China's appliance industry urged to end price wars, promote fair competition
( September 29, 2025, 09:09 GMT | Official Statement) -- MLex Summary: The China Household Electrical Appliances Association on Monday issued an initiative aimed at strengthening self-regulation and promoting fair competition in the industry. It called on domestic appliance makers to move away from cut-throat price wars and counterfeiting, and focus instead on fair competition, innovation and respect for intellectual property. The industry group proposed raising product standards and improving consumer services, while pledging adherence to rules on timely payments to small suppliers. It also called for a ban on predatory below-cost sales, false advertising, online disparagement of rivals and unpaid or excessive overtime.The statement follows:...
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