Science and technology in the People's Republic of China

The European Union has opened two investigations into whether two Chinese bidders benefited excessively from subsidies in their offers in a public tender for a solar power park in Romania, the European Commision said on Wednesday.

China's carbon emissions are likely to fall in 2024 because record growth in renewable energy capacity is now sufficient to cover growing demand, a new analysis finds.

China is the world's largest greenhouse gas emitter and has brushed aside calls for a more ambitious carbon neutrality target than its current 2060 goal.

In an effort to address a shortage in certain medicines, the Health Ministry announced a series of measures on Monday that include an increase in the prices of very low-cost drugs so that they are promoted in the Greek market and not in the international market where their prices are much higher.

The Iasi-based Antibiotice pharmaceuticals company has reported an H1 2021 business turnover of 163.39 million lei, up 11% from 2020, according to a company's press statement released on Monday. From its H1 2021 revenues, the company paid the public healthcare system 13.5 million lei in the clawback tax, which influenced the profitability rate.

The turnover of Romanian drug manufacturers, distributors and pharmacies was 66.6 billion lei in 2020, up 2.6 percent from 2019 and over 100 percent higher compared to 2010, shows a survey by KeysFin - one of the most important providers of business information solutions in Romania - based on Finance Ministry figures.

The Turkish government will allow the sales of face masks with the maximum price of 1 Turkish Lira each, and the price will depend on the quality of the masks, daily Hürriyet reported on May 6.

All 5 companies from the shortlist of approved strategic investors for Belene NPP have confirmed their offers. The deadline was January 31st. The shortlisted companies are the China National Nuclear Corporation (CNNC), Atomenergoprom AD which is part of Rosatom, Korea Hydro-Nuclear Power, Framatome SAS - France and General Electric - USA.

Turkey's Toksöz Group has divested a 30 percent stake in drugmaker Sanovel to Luxembourg-based Yamma Investments for a total consideration of $200 million.

A bill recently voted by the Greek Parliament gives pharmaceutical firms and other healthcare providers that owe money to state healthcare provider EOPYY the facility to settle their debts in 120 monthly installments, just like other debtors to public bodies, such as social security funds.

According to Horizont, the Russian company Rosatom and the Korean Hydro Nuclear Company have submitted applications to the Belene NPP strategic investor selection process to date. China's CNNC is also expected to submit documents by the end of the day.