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Made in China 2025

Made in China 2025
Launched by Premier Li Keqiang in 2015, the “Made in China 2025" strategy aims to guide the country’s industrial modernisation, including the substitution of foreign technology with innovation developed on the mainland.
Last year, China approved 76 innovative drugs, including 47 chemical drugs and 23 biologics. Photo: Shutterstock
Biomedicine: Companies

Chinese biotechs strike a record US$136 billion in out-licensing deals in 2025

Chinese drug makers signed 157 out-licensing deals with global pharmaceutical firms last year versus 94 a year earlier.

Biomedicine: Industry Trends

Meow or never: China’s pudgy pets spark race for weight-loss drugs

China manufacturing

China’s next decade to cement status as hi-tech manufacturing power: reports

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Mainland China

Chinese firms flock to Dubai free zones to navigate trade barriers, expand reach

JD.com, CNBM, carmakers and hundreds of other Chinese companies use the hub to reach consumers across Asia, Africa and Europe.

The Jebel Ali Free Zone at the western end of Dubai. Photo: Handout
Biomedicine: Industry Trends

China’s rising biotech clout on show in flurry of billion-dollar licensing deals

A burst of overseas licensing pacts is spotlighting China’s biotech sector, as Jacobio, Coherent Biopharma and Harbour BioMed land deals.

China economy

Opinion | Arguing about China’s overcapacity overlooks its drive for clean energy

What is often described as overcapacity is the outcome of a development strategy that treats energy as the foundation of economic capability.

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United States

Are Chinese biotechs what the doctor ordered as Big Pharma faces ‘patent cliff’?

US drug makers are racing to plug looming ‘patent cliff’ revenue gaps – and increasingly they are turning to China biotechs.

US drugmakers are increasingly looking to Chinese biotechs as an answer to the revenue gaps left by the looming ‘patent cliff’. Illustration by Henry Wong
Biomedicine: Industry Trends

China’s pharmaceutical industry transforms into a global innovation powerhouse

The China Pharmaceutical Innovation and Invention Index, a new gauge, highlights top drug makers on the mainland for the first time.

Mainland China

Can rising lithium costs save China’s energy storage firms from a price war?

China’s battery makers raise prices amid lithium rebound and global AI energy demand.

Biomedicine: Policy

China’s new drug insurance: lifeline for patients or squeeze on big firms?

New insurance formulary trims costs of Alzheimer’s and cancer therapies and marks a small win for global novel drug makers.

The commercial insurance formulary covers some medicines that are not yet eligible for reimbursement under the country’s National Reimbursement Drug List. Photo: Shutterstock
Biomedicine: Companies

Chinese biotech Scizeng’s global licensing deal to yield up to US$1.44 billion

Yarrow Bioscience gets exclusive global rights for the GenSci098 therapy to treat thyroid eye disease and Graves’ disease.

A number of Chinese biotech firms have clinched licensing deals with multinational companies this year. Photo: Shutterstock
Robotics

China’s Unitree teases platform allowing users to control robots via smartphones

Hangzhou robotics unicorn’s platform is designed to bring embodied intelligence into everyday life.

Biomedicine: Companies

China’s Fosun Pharma unit strikes US$2.1 billion obesity drug deal with Pfizer

Yao Pharma’s deal with the US pharmaceutical giant underscores China’s growing role in global biotech licensing.

Mainland China

Exclusive | China’s oldest shipyard Jiangnan plans world’s first nuclear-powered vessel

Construction on 25,000-container ship could start in the next 10 years, but a lot remains to be done, a top executive says.

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A model of a nuclear-powered container ship is displayed at the Marintec China expo in Shanghai last week. Photo: China News Service/VCG via Getty Images
Robotics

China’s Pudu Robotics rolls out overseas charm offensive with robot dog

Quadruped dubbed D5 from Pudu – founded by former HKUST engineering student Felix Zhang – draws crowds at Tokyo expo.

Pudu Robotics’ latest quadruped model, D5, debuted at IREX. Photo: Wency Chen
Zhongshan

End of an era: Japan’s Canon shuts China printer plant as local rivals rise

Closure marks a turning point, where Chinese brands have not only caught up with foreign rivals but have also begun to dominate home market.

Robotics

Tsinghua University sets up research institute in push for robotics talent

The Institute for Embodied Intelligence and Robotics will be led by Zhang Tao, director of the university’s automation department.

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China shipbuilding

China’s CSSC unveils plans for cruise, deep-sea and nuclear-powered vessels

CSSC’s plan to develop specialised vessels is in line with Beijing’s ambition to transform the country into a shipbuilding powerhouse.

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CSSC says its growing strength in building advanced vessels is reflected in the construction of Adora Flora City. Photo: Getty
Mainland China

Chinese EV makers tipped to storm global top 10 carmakers by 2030, McKinsey says

Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.

China economy

Opinion | The rise of a Beijing-led ‘Global South Consensus’

As the Global South seeks a better development model and China looks for alternatives to mature markets, a match made out of mutual need is emerging.

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US-China relations

China sees progress while US sees threat in industrial success

A US Congressional commission highlights advances made by China under an industrial programme, as well as laying out recommendations to curb national security risks.

Photo: Shutterstock
Electric & new energy vehicles

Chinese EV makers accelerate robotics drive for ‘game-changing’ edge over US

Xpeng, Cherry and others expand beyond cars, with humanoid robot Iron winning praise from Tesla CEO Elon Musk.

Xpeng’s humanoid robot Iron relies primarily on visual data for training and decision-making. Photo: Shutterstock
China manufacturing

‘Significant gains’: US review evaluates ‘Made in China 2025’ advancements

The decade-long strategy reduces strategic vulnerabilities and strengthens geopolitical leverage, congressional report finds.

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He Xiaopeng

China’s Xpeng posts record revenue as robotaxi and humanoid ambitions take shape

JPMorgan raises Chinese electric-vehicle maker’s price target, citing long-term AI potential.

Mainland China

Unitree, AgiBot robots steal the show at Shanghai’s import expo

Humanoid robots and cyber dogs are among the showstoppers that help companies gain sales opportunities at the CIIE.

Remote-controlled robots from Unitree Robotics put on a show at the China International Import Expo. Photo: AFP
China economy

Opinion | China’s development model is reverberating around the world

‘Made in China 2025’ has helped Beijing increase its level of self-reliance and severely dented the global appeal of free-market economics.

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Illustration: Craig Stephens
China Mobile

China Mobile aims to triple AI computing power using homegrown chips

Accelerating AI infrastructure buildout is expected to be a major theme in China’s 15th five-year plan in 2026.

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China manufacturing

Beijing’s new ‘Made in China’ standards give foreign firms ‘national treatment’

Whether companies are state-owned, private or foreign, China’s new policy aims to prevent favouritism or discrimination by government procurement bodies.

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