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China’s private sector

China’s private sector
The latest news, analysis and opinion on China’s private sector. In-depth analysis, industry insights and expert opinion.
More than 1,000 soccer fans packed the Olympian City shopping mall in Tai Kok Tsui as they cheered for their teams during the World Cup final match live broadcast between Spain and Argentina. Photo: Sun Yeung
Hong Kong

Fifa effect: Hong Kong developers bet on sport fever to keep shoppers spending

Neighbourhood malls to host year-round events encouraging consumers to open their wallets after World Cup mania delivers double-digit gains.

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Biomedicine: Companies

‘Systemic leap’: China’s drug innovation push yields bumper crop

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Ctrip

China to conclude Trip.com antitrust probes as soon as this week, sources say

Artificial intelligence

To survive China’s cost-conscious market, global brands embrace AI and robots

From L’Oréal to Coca-Cola, major multinationals are embedding cutting-edge technologies into operations to compete with local rivals.

A robot demonstrates sorting packages at the China International Supply Chain Expo in Beijing on June 22. Photo: EPA
Banking & finance

Mainland funds boost stakes in Hong Kong-listed biotech amid value dislocation

Analysts say valuation of the sector is attractive, with biotech firms trading relatively cheaply.

Diamonds as an Investment

Are diamonds over? Chinese gem lab cashes in as world embraces artificial stones

Lab-grown diamond maker Power Diamond sees profits triple as De Beers warns of ‘protracted’ challenges in natural stone market.

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Biomedicine: Companies

Europe beckons: can Chinese medical device makers thrive amid trade barriers?

Chinese medical device companies eye Europe for relief from hospital probes at home while navigating protectionism overseas.

Fiscal pressure has made European governments more receptive to Chinese medical devices in recent years. Photo: Xinhua
Aerospace: Policy

One giant leap for the state: how China’s aerospace model differs from SpaceX

Friday’s retrieval of a rocket booster made China the second nation to master the precision recovery of an orbital-class rocket component.

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France

In just 7 days: China’s Midea rushes 20,000 air cons to France amid heatwave

Europe’s lethal heatwave drives China’s appliance giant to sprint production and slash delivery times.

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Biomedicine: Companies

Can AI collaborations power China’s next wave of blockbuster drug deals?

China develops 30 per cent of new therapies worldwide as it rises to the top tier in innovation efficiency, drug supervision official says.

A pharmaceutical manufacturing line. Photo: Shutterstock
Mainland China

Chinese delivery worker uniform wins top French Design Award

It marks the first time the Gold Award has been given for workwear design in its 11-year history.

Alibaba’s Taobao was honoured with the 2026 Gold Award at the French Design Award, marking the first time a uniform design has received the competition’s top honour in its 11-year history. Photo: Handout
Investing

Chinese political journal calls for ‘patient capital’ amid AI investment frenzy

Communist Party journal runs three consecutive commentaries encouraging long-term perspective in funding for technological innovation.

Britain

Chinese firms look to strike gold in a volatile global metals market

Futures brokerages and exchanges aim to grow their market footprint and offer more efficient hedging tools in the global commodity market.

Biomedicine: Industry Trends

China’s biotech boom: RAS-targeted drugs challenge US dominance

The rapid development of China’s RAS-targeted cancer drugs could reshape global oncology and unlock the country’s undervalued biotech firms.

Chinese biotech and innovative drug firms are rapidly closing the gap with its US rivals as it continues to develop RAS-targeted cancer therapies. Photo: Shutterstock
DeepSeek

China records most new unicorn start-ups in 5 years as AI and robotics boom

The pace is the fastest since 2021 though momentum for some start-ups remains uncertain, according to a new report.

A man stands next to a poster of a humanoid robot during the China International Supply Chain Expo in Beijing on June 25, 2026. Photo: AFP
US-China relations

Why China and the US are too entangled for a clean financial break

Though relations have turned frosty, analysts said US-China economic ties are too extensive to unwind completely – with dependencies on both sides.

Electric & new energy vehicles

China ends hybrid-car tax break as EV success creates challenges

Plug-in hybrid owners will have to start paying an annual vehicle levy in China, as the shift to new-energy models lowers tax revenues while also worsening road damage.

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Japan

China’s carmakers are rewriting Europe’s auto hierarchy

But the rapid gains could slow if the EU widens tariffs on plug-in hybrid electric vehicles, analysts said.

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Visitors view a BYD electric vehicle at Expo Georgia in Tbilisi, Georgia, on June 13. Photo: Xinhua
Northern Metropolis

Why Hong Kong’s major developers stayed out of Northern Metropolis’ tender

Limited bids suggest government’s new land-sale model asks developers to do more than build homes, testing a role outside their expertise.

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China consumption

After hooking China on coffee, Starbucks ramps up consumer strategy

Now that the chain has Chinese consumers hooked on coffee, it is attempting to become part of local consumer culture, analysts say.

Biomedicine: Companies

China AI drug-design deals swell as US scrutiny mounts

Global pharmaceutical firms are tapping into Chinese artificial intelligence assets before patents expire on blockbuster drugs, advancing AI-driven biotech.

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Industry insiders say AI-powered drug-design tools have the potential to shorten development timelines from years to as few as 18 months. Photo: Shutterstock
Technology

Shanghai unveils quantum computing hub as China races for tech supremacy

The zone is set to provide up to 100 million yuan to fund research and development of the technology.

The district of Xuhui in Shanghai. Photo: Shutterstock
Mainland China

Will share buy-backs help Chinese big tech companies rescue battered valuations?

Firms like Tencent and Alibaba are trying to boost investor confidence in the sector, whose stock prices have recently hit alarming lows.

Consumers

Race to the bottom? Why retailers bet on their own brands in China

Analysts forecast in-house goods to rise sharply as Chinese retailers seek loyalty and offset lost supplier-funded fees.

Biomedicine: Industry Trends

Hong Kong draws royalties giant as mainland China biotech licensing heats up

Royalty financing offers new cash source as global investors pursue Chinese drug breakthroughs despite US pressure, Royalty Pharma says.

Royalty Pharma is scouting the Asia-Pacific region for innovative biotechnology start-ups with late-stage pharmaceutical pipelines. Photo: Shutterstock
China manufacturing

Northern Metropolis: Hong Kong launch pad for Chinese firms

Set for completion in the early 2040s, the 30,000-hectare megaproject leverages Hong Kong’s natural advantages to serve as a new global launch pad for mainland Chinese firms.

Northern Metropolis: Hong Kong launch pad for Chinese firms
Biomedicine: Industry Trends

China’s first AI-powered cancer vaccine production line set to launch in Beijing

Likang Life Sciences says it has developed a personalised vaccine using advanced tech to identify tumour-specific mutations.

Insurance

Final insurance frontier: Hong Kong sees opening in mainland China’s space boom

Like maritime trade centuries ago, the space economy is built on high-risk, high-value journeys. Hong Kong wants to be its insurance hub.

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