The State Council recently released a circular calling for further efforts to step up innovation and opening-up in national economic and technological development zones, in a bid to boost their international competitiveness and work for high-quality development.The development of national economic and technological development zones should stick to innovation and opening-up, prioritize high-quality output, and remain market-oriented, the circular said.A slew of approaches will be taken to beef u… Read More >>

The State Council on May 24 issued a plan on a vocational education program that pledges to provide subsidy-supported training for 50 million workers in three years.The plan aims to upskill workforces and foster entrepreneurship.Skilled workers should by 2021 account for over 25 percent of the total workforce, and high-skill workers should account for at least 30 percent of all skilled workers.Special action plans on vocational training will be offered to poor workers, laid-off workers, veterans… 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 >>