TASNIM NEWS reports Tehran Stock Exchange benchmark index nears an all-time high.

China's Ministry of Industry and Information Technology says it has established a four-tier intelligent-factory system to scale smart factory construction and push firms from digitization and networking to intelligence. The system comprises basic, advanced, excellence and leading tiers: about 35,000 basic-level, over 8,200 advanced-level and more than 500 excellence-level smart factories, with 15 firms named to a leading-level cultivation list; pilots include shared manufacturing for construction machinery, island-style automotive production and agile customization for home appliances. Since the rollout of the tiered cultivation initiative, average product defect rates have fallen 47% and average product R&D cycles have shortened 38%.

CENC measured a magnitude 5.0 earthquake in Greece at 18:02 on June 7, depth 10 km.