Three sources said Trump's directive will prompt US department heads to seek ways to bypass state and local regulations to boost energy production.

A recent State Council executive meeting on macro policy to boost effective investment called for coordinated central-local action to stabilize investment. Economic Daily columnist Jin Guanping says effective coordination requires three dimensions: vertical—activate both central and local initiatives; horizontal—align cross-ministerial and cross-regional investment efforts; and government–market—use government guidance while mobilizing private investment. He warns China is at a critical stage of structural upgrading and investment faces both new opportunities and significant implementation obstacles; clearing coordination bottlenecks from top-level design to local delivery is needed to unlock policy effectiveness and restore investment’s role in growth.

港股宁德时代(03750.HK)涨幅扩大至5%。