BeiGene Ltd, a Chinese biopharmaceutical company focusing on cancer therapeutics, is basking in the glory of receiving the approval of the United States Food and Drug Administration in November for its independently developed new cancer therapy.

The Chinese organic agricultural product supplier rang the opening bell at the Nasdaq MarketSite on Monday, basking in a recent IPO that beat expectations.

[Photo/China Daily]Major foreign cosmetic companies are basking in the sweet smell of success after a move to cut red tape on imported beauty products in Shanghai.

Inefficient and untimely government coordination has led to such problems as investors with projects on hand waiting for land to settle their blueprints, while on the other hand, some land, officially approved by the government or deposited by enterprises yet not fully utilized, remaining "idle and basking in the sun", said Wang.

On a cherry plantation owned by Nativa Foods, 50 km from Chile's capital Santiago, cherry trees are basking in the hot sun.