Russian President Putin has arrived in Krasnoyarsk.

现货黄金短线下挫十余美元，报4042美元/盎司；现货白银失守57美元/盎司，日内跌幅1.06%。

CHINA STATE PLANNER and the NEA released the New Power System Construction 15th Five-Year Plan, directing wide‑load, high‑efficiency retrofits of operating coal‑fired units and capping increases in coal consumption rate under low‑load operation at 25%. The plan mandates region‑appropriate full‑load denitrification (SCR) retrofits for coal units and implementation of a batch of cross‑generation upgrade projects at the ~600 MW class. In eligible regions it supports construction of zero‑carbon/low‑carbon fuel co‑firing and carbon capture, utilization and storage (CCUS) projects. Regulators are to issue coal power–new energy integration policies, prioritise coal–renewable integration pilots, retrofit coal units for enhanced regulation/flexibility, and push system coupling and integrated dispatch to lower coal‑fired generation.