BEIJING - China plans to improve a subsidy bidding mechanism, newly launched this year, to lower subsidies in the solar photovoltaic (PV) sector, according to the National Energy Administration (NEA).Results of state subsidy bidding for PV power generation projects in 2019 unveiled earlier this month included 3,921 projects with a total installed capacity of about 22.79 million kilowatts.About 870,000 kilowatts of bid-winning projects have been connected to the electricity grid so far, with a fu… Read More >>

Mercedes-Benz showcased its first fully electric sport utility vehicle - the EQC - in Shanghai on Tuesday, together with its three technical directions it is heading with its electrification, as part of the German automaker's efforts to realize its vision for zero-emissions mobility.To improve its electric safety, the model has an auxiliary frame which provides structural protection for the front motor, and an integrated anti-collision frame over the battery pack.The EQC has been tested over 4.5… Read More >>

BERLIN - China's proposed Belt and Road Initiative (BRI) has been creating opportunities for German enterprises, said Hans von Helldorff, speaker of the board of the Federal Association of German Silk Road Initiative (BVDSI), in an interview with Xinhua on Monday."The future markets and the new markets, for example, are in Asia, Africa as well as eastern and southern Europe. They are not so well-connected. China has been providing the connections, thus it will generate great opportunities," said… Read More >>

Biosimilars have the potential to significantly reduce treatment costs. Chris Peterson, PharmD, Director, Emerging Therapeutics, takes a look at the growing biosimilar pathway.U.S. Biosimilar MarketSince the first U.S. biosimilar was approved in 2015, the number of approved biosimilars has increased steadily year-over-year. In fact, in 2018, the U.S. Food and Drug Administration (FDA) approved seven biosimilars medications, compared to five the year before. Approved biosimilars are not interchan… Read More >>

BEIJING - China now leads the world in new energy vehicle (NEV) development, according to a survey ranking China top in its global electric vehicle development index for the first time in the second quarter of 2017.Results of the survey, the E-Mobility Index (2Q/2017), were jointly released by German consultancy Roland Berger and automobile study institute Forschungsgesellschaft Kraftfahrwesen Aachen on Tuesday.Starting in 2009, China's new energy auto industry experienced a robust expansion and… Read More >>