B[The Hang Seng Index and Hang Seng Technology Index both rose by about 1%, and pharmaceutical stocks and biotechnology stocks rose] On October 6, Hong Kong stocks closed higher, with the Hang Seng Index rising by 1% and the Hang Seng Technology Index rising by 0.94%. Zhipu rose more than 7%, and GLM-5.3 was listed on Amazon Bedrock. Pharmaceutical stocks and biotechnology stocks rose. CanSino Biologics rose by more than 14%, Biocytogen-B rose by more than 11%, Zai Lab rose by more than 9%, Insilico Intelligent, Sino Biopharmaceuticals, and Kangfang Biologics rose by more than 4%, 3SBio and Chi-Med Pharmaceuticals rose by more than 3%, and Hopewell Pharmaceuticals-B rose by about 3%. B[Preparations for the 2026 APEC Business Leaders Summit are progressing smoothly] September 29th, today, the China Council for the Promotion of International Trade held a press conference. The reporter learned at the press conference that the preparations for the 2026 APEC Business Leaders Summit to be held in Shenzhen from November 17 to 18 this year are currently progressing smoothly. According to reports, this business summit has received widespread attention from all parties, and Chinese and foreign companies have enthusiastically signed up. In particular, the enthusiasm of foreign companies to participate in the summit continues to rise. Among them, American companies are particularly active in signing up and are currently the economy with the largest number of registered companies. Amazon, Walmart, Apple, Google, ExxonMobil, Microsoft, and many other Fortune 500 and well-known American companies have submitted applications to participate in the conference, covering multiple industrial fields such as semiconductors, artificial intelligence, and biopharmaceuticals. This fully reflects the great importance the U.S. business community attaches to participating in Asia-Pacific industrial and commercial cooperation, and also reflects the current close cooperation between China and the U.S. industrial and supply chains. (CCTV News) B[Wang Yi Meets with Chairman of the National Economic Council of Indonesia Luhut] On September 17, Wang Yi, member of the Political Bureau of the Central Committee of the Communist Party of China and Minister of Foreign Affairs, met with Chairman of the National Economic Council of Indonesia Luhut in Beijing.
Wang Yi conveyed President Xi Jinping's cordial greetings to President Prabowo Vo, saying that under the strategic guidance of the two heads of state, China-Indonesia comprehensive strategic partnership has continued to develop in depth. Last month, we launched the first meeting of the China-Indonesia Comprehensive Strategic Dialogue Mechanism, and at the same time held the second ministerial meeting of the "2+2" dialogue mechanism between China and Indonesia's Foreign Ministers and Defense Ministers. The two sides have enhanced mutual understanding and trust. China and Indonesia are two major countries and representatives of emerging economies. Deepening strategic communication and strengthening strategic cooperation between the two countries is in the interest of the two peoples and has important implications beyond bilateral relations. China is happy to see Indonesia accelerate its development and revitalization, and is willing to work with Indonesia to promote unity and self-reliance in the global South and play the role of a major developing country in building a more just and reasonable global governance system.
Wang Yi said that China-Indonesia cooperation not only has a good foundation, but also shows new prospects. The two countries should strengthen the alignment of development strategies and promote the transformation and upgrading of cooperation. China is willing to explore cooperation in emerging fields such as artificial intelligence, biopharmaceuticals, and information technology on the basis of traditional cooperation in energy, mining, infrastructure, and industrial parks, and strengthen educational exchanges and talent training. President Prabowo decided that Indonesia’s decision to join the World Cooperation Organization on Artificial Intelligence is a wise decision. China is willing to work with Indonesia to promote the upward and inclusive development of artificial intelligence. China is willing to help Indonesia improve its independent development capabilities and accelerate its modernization process. It also hopes that Indonesia will create a good environment and provide strong policy support for the long-term and stable development of Chinese enterprises in Indonesia. I hope that the Indonesian National Economic Council led by you will continue to make new contributions to the relations between the two countries, especially the mutually beneficial cooperation between the two countries.
