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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.
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
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.

Biomedicine: Industry Trends

China’s pharmaceutical industry transforms into a global innovation powerhouse

Mainland China

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

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.

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.

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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.

The collaboration is “another significant milestone in Fosun Pharma’s strategy of innovation and internationalisation”, according to the company. Photo: Reuters
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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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.

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.

Production stopped late last month at Canon Zhongshan Business Machines. Photo: Coco Feng
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.

Tsinghua University’s Institute of Embodied AI and Robotics will integrate resources from its different schools. Photo: Shutterstock
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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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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Chinese President Xi Jinping at the Shanghai Cooperation Organisation Plus meeting in Tianjin, China, on September 1. Photo: EPA/Iranian Presidency handout
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.

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.

Xpeng is broadening its ambitions into advanced mobility and robotics. Photo: AFP
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.

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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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 Mobile chairman Yang Jie outlined the ambitious target at the China Mobile Global Partners Conference in Guangzhou on Saturday. Photo: Shutterstock
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.

China has clarified standards for “domestically made products” in government procurement. Photo: Shutterstock
China shipbuilding

China monitors shipbuilding capacity to prevent oversupply

Authorities have established a checks-and-balances mechanism to ensure the industry’s sustainable growth.

China manufacturing

China closes biotech gap with US as new drugs, pipelines top 30% of global total

Beijing has ramped up support for the bioeconomy with a five-year plan aimed at making the country a global leader by 2035.

China technology

Opinion | China’s 10-year industrial plan is paving the way for tech greatness

The Made in China 2025 plan to modernise manufacturing power is just one of the first steps in upgrading the nation’s technological prowess.

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Illustration: Craig Stephens
Mainland China

China doubles down on AI – but calls for rational, not ‘blind’, growth

Beijing wants regions to shape AI to local needs, avoiding the fierce competition plaguing some sectors and weighing on the economy.

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Schematic microchip of artificial intelligence with a coordinate system on the background of the Flag of China. Photo: Shutterstock
China's economic recovery

China races to embed AI use across major industries with ambitious 2030 target

Beijing’s strategy seeks to integrate AI in manufacturing, healthcare and many other sectors to fuel long-term growth.

China Future Tech briefing

Semiconductors | China chipmakers seek to loosen Nvidia’s AI stranglehold

Huawei and Cambricon are among Chinese companies trying to challenge Nvidia as export bans on the chip giant’s most advanced processors stoke government efforts to pare reliance on US technology.

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