China steps up push to curb disorderly price competition as market risks persist
( November 27, 2025, 05:16 GMT | Official Statement) -- MLex Summary: China’s top economic planner said Thursday that it met with government departments and industry associations to discuss draft standards to assess the costs associated with tackling disorderly price competition, according to a statement from the National Development and Reform Commission. The meeting noted that some sectors continue to face problems with irregular pricing and that some companies have yet to fully comply with requirements on fair price conduct, with instances of behavior disrupting market order persisting. The move is part of China’s broader effort to counter "involution-style competition," conduct that traps companies in a zero-sum spiral of unsustainable tactics.The statement follows (in Chinese). ...
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