Benda Pharmaceutical, a Chinese pharmaceutical company that produces traditional Chinese and conventional medicines, as well as Gendicine, the world’s first commercialized gene therapy medicine for cancer has said that its subsidiary SiBiono has developed an anti-AIDS gene therapy. This marks SiBiono’s and Benda’s anticipated entry into the $14 billion Chinese anti-AIDS drug market.
As part of [...]
China will launch steel products futures at an “appropriate” time, a senior official with the China Iron & Steel Association (CISA) said.Qi Xiangdong, managing vice-secretary general of CISA, said the association and Shanghai Futures Exchange have together undertaken visits to London, Tokyo and Bombay to study the launch of such instruments.
China produced 466.85 mln tons [...]
Organizations face major hurdles in finding the right talent, providing for continual skills development, setting up efficient training strategies and retaining skilled resources, said Suzanne Simpson, president as well as chief science and innovation officer at Human Resource Systems Group Ltd. The 30-year human resource veteran - invited to the island by the German Trade [...]
China’s rapid growth in domestic mining of iron ore is outpacing the strong rises in iron ore imports as well as domestic steel output, said Liang Shuhe, deputy director of the Foreign Trade Department under the Ministry of Commerce.
Domestic mining of iron ore is already expected to hit a historic high of between 700 and [...]
The municipal government of Dalian in Liaoning Province announced that the city’s construction for its liquefied natural gas (LNG) project has begun on the Dagushan Peninsula. The main investor, China National Petroleum Corporation (CNPC), will build the port, the receiving terminal and pipeline facilities for the project. The $900 million receiving terminal will cover an [...]
The National Development and Reform Commission has recently begun conducting research to reshuffle China’s Refining Industry and to develop the industry according to the country’s long-term plans.
Corporations to be researched include plants with refining capabilities of less than 5 million tons under state-owned PetroChina, Sinopec and CNOOC, as well as local refineries under their control. [...]
