Iran parliament speaker Ghalibaf said under a memorandum of understanding US$300 billion has been allocated for investment in Iran, with part earmarked for reconstruction.

Suizhou, Hubei, will push its special-purpose vehicle and emergency-equipment industries toward new-energy, intelligent, high-end and integrated manufacturing, and aims for industry output to exceed 100 bln yuan by 2030 to build China’s largest mobile emergency-equipment integrated base and consolidate a national-leading position. The city also plans upgrades in agricultural-product processing and metallurgical building materials, targeting industry clusters of about 100 bln yuan and 50 bln yuan, respectively.

The Yunxiao DC channel transmission-rights trade was executed, marking China’s first market-based transmission-rights transaction. Jointly organized by the Guangzhou and Beijing power trading centers, 113 power-market entities from Anhui and Guangdong transacted 21.16 mln kWh to be delivered from Anhui to Guangdong between June 21 and June 30 to meet demand from advanced manufacturing parks and high‑tech firms in the Guangdong‑Hong Kong‑Macao Greater Bay Area.