中新网评：中国“反内卷”正重塑市场

Core Viewpoint - The newly revised Anti-Unfair Competition Law in China aims to address "involution" competition, which has led to unhealthy market practices and is expected to reshape industry dynamics [1][5][7] Group 1: Policy and Regulatory Actions - The Chinese government has been actively implementing "anti-involution" policies throughout the year to combat low-price and disorderly competition [2] - The Central Economic Committee emphasized the need to rectify chaotic competition in various sectors, including solar energy and automotive industries, and has engaged with relevant stakeholders to promote rational competition [3] - The revised Anti-Unfair Competition Law introduces provisions to protect data rights and prohibits platforms from forcing merchants to sell below cost, aiming to restore fair competition [5] Group 2: Industry Impact and Economic Indicators - The implementation of anti-involution measures has shown positive effects, with industrial profits in August rising by 20.4%, a significant recovery from a 1.5% decline in July [6] - The solar industry is expected to see a restructuring of competition by mid-2025, with major lithium mines halting operations and significant reductions in capital expenditures among leading solar glass companies [6] - The automotive market is transitioning towards a more stable environment, with reduced price cuts and promotions as a result of the anti-involution wave [6] Group 3: Long-term Strategy and Collaboration - The fight against "involution" competition is described as both a challenging and ongoing battle, requiring collaboration among government agencies, judicial bodies, industry organizations, and enterprises to establish a comprehensive governance system [7]