Core Viewpoint - The National Development and Reform Commission (NDRC) emphasizes the need to combat "involutionary" competition in the market, which has been highlighted as a significant issue affecting various industries and is expected to be a focus for the second half of the year [1][4][7]. Group 1: Definition and Understanding of "Involutionary Competition" - "Involutionary" competition refers to inefficient and forced competition that does not lead to industry growth, often resulting in price wars that harm quality and service [3][4]. - The term has gained traction in government discussions, although it lacks a precise definition [3][4]. - Experts suggest that if competition does not lead to profit growth for the industry but results in price reductions, it can be classified as "involution" [4]. Group 2: Causes of "Involutionary Competition" - Factors contributing to "involutionary" competition include insufficient domestic demand, oversupply, and government subsidies that exacerbate capacity excess [5][6]. - Companies often engage in price-cutting to maintain market share, leading to a vicious cycle of competition [5]. - Some firms resort to cost-cutting measures that harm the supply chain, reflecting outdated business practices [5]. Group 3: Strategies to Combat "Involutionary Competition" - The NDRC plans to revise pricing laws to clarify standards for identifying unfair pricing practices, focusing on behaviors that exclude competitors or monopolize markets [7][8]. - There will be targeted investigations into industries with significant "involutionary" competition to encourage compliance with pricing norms [8]. - Emphasis will be placed on fostering innovation and preventing blind imitation in emerging sectors while addressing low-level, homogeneous competition in traditional industries [8][9]. Group 4: Recommendations for Future Actions - Experts recommend that authorities focus on expanding domestic demand to help companies escape the "prisoner's dilemma" of "involutionary" competition [9][10]. - A market-oriented approach is suggested for effectively addressing the issues of "involutionary" competition [10].
头部平台为何大额补贴?下半年如何反内卷?国家发改委回应
Nan Fang Du Shi Bao·2025-08-01 11:47