TOPIC

Biomedicine: Policy

Chinese biotech firms brace for Trump tariffs, US funding bill

Efforts to expand sales of high-value products in China and non-US markets would cushion the blow, analysts say.

22 Nov 2024 - 7:30AM

Shenzhen

Shenzhen’s soaring R&D spending rivals Beijing, dwarfs Hong Kong

13 Nov 2024 - 10:43PM

Greater Bay Area

Hong Kong health-tech start-ups create digital wearables for seniors

3 Nov 2024 - 12:39PMvideocam

Shanghai

Shanghai to back local biopharma firms’ overseas push, regulatory compliance

The initiative aims to generate about US$7 billion from medical product exports by 2027.

1 Nov 2024 - 7:00AMvideocam

The latest action plan by Shanghai’s municipal government is expected to help local biopharmaceutical firms go global. Photo: Shutterstock

Health & Fitness

Ultrasound cancer treatment, supported by Li Ka-shing, gains traction in Asia

Focused ultrasound, backed by Li Ka-shing, is emerging as a non-invasive, commercially viable cancer treatment, attracting significant investments.

29 Sep 2024 - 7:09PMvideocam

US-China relations

Opinion | Is biotech the next battleground in US-China decoupling?

With both countries viewing technological leadership as a zero-sum game, the risk of a fragmented global innovation ecosystem is growing.

25 Sep 2024 - 4:50PMvideocam

Science

China’s strides in academic research seen to narrow US lead in medical science

Growing momentum in research sets China up as a formidable player in future of global healthcare, according to scientific publishers.

25 Sep 2024 - 4:14PMvideocam

China’s overall research output is slowly overtaking the United States, especially in the field of medicine, according to academic publishers. Photo: Shutterstock

China technology

China eyes sci-tech venture capital to boost industrial upgrade, economic growth

Premier Li Qiang said on Wednesday the development of venture capital is critical to sci-tech innovation, industrial upgrading and the growth of the economy.

19 Sep 2024 - 5:26PM

Technology

Hong Kong fund inks deal with biotech start-up as city aims for tech hub status

The Hong Kong Investment Corporation has struck a deal with a biotech firm started by Baidu founder Robin Li Yanhong, the fund’s second public move as the city seeks to boost its tech sector.

24 Jun 2024 - 4:06PM

Banking & finance

Hong Kong attracts US$832 million in investment from life-science firms

The investments, which will yield 3,200 jobs, come amid government efforts to enhance Hong Kong’s position as an innovation hub in the field.

8 May 2024 - 8:49PM

The Hong Kong government has created funding incentives to support life sciences firms in every stage of their development from basic research to clinical trials, manufacturing, and marketing, official says. Photo: Shutterstock

Banking & finance

Shanghai’s US$13.8 billion fund of funds to boost AI, semiconductor firms

Mainland China’s commercial and financial hub plans to set up a 100 billion yuan (US$13.8 billion) fund of funds focusing on key technology sectors to fire up the local economy.

29 Mar 2024 - 6:01PM

The city’s accelerated efforts to bolster technological innovation will consolidate its role as an investment magnet, Shanghai’s mayor says. Photo: AP

Shenzhen

Chinese drugs giant, Shenzhen team up to invest in city’s biomedical start-ups

Fosun Pharma will team up with Shenzhen’s government to raise a 5-billion yuan (US$700 million) healthcare fund to invest in start-ups and innovations in cellular biology, genetics and other fields related to biomedicine.

14 Mar 2024 - 7:00PMvideocam

Science

As China’s economy undergoes ‘structural upgrade’, tech becomes a top priority

That amounts to US$51.5 billion for 2024, with continued expenditure ‘guaranteed’ because of sector’s key role in driving development.

6 Mar 2024 - 10:07PMvideocam

China economy

Opinion | China tech: Wuxi model shows local governments how to drive growth

Wuxi’s evolution from an industrial hub to an epicentre of technological innovation offers other local governments a prime example of how to employ a unique blend of public and private sector integration to promote regional economic development.

5 Jan 2024 - 8:30PM

Barges traverse the Grand Canal in Wuxi, Jiangsu province, on December 9, 2023. Wuxi’s approach to drawing and promoting hi-tech industries in its evolution from an industrial hub to one of innovation can be an example for other municipal governments in China. Photo: Xinhua

Millionaires and billionaires

China’s healthcare tycoons lose US$17 billion as crackdown spreads

The combined fortune of the top 15 Chinese healthcare billionaires has fallen 17 per cent to US$84.1 billion amid a sweeping anti-corruption campaign that started about two months ago.

21 Sep 2023 - 3:19PM

Chinese Premier Li Qiang (centre), also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, inspects Shenzhen Mindray Bio-Medical Electronics in south China’s Guangdong Province, on August 23, 2023. Photo: Xinhua

Medicine

China targets hi-tech drug and medical equipment industries for support

State Council unveils plans to promote development in the areas over the next two years.

26 Aug 2023 - 10:00PMvideocam

Science

Stem cell study in Nature didn’t have ethical approval, Chinese academy says

Paperwork was falsified during the process of publishing the research, according to head of CAS ethics committee office.

17 May 2023 - 2:13PMvideocam

Semiconductors

Shanghai woos semiconductor and AI projects with generous subsidies

New policy is aimed at enhancing ‘vitality of industrial development’ and improving ‘city’s core competitiveness’.

25 Apr 2023 - 10:00PM

Shanghai ups support of chips and AI sectors. Photo: Chinatopix via AP

Science

China issues ‘most comprehensive’ bioethics rules since gene-edited baby scandal

Latest rules on life sciences and medical research involving humans expand regulatory scope of 2016 guideline and spell out administrative penalties.

4 Mar 2023 - 6:44AMvideocam

Shenzhen

Shenzhen’s hi-tech goals for 2025 defy US hostility and slowing growth

China’s southern tech hub of Shenzhen aims for 40 per cent growth over five years, with the goal of becoming an international hub of innovation, despite challenges from the US for local tech giants.

31 Dec 2020 - 11:14PM

Home to tech giants like Tencent, DJI, Huawei and ZTE, Shenzhen has come to be known as China’s Silicon Valley. Photo: Xinhua

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Biomedicine: Policy

As China bets on tech and innovation to drive its growth, it has placed its chips on several industrial sectors that are expected to play increasingly important roles in development and trade, which will bring fresh opportunities and challenges for stakeholders. SCMP’s China Future Tech is your go-to destination for the latest news, insights, and opinions on these select industries. Explore in-depth coverage of EVs, AI, semiconductors, aerospace, robotics and biomedicine sectors. Follow us to stay ahead in China's evolving competitive landscape.

last updated:

23 October, 2024