At a July 14 State Council Information Office briefing on improving the natural resource asset management system, Ministry of Natural Resources Vice Minister Zhang Wentong said China’s urbanization and city development have shifted from an expansionary (incremental) phase to a stock-focused phase. To support quality-driven urban development, the land reserve system must continue to innovate and be reformed while still fulfilling its role.

July 14 — Xiaomi disclosed progress for its humanoid robot in an automotive plant. After four months of iteration, dual-sided operation at a self-tapping nut placement station improved from 90.2% to 98%, about 1 percentage point below the human pass rate. The team also began center-console side-cover sorting and tote-box folding/recovery tasks, both achieving roughly 90% success. Xiaomi said the center-console side-cover sorting station represents the first long-duration continuous handling of flexible workpieces in an auto factory.

百度(09888.HK)跌幅扩大至10%。