The Ministry of Industry and Information Technology (MIIT) has established the Quantum Information Standardization Technical Committee (MIIT/TC10) to draft and revise industry standards for basic/common technologies, quantum computing, quantum communication and quantum precision measurement. The inaugural committee includes 62 members; the secretariat will be hosted by the China Academy of Information and Communications Technology (CAICT).

China's Foreign Ministry said on July 3 it firmly opposes US and EU concerns about the Law on the Promotion of Ethnic Unity and Progress, which took effect July 1. Spokesperson Guo Jiakun accused those governments of ideological bias and politically motivated attacks that ignore China's socioeconomic and human-rights record, spread false information, and interfere in China's internal affairs, undermining ethnic unity. Beijing urged them to respect facts and stop what it called interference and smearing.

Non-dollar FX broadly higher; GBP/USD gained roughly 50 pips intra-session, USD/JPY slid about 60 pips, EUR/USD climbed about 40 pips.