Lei Jun speech at China Development Forum 2026,Lei Jun speech 2026,Xiaomi future industries

In Lei Jun speech at China Development Forum 2026, Xiaomi founder Lei Jun laid out a clear vision for how China’s massive market and deep industrial ecosystem can nurture future industries. Below are the key takeaways. The full transcript is available in the attachment at the end of this article.

“Cultivating future industries requires embracing uncertainty, and China is the ideal market for industries with high uncertainty.”
— Lei Jun speech at China Development Forum 2026

China’s 5G user penetration has reached nearly two-thirds, new energy vehicle penetration exceeds 50%, and L2 assisted driving adoption is also above 50% — all ranking first globally. This massive market provides an ideal testing ground for emerging technologies.

“Over the past five years, we have invested RMB 105 billion in core technology R&D. That’s how we got our cars, our 3nm flagship chip, our large language models, our robots, and the full ‘Human x Car x Home’ ecosystem.”
— Lei Jun speech at China Development Forum 2026 

Lei Jun Speech at China Development Forum 2026:Three Characteristics of Future Industries

1. Cross-Disciplinary Integration
Future technological innovation will inevitably involve collaboration across multiple fields. China’s complete industrial ecosystem serves as fertile ground for future industries — the depth and breadth of our existing industrial base directly influence the speed and scale of future industrial growth.

2. Demand-Driven Iterative Innovation
China’s large market creates a powerful feedback loop: demand → technology → application → industry. Companies bridge technology and users, leveraging open supply chains and real-world scenarios to drive continuous improvement.

3. Globalization
Future industries are inherently global. China is becoming a major source of global technological innovation. The ecosystem for future industries must both leverage global resources and share achievements with the world.

Lei Jun Speech at China Development Forum 2026:How Xiaomi Is Taking Action

1. Advancing Hardcore Technology

R&D investment exceeded RMB 100 billion over the past five years, with over RMB 200 billion planned for the next five.

Self-developed and mass-produced Xuanjie O1 SoC chip — Xiaomi is the fourth company globally with a 3nm flagship chip.

HyperOS: a distributed operating system designed for heterogeneous hardware.

MiMo large language models enabling AI capabilities to run locally on smartphones, automobiles, and other devices.

Beyond chips and OS, Xiaomi has also made significant strides in embodied intelligence. Its humanoid robot has already entered Xiaomi’s car factory for “internship,” capable of performing screwing tasks continuously for three hours with a success rate over 90%. Lei Jun emphasized that while the robot still looks “clumsy,” this marks a crucial step from lab exploration to real-world industrial application.

In the automotive sector, Xiaomi delivered over 410,000 SU7 units in 2025, and the next-generation SU7 launched in March 2026 has already received over 30,000 locked orders within three days. The company aims to deliver 550,000 vehicles in 2026.

On the AI front, Xiaomi’s MiMo-V2-Pro model ranks among the top 10 globally on the Artificial Analysis intelligence index. The company also launched “Xiaomi miclaw,” a mobile AI agent that moves beyond conversation to system-level execution, now in closed beta.

2. Building Open Ecosystems

The “Human x Car x Home” ecosystem connects over 1 billion smart devices globally, with 742 million monthly active users.

Through strategic investments and partnerships, Xiaomi has built an innovation ecosystem covering hundreds of hardcore technology companies, including dozens of specialized small and medium-sized enterprises in sensors, new materials, and precision components.

Lei Jun Speech at China Development Forum 2026:Looking Ahead

“Cultivating future industries is not a short-term endeavor. It requires thousands of companies to focus on their own fields, engage in deep research, and pursue innovation with determination.”
— Lei Jun speech at China Development Forum 2026

The Lei Jun speech at China Development Forum 2026 made one thing clear: China’s unique combination of massive market scale and complete industrial ecosystem provides the ideal conditions for cultivating future industries.

Xiaomi is doubling down on its commitment. Starting in 2026, the company will invest at least RMB 60 billion in AI over the next three years, on top of the already announced RMB 200 billion five-year R&D plan. A dedicated AI talent recruitment drive has also been launched, covering top researchers, campus hires, and interns.

Xiaomi remains committed to investing in hardcore technology, advancing foundational research, intelligent manufacturing, and open ecosystem development — contributing to a future where innovation makes life better for everyone.

Attachment Description

The complete English transcript of Lei Jun’s speech at the China Development Forum 2026 is available below / for download.
In the full transcript, you will find:

The complete, unedited speech text

Detailed elaboration on the three characteristics of future industries

In-depth coverage of Xiaomi’s technology strategy (Xuanjie O1 chip, HyperOS, MiMo LLM, and more)