Key Points - The core viewpoint of the report emphasizes the need to "break the internal competition" as highlighted by the General Secretary in July 2025, with a structured approach focusing on three dimensions: industry, enterprise, and government [4][6] - The report identifies the formation of effective price alliances as a significant international strategy to combat internal competition, characterized by public agreements on market share distribution, unified pricing, and supply limitations [4][12] - Notable examples of successful price alliances include OPEC and the iron ore price alliance, which provide valuable lessons for domestic policy [4][44] Group 1: Price Alliances - Price alliances are defined by their key features: public agreements for market share distribution, unified pricing, and supply restrictions [12] - The report discusses the historical context and evolution of OPEC, highlighting its ability to maintain price stability through coordinated production adjustments among member countries [22][38] - The iron ore price alliance is presented as a model for collective negotiation, demonstrating the importance of industry collaboration to enhance bargaining power [4][40] Group 2: International Examples - Countries like Argentina, Bolivia, and Chile are working towards establishing a "Lithium Triangle OPEC" to coordinate lithium production and pricing [44] - Indonesia has proposed a nickel group similar to OPEC, aiming to leverage its significant nickel reserves for better market positioning [46] - The report notes that Russia and Qatar have expressed interest in forming a natural gas output organization akin to OPEC, indicating a trend towards resource-based alliances [49] Group 3: Domestic Implications - The report suggests that China should establish industry alliances for key resources and manufacturing sectors, focusing on "quota + price limits" to secure pricing power and prevent market disruption [4][57] - It emphasizes the need for collective bargaining in industries like photovoltaics and new energy, advocating for a unified national approach to enhance negotiation strength [4][58] - The report outlines a strategic framework for managing key strategic resources, including refined export quotas and minimum price regulations to protect national interests [57]
申万宏源策略政策专题研究:反内卷有哪些国际成功经验可借鉴?
Shenwan Hongyuan Securities·2025-08-12 06:44