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多部门就无序价格战密集发声
第一财经·2025-06-02 15:05

Core Viewpoint - The article discusses the increasing regulatory efforts to address the issue of "involution" in the automotive industry, particularly focusing on the negative impacts of price wars on industry profitability and consumer rights [1][3][10]. Summary by Sections Regulatory Actions - Regulatory bodies are intensifying measures to combat involution in the automotive sector, with the Ministry of Industry and Information Technology (MIIT) supporting initiatives from the China Automotive Industry Association (CAIA) to maintain fair competition [1][9]. - The National Development and Reform Commission (NDRC) and the State Administration for Market Regulation (SAMR) are also involved in addressing the structural contradictions in key industries and enforcing laws against unfair competition [1][9]. Industry Challenges - The automotive industry is experiencing a decline in profitability, with profit margins projected to drop to 4.3% in 2024 and further to 3.9% in Q1 2025, below the manufacturing average [3][4]. - Experts highlight that the ongoing price wars are detrimental to companies' ability to invest in research and development, leading to potential safety risks and a decrease in product quality [3][4]. Involution and Its Consequences - Involution, characterized by chaotic price competition, is seen as a significant factor in the industry's declining efficiency and profitability [3][4]. - The CAIA has proposed four key initiatives to promote fair competition, including adherence to legal business practices and avoiding predatory pricing [6][7]. Recommendations for Transformation - Industry leaders suggest a dual approach of "疏堵结合" (smoothing and blocking) to guide the industry towards innovation-driven competition rather than price-based competition [7][8]. - The government is expected to implement stricter regulations and enhance monitoring of market behaviors to ensure compliance and promote a healthier competitive environment [7][10]. Multi-Departmental Collaboration - The article emphasizes the need for coordinated efforts among various government departments to tackle involution and promote sustainable industry development [8][10]. - The central economic work conference has identified the comprehensive rectification of involution as a priority for the year, aiming to enhance market dynamics and innovation [9][10].