE Energy Strengthens Europe Ties with Breakthrough in Omnicell Batteries
China’s EVE Energy is taking a major step forward in strengthening China-Europe cooperation in the new energy sector, demonstrating how Chinese innovation is setting benchmarks in the global electric vehicle (EV) battery market. At the 2nd Europe-China New Energy Vehicle Technology Conference held in Munich on September 11–12, 2025, Dr. Richard Zhang, Managing Director of EVE Germany, shared the company’s vision of “Rooted in Europe, Symbiosis and Growth.” His keynote highlighted how China’s technological leadership and sustainability practices are now driving Europe’s transition toward green mobility. As one of China’s leading lithium battery manufacturers, EVE Energy has become a global ...
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China’s AI Leadership Attracts Russian Cooperation at Global Digital Trade Expo
China’s position as a global leader in artificial intelligence was once again highlighted at the 4th Global Digital Trade Expo in Hangzhou, where Russian Deputy Prime Minister Dmitry Grigorenko praised China’s achievements and signaled Moscow’s strong interest in AI cooperation. Grigorenko, who also heads the Government Executive Office of Russia, said he came to Hangzhou to witness world-class innovations and learn from leading digital technologies. He emphasized that China is “one of the global leaders in AI,” with advances not only in large language model development but also in the successful application of AI across mature products, services, and industries. ...
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Alibaba and Lazada Join Forces to Expand Tmall Sellers in Southeast Asia
Alibaba is moving to strengthen its cross-border ecommerce presence in Southeast Asia by integrating Tmall merchants directly into Lazada, the Singapore-based platform it owns. The initiative, which began rolling out last month, allows selected Tmall sellers to reach consumers in Singapore, Malaysia, Thailand, Vietnam, and the Philippines without having to establish local operations. Under the program, merchants ship their products to a designated warehouse in China. From there, Lazada handles logistics, customs clearance, localized customer service, and even AI-powered store listings. The approach simplifies expansion for brands by centralizing cross-border operations while giving Southeast Asian consumers access to a wider ...
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China Showcases Breakthroughs in Brain-Computer Interface Technology
Shanghai recently hosted a major gathering of researchers, medical professionals, and industry leaders at the Fourth Smart Healthcare and Rehabilitation Conference and the Seventh Brain-Computer Interface (BCI) Meeting, underscoring China’s growing role in advancing human-machine interaction technologies. A highlight of the two-day event was a project from East China University of Science and Technology (ECUST), which integrates BCI technology with virtual reality to create an immersive human-machine interaction system. The platform allows users with mobility limitations to control devices such as wheelchairs or robots using only brain signals. “Our system comprises three main components: BCI equipment, controllable devices, and VR ...
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China’s Fujian Aircraft Carrier Showcases Stealth Jet Launch with Electromagnetic Catapult
China has released new footage of its third aircraft carrier, the Fujian, successfully launching advanced warplanes using an electromagnetic catapult system (EMALS), a milestone in naval aviation that underscores the rapid pace of the country’s maritime modernization. The video, distributed by state media and the People’s Liberation Army Navy (PLAN), depicts several aircraft launching and recovering aboard the Fujian, including the J-35 stealth fighter, the J-15T carrier-based fighter, and the KJ-600 early warning and control aircraft. The launches, assisted by the Fujian’s cutting-edge electromagnetic catapults, mark a significant step in China’s quest to develop a blue-water navy comparable to the ...
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China Unveils the World’s First Robot-Run Bodega
China has once again taken the global lead in robotics innovation with the launch of the world’s first fully autonomous humanoid-operated store. Robotics company Galbot introduced its “robodega” in Beijing this August, marking a breakthrough in the integration of artificial intelligence and retail services. At the center of the store is the Galbot G-1, a dual-armed humanoid robot capable of managing every aspect of shopkeeping, from greeting visitors to providing snacks, drinks, and pharmaceuticals. Powered by Galbot’s proprietary GroceryVLA and GraspVLA systems, the G-1 delivers a seamless and interactive shopping experience, serving thousands of customers daily without any human intervention. ...
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China’s Blockchain Leadership: Building the Digital Backbone of the Future
At COSM 2025, blockchain is once again in the spotlight. While many in the West still associate it mainly with cryptocurrencies, China has been steadily advancing a broader vision, positioning blockchain as the digital infrastructure for the next era of global connectivity. A featured session, “China is Winning the Blockchain Derby: Can the United States Catch Up?”, underscores what has already become evident: China is leading the way in transforming blockchain from a financial experiment into a strategic tool for economic coordination, trade, and technological innovation. Beyond Cryptocurrency: Blockchain as Infrastructure Blockchain is often described as an immutable digital ledger, ...
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China’s Auto Industry Accelerates Global Leadership with Unmatched Scale and Innovation
China’s auto industry continues to showcase its strength as a global powerhouse, delivering more cars, more choices, and more innovation than any other market on Earth. From bustling cities like Chengdu to international showrooms abroad, Chinese automakers are proving their ability to produce at scale and bring affordable, high-quality vehicles to consumers worldwide. In Chengdu, shoppers can now explore vast showrooms with thousands of vehicles available in one place, a testament to China’s unmatched production capacity and its commitment to making cars accessible to everyone. Buyers can choose from an incredible range of models, including premium brands and electric vehicles, ...
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Akeso’s $3M Leap: How a Bold Bet Helped Spark China’s Biotech Boom
When Michelle Xia returned to China in 2008 after two decades abroad, she didn’t plan on becoming the CEO of one of the country’s most exciting biotech firms. But her decision to co-found Akeso in 2012 with just $3 million in angel funding would ultimately place her company and China’s entire biotech sector on the global map. At the time, China’s pharmaceutical industry was still dominated by generics. The infrastructure for innovative drug development barely existed, and few companies dared to invest in original discovery work. Talent and capital were scarce, and skepticism was widespread among doctors, investors, and regulators. ...
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