China State Planner and the National Energy Administration issued a new energy system plan to build a flexible power‑load ecosystem and increase user‑side demand response via new load management systems. The plan calls for full use of electric‑vehicle storage and integrated vehicle‑pile‑station‑grid interaction, promoting smart, orderly charging and targeting roughly 50 GW of aggregated adjustable vehicle‑grid charging capacity by 2030. It also mandates accelerated scale‑up of virtual power plan

Daiwa Securities economist Koji Hamada says Japan’s large investment program to boost growth and economic security could sustain fiscal concerns in the JGB market. He says funding needs will vary by sector, with semiconductors and cloud data centers most urgent; even less capital‑intensive industries may rely on long‑term financing. Regardless of project outcomes, the plan implies an inevitable increase in new yen government bond issuance.

China's foreign minister Wang Yi spoke by phone with Pakistan's deputy prime minister and foreign minister Durr on the evening of the 24th; Durr said Iran and the United States have entered a new phase of negotiations. Wang said China will work with parties to support the talks and set three priorities: consolidate a comprehensive ceasefire and prevent fighting from restarting; restore normal navigation through the Strait of Hormuz as soon as possible to protect global supply chains, with arrangements that respect littoral sovereignty and international practice; and support Middle Eastern states in improving ties and exploring a new regional security architecture to reduce major‑power rivalry and strengthen regional strategic autonomy.