21社论丨加快建设全国统一大市场，治理非理性竞争

Group 1 - The Ministry of Industry and Information Technology emphasizes that irrational competition can destroy enterprises and industries overnight, which is intolerable [1] - Irrational competition, particularly "involution-style" competition, has emerged in various sectors in China, leading to disordered competition as the economy transitions to innovation-driven development [1][2] - Price competition is prevalent in low-value-added sectors, while high-value-added sectors rely on technological differentiation and brand building for competitive advantage [1] Group 2 - Non-rational competition leads to a vicious cycle where companies cut production costs and lower product quality to gain price advantages, squeezing profit margins across the industry [2] - This situation not only affects the sustainability of enterprises but also damages consumer trust and distorts resource allocation efficiency, ultimately hindering innovation [2][3] - The transition from high-speed to high-quality development in China necessitates a focus on technological innovation to enhance manufacturing competitiveness and create a modern industrial system with global competitiveness [2][3] Group 3 - Innovation is crucial for economic circulation, driving productivity and creating new industries, which in turn increases household wealth and government revenue for public services [3] - However, widespread irrational competition undermines this cycle by leading to low profits in manufacturing, making it difficult to attract investment for innovation [3] - Addressing irrational competition is essential for the fate of industries and the ability to achieve a new development pattern and establish a self-circulating economy [3]