Insta360 goes public a decade after founding · TechNode
On June 11, panoramic and action camera company Insta360 went public on China’s STAR (Science and Technology Innovation Board) Market, becoming the seventh company to list on the board in…
Trump plans a hefty tax on imported drugs, risking higher prices and shortages
US President Donald Trump has promised to impose hefty import taxes on pharmaceuticals, a category of products he has largely spared in his trade war. For decades, in fact, imported…
Apple launches China government subsidy program on official website for the first time · TechNode
Apple’s official website now supports China’s national consumer subsidy program for the first time. According to the promotional page, selected products are eligible for up to RMB 2,000 ($279) in…
Maduro vows to declare a ‘republic in arms’ if US forces in the Caribbean attack Venezuela
Venezuelan President Nicolas Maduro on Monday said he “would constitutionally declare a republic in arms” if the South American country were attacked by forces that the United States government has…
Alibaba merges Ele.me, Fliggy into e-commerce unit in strategic shift · TechNode
Alibaba Group has merged its food delivery platform Ele.me and travel unit Fliggy into its China e-commerce division as part of a shift from a traditional e-commerce model to a…
Closer ties highlighted for regional energy security
Maintenance workers exchange ideas on natural gas pipe welding techniques at the Horgos initial compressor station of the West Pipeline Company under China Oil & Gas Pipeline Network Corporation in…
China’s pharmaceutical industry now 2nd-largest in world: official
BEIJING – China“s pharmaceutical industry is now the second largest in the world, accounting for about 30 percent of the global total of innovative drugs in research, said Yang Sheng,…
Qingdao FTZ marks six years of strong growth and global links
The Qingdao FTZ, which turns six on Aug 31, achieves remarkable reform and development results. Just days before its sixth anniversary, the Qingdao Area of the China (Shandong) Pilot Free…
CNOOC completes largest petrochemical base in China
China National Offshore Oil Corp (CNOOC) announced on Friday the full completion of the Daxie Petrochemical refining and chemical integration project in Ningbo, Zhejiang province, marking the completion of country“s…
Tesla cuts price of new Model 3 in China as moment of truth nears for variant strategy
The US carmaker said on Monday that it would price the Shanghai-made car, which boasts a driving range of 830km, at 259,500 yuan (US$36,391), 10,000 yuan lower than the price…