
More recent developments

The Big Fund III to make first investment in toolmaker
What happened: A September 12 filing showed that the Big Fund III – China's most recently established semiconductor development fund – is set to make its first investment since launch. Piotech, a leading semiconductor deposition toolmaker, said its subsidiary Tuojingjianke… Read More »

MIIT releases draft ADAS standards
What happened: On September 17, the ministry of industry (MIIT) released draft mandatory safety standards for Level 2 (L2) assisted driving systems (ADAS). More than half of new electric vehicles in China ship with L2 features. Some context: L2 products… Read More »

State Council approves new biomedical clinical research regulations
What happened: On September 12, the State Council approved new regulations on clinical research and applications of biomedical technologies. The full text of the regs will be released when they are formally promulgated, likely in a few weeks or months.… Read More »