Luhut conveyed President Prabowo's sincere greetings to President Xi Jinping, saying that Indonesia attaches great importance to its relations with China and that the friendship and mutual trust between the two countries is profound. China is Indonesia's most reliable and long-term strategic partner in its development process. Indonesia's development is inseparable from China's support and participation. The friendly cooperation between the two countries has become increasingly popular in Indonesia. Indonesia hopes to learn from China’s successful experience in implementing the 15th Five-Year Plan, strengthen cooperation with China in strategic emerging industries such as artificial intelligence, biotechnology, medical health, advanced manufacturing, digital finance, mining, and talent training, and explore joint production, research and development, and innovation. We are willing to work with China to effectively transform the comprehensive strategic partnership between the two countries into more practical cooperation results and better benefit the two peoples. B[Inner Mongolia: The output value of the biomanufacturing industry will reach more than 100 billion yuan by 2030] On September 11, the General Office of the People's Government of the Inner Mongolia Autonomous Region recently issued the "Action Plan for Accelerating the High-quality Development of the Biomanufacturing Industry in the Inner Mongolia Autonomous Region." It is proposed that by 2030, the scale of the bio-manufacturing industry will continue to expand, the entire industry chain will be gradually built, and it will become an important engine for the development of new productivity in the autonomous region. The output value will reach more than 100 billion yuan, and the number of bio-manufacturing enterprises in the region will be strived to reach more than 500, among which, enterprises above designated size will reach To more than 200 companies, Hutong Chiba Bio-manufacturing Industry Cluster will be supported to create a national-level advanced manufacturing cluster; scientific and technological innovation capabilities will be significantly enhanced, and an important national bio-manufacturing technology innovation node will be basically established. The world's largest lactic acid bacteria and other microbial germplasm resources and genome database will be built to consolidate Traditional advantages include maintaining the international leading level in key indicators such as amino acid fermentation efficiency and veterinary vaccine research and development; industrial upgrading is accelerated, industrialization of key materials such as polylactic acid and bio-based nylon is realized, and the application proportion of non-grain raw materials is gradually increased; market entities and brand cultivation systems are accelerated to build 2- 3 local leading enterprises with a revenue of 5 billion yuan, more than 1 national-level specialized, special and new "little giant" enterprises, more than 5 autonomous region-level specialized, special and new small and medium-sized enterprises, and 2-3 brand products with strong competitiveness in the domestic market, introduce more than 2 well-known domestic and foreign companies to set up production bases. B[Wang Wentao met with Finnish Minister of Economic Affairs Puisto] September 7, according to the official website of the Ministry of Commerce, on the morning of September 7, Minister of Commerce Wang Wentao met with Finnish Minister of Economic Affairs Puisto. The two sides exchanged views on China-Finland and China-EU economic and trade relations.
Wang Wentao said that in recent years, under the strategic guidance of the leaders of China and Finland, bilateral economic and trade relations have been developing steadily and cooperation in various fields has become increasingly close. Finland is welcome to serve as the guest country of the 26th China International Fair for Investment and Trade. It is hoped that both sides will make good use of mechanisms such as the China-Finland Joint Economic and Trade Committee and the Innovative Enterprise Cooperation Committee to continuously deepen practical cooperation in clean energy, circular economy, intelligent manufacturing, biopharmaceuticals and other fields. It is hoped that the Finnish government will continue to create a fair, open and non-discriminatory business environment for Chinese companies to invest in Finland.
Wang Wentao said that under the current situation, it is of great significance to maintain the overall stability of China-EU economic and trade relations. Recently, China and the EU have conducted intensive consultations on a number of important issues within the framework of the Trade and Investment Consultation Mechanism. It is hoped that the Finnish government will adhere to free trade, push the EU and China to meet each other halfway, adhere to the new positioning of a stable and balanced China-EU key trading partnership, and properly handle economic and trade frictions through dialogue and consultation on the basis of compliance with WTO rules.
Puisto said that Finland attaches great importance to economic and trade cooperation with China and is honored to serve as the guest country of this CIFIT. He hopes to continue to make good use of platforms such as the Finland-China Innovation Enterprise Cooperation Committee to further expand Finland-China trade investment and green innovation cooperation. Finland welcomes the establishment of a trade and investment consultation mechanism between the EU and China and hopes that the two sides will reach consensus through dialogue, properly resolve each other's concerns, and avoid escalation of economic and trade frictions. B[Morning session on the second day of the 2026 National Talks: Negotiations on some oncology drugs begin Representatives from Chinese and foreign companies such as Heyuan Biotech, Astellas, Hengrui Pharmaceuticals, etc. attended the event] On September 6, reporters learned from the on-site negotiations on the 2026 National Medical Insurance Catalog and the Price Negotiation on the Commercially Insured Innovative Drug Catalog that the second day of the 2026 National Talks was held on August 8 Starting around 12:00 p.m., representatives from nearly 20 domestic and foreign pharmaceutical companies, including Heyuan Biologics, Yuanda Pharmaceuticals, Hengrui Pharmaceuticals, Qilu Pharmaceuticals, Eli Lilly, Chia Tai Tianqing, a subsidiary of China National Biopharmaceuticals, CSPC Pharmaceutical Group, Sanofi, Innovent Biologics, and Novartis, entered the venue one after another to start negotiations. Among them, Heyuan Biotech's CAR-T drug Nachiolense Injection entered the Commercial Insurance Innovative Drug Catalogue last year. This year, it applied to enter the Basic Medical Insurance Catalog and passed the preliminary review. It also applied for adjustment of indications in the Commercial Insurance Catalog. It is expected that the types of drugs negotiated in the morning will include tumor treatment drugs. (Reporters Lu Afeng and Yu Miao)
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