Sinopec said the Long March 10B, successfully net-recovered in Hainan, used at scale high-purity methane produced from liquefied natural gas as aerospace fuel for the first time, marking a key technology breakthrough in fuel diversification for China’s commercial space sector. The two-stage reusable rocket, developed for the commercial market, has a 5‑metre core diameter and core components are 100% domestically produced. The LOX‑methane propellant used in this launch had 98.7% methane purity an

July 10 — The People’s Bank of China hosted a seminar on the evolution of the international monetary system. PBOC Party secretary and governor Pan Gongsheng presided. Zhu Min, dean of Tsinghua University’s National Institute of Financial Research and former IMF deputy managing director, presented research on international monetary system evolution, metrics for currency internationalization and digital currency development, and exchanged views with attendees. Senior PBOC and State Administration of Foreign Exchange officials attended, including PBOC vice governors and SAFE director Zhu Hexin, vice governors Lu Lei and Zou Lan, and SAFE deputy directors Li Bin and Liu Bin; PBOC departments, branches and affiliated units joined at main and sub-venues.

Country Garden held a July 10 management meeting and said H2 will be a critical window for its operational transition. Management ordered a focus on stabilizing financing and debt and sustaining development, directing regional project teams to ensure completion and handover of homes and to execute an orderly strategic shift back to normal operations. The company reviewed H1 progress and prioritized quality delivery, product upgrades, safety, organizational control and AI-driven operations. Joint chairman Mo Bin said the market warming trend is established; ongoing policy support and concentrated release of pent-up demand should drive recovery from Tier‑1/2 to Tier‑3/4 cities, a process that will take time and requires patience.