Group 1 - The construction industry is advocating against "involution" competition, aiming for industry transformation [2] - The central economic work conference in December highlighted the need to address "involution" competition, marking the beginning of this initiative [3] - The recent meeting of the Central Financial Committee emphasized the importance of regulating low-price competition and guiding companies to improve product quality [3] Group 2 - New industries like new energy vehicles and photovoltaic products are also experiencing "involution" competition characterized by high investment and low output [3][4] - Local government support and protectionism are significant factors contributing to the persistence of "involution" in these emerging industries [4][5] - The photovoltaic industry is facing a situation where production capacity exceeds demand, leading to significant price drops across various segments [3][5] Group 3 - The lack of large-scale mergers and acquisitions in the photovoltaic and new energy vehicle sectors is concerning, as companies continue to operate despite losses [5] - Local governments often view mergers or market exits as failures, leading to continued support for underperforming companies [5][6] - The essence of combating "involution" is to allow businesses to operate freely, with a focus on product quality and innovation [6] Group 4 - The central government recognizes the need to regulate local government and corporate behavior to foster a competitive market environment [6] - It is crucial for local governments to strengthen governance and avoid interfering with market dynamics to promote a healthy business ecosystem [6]
反内卷的本质是“让生意的归生意” | 经观社论
Sou Hu Cai Jing·2025-07-11 14:24