China Vows to Rein In Intense Competition, Build Unified Market

China’s Xi calls for ‘unified market’, ‘well-regulated’ power against corruption

President addresses Central Commission for Financial and Economic Affairs as Communist Party of China marks 104th foundation day - Anadolu Ajansı

China Vows to Rein In Intense Competition, Build Unified Market

China’s top leadership has pledged to curb aggressive price competition among businesses, aiming to accelerate efforts toward a unified national market to help boost domestic demand.

New Legislation Targets Race-to-the-Bottom Competition Among China’s Internet Firms

New Legislation Targets Race-to-the-Bottom Competition Among China’s Internet Firms - Proposed amendments aim to curb cutthroat tactics such as below-cost pricing to data manipulation, in a bid to foster healthier growth in the country’s immense e-commerce and tech industries

China’s Criticism of Price Wars Sheds Light on Xi’s ‘Waning’ Power

Intense criticism of price wars spurred by China's industrial overcapacity has put a spotlight on the less successful aspects of President Xi's policies and his standing

Central Commission for Financial and Economic Affairs meets; Involution; Magnets; Yanhuang Chunqiu 炎黄春秋

It sounds like some companies may be getting guidance on price-setting and there will be a renewed push to “phase out backward production capacity in an orderly manner 落后产能有序退出”:The meeting emphasized that to advance the construction of a unified national market in depth, focus must be placed on key and difficult issues. Enterprises must be regulated according to law to eliminate disorderly low-price competition, and guided to improve product qu…