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Real-time News
On May 28th, the fourth batch of land auctions in Shanghai for 2026 was held. According to the Shanghai Municipal Planning and Natural Resources Bureau, the HK306-08 residential land parcel in Jiaxing Road Subdistrict, Hongkou District, was among the successful bids. The parcel is bounded by Taipingqiao Branch Road to the east, planned green space to the south and west, and Linping Road to the north. It has an area of 7,115.32 square meters, a building area of 17,800 square meters, and a building height limit of 80 meters. On the same day, 12 bidders registered for the HK306-08 residential land parcel. The starting price was 1.42 billion yuan, with a starting floor price of approximately 80,000 yuan per square meter. After 63 rounds of bidding, the total transaction price reached 1.93 billion yuan, with a floor price of approximately 109,000 yuan per square meter and a premium rate of 35.63%. The winning bidder was Shanghai Chengtou Real Estate (Group) Co., Ltd.Kazakhstans Energy Minister: Maintenance of the Kashagan oil field has not yet begun; shareholders are discussing the matter.Kazakhstans Energy Minister: Maintenance of the Kashagan oil field has not yet begun; shareholders are currently discussing it.On May 28, President Xi Jinping and Austrian President Alexander Van der Bellen exchanged congratulatory messages to celebrate the 55th anniversary of the establishment of diplomatic relations between the two countries. Xi Jinping pointed out that over the past 55 years, China-Austria relations have weathered storms and maintained healthy and stable development. In 2018, President Van der Bellen and I jointly established a new positioning for the China-Austria friendly strategic partnership, ushering in a new stage in the development of bilateral relations. Last May, a new pair of "Panda Ambassadors" appeared in Vienna, further deepening the friendship between the two peoples. Currently, the international situation is complex and volatile. As promoters of world peace, supporters of multilateralism, and defenders of free trade, China and Austria should jointly uphold mutual respect and trust, openness and inclusiveness, and win-win cooperation. I attach great importance to the development of China-Austria relations and am willing to work with President Van der Bellen to take the 55th anniversary of the establishment of diplomatic relations as an opportunity to push China-Austria relations to a new level and make greater contributions to world peace and development.On May 28th, the Ministry of Natural Resources held its May routine press conference, releasing and interpreting the "Guiding Opinions on Accelerating the High-Quality Development of Marine Drugs and Functional Products." Regarding strengthening intellectual property protection, Yu Jiangyong, Deputy Director of the Drug Registration Management Department of the National Medical Products Administration (NMPA), stated that the NMPA, in conjunction with the State Intellectual Property Office, has established an early resolution mechanism for drug patent disputes. The newly revised "Regulations for the Implementation of the Drug Administration Law of the Peoples Republic of China" (hereinafter referred to as the "Regulations") further improves the system for protecting drug trial data and establishes a market exclusivity period system for pediatric drugs and drugs for the treatment of rare diseases. On May 15th, the "Implementation Measures for the Protection of Drug Trial Data" came into effect simultaneously with the "Regulations," and the specific implementation documents for the market exclusivity period system are currently being formulated. These systems will further strengthen the intellectual property protection of innovative drugs and stimulate enterprises innovative drive in the research and development of marine drugs.
