Core Viewpoint - The National Development and Reform Commission (NDRC) and the State Administration for Market Regulation (SAMR) have issued an announcement to address the issue of disorderly price competition in certain industries, which may lead to negative impacts on industry development, product innovation, and quality safety [1][2]. Group 1: Background of the Announcement - Price competition is a crucial aspect of market competition, and its normal functioning is essential for the effective allocation of resources in a socialist market economy [2]. - The emergence of disorderly competition in some industries could result in "bad money driving out good," adversely affecting the healthy development of the national economy [2]. - The government is implementing policies to resolve structural contradictions in key industries, promote the exit of inefficient capacities, and expand the supply of mid-to-high-end capacities [2]. Group 2: Role of Industry Average Cost Assessment - The announcement allows for the assessment of industry average costs in sectors with significant price competition issues, guided by relevant authorities [3]. - This assessment serves three main purposes: providing pricing references for operators, guiding improvements in production management, and evaluating industry competition conditions [3]. - Industry associations are encouraged to adhere to price laws and promote self-discipline within the industry [3]. Group 3: Regulatory Measures for Disorderly Competition - The announcement outlines three regulatory measures for operators engaged in disorderly price competition: reminders and warnings, regulatory enforcement, and credit-based penalties [4]. - Operators will be reminded to comply with pricing norms, and those who fail to do so may face investigations and legal actions [4]. Group 4: Requirements for Bidding Behavior - The announcement emphasizes compliance with existing laws regarding bidding and tendering, prohibiting bids below cost [5][6]. - Operators must ensure that their bids do not undercut their own costs, while bids above their costs but below industry averages are not automatically disqualified [6]. Group 5: Implementation of the Announcement - The NDRC and SAMR will guide local authorities in implementing the announcement's principles and measures [7]. - Key actions include policy promotion, encouraging industry self-discipline, monitoring market prices, and enforcing regulations against price violations [7].

Core Viewpoint - The announcement aims to address disorderly price competition in various industries to maintain a healthy market price order and promote fair competition [2][6]. Group 1: Background of the Announcement - Price competition is a crucial aspect of market competition, and its proper functioning is essential for resource allocation in a socialist market economy [2]. - Current issues of disorderly competition in certain industries may lead to negative impacts on industry development, product innovation, and quality safety, which are detrimental to the national economy [2]. - The announcement is part of broader efforts to resolve structural contradictions in key industries and to promote the exit of inefficient capacities while expanding mid-to-high-end supply [2]. Group 2: Role of Industry Average Cost Assessment - The announcement allows industry associations to assess average costs in industries with significant price competition issues, providing three main benefits: 1. It offers a reference for reasonable pricing, helping businesses optimize their pricing strategies [3]. 2. It encourages businesses to improve management and production processes, leading to better quality products and services [3]. 3. It aids in evaluating industry competition by comparing average costs with market prices, providing insights for macroeconomic regulation [3]. Group 3: Regulatory Measures for Disorderly Price Competition - The announcement outlines three regulatory measures for businesses engaged in disorderly price competition: 1. Reminders and warnings to encourage compliance with pricing norms [4]. 2. Regulatory enforcement actions, including cost investigations and price supervision for non-compliant businesses [4]. 3. Implementation of credit-based penalties for businesses that fail to adhere to pricing regulations [4]. Group 4: Requirements for Bidding and Tendering Behavior - The announcement emphasizes compliance with existing laws regarding bidding and tendering, specifically prohibiting bids below the cost of production [5]. - It mandates that businesses must not submit bids below their own costs, while bids above their costs but below industry averages are acceptable [5]. Group 5: Implementation of the Announcement - The National Development and Reform Commission and the State Administration for Market Regulation will guide local authorities in implementing the announcement's strategies [6][7]. - Key actions include policy promotion, encouraging industry self-regulation, enhancing market monitoring, and enforcing regulatory measures to combat price violations [6][7].

Group 1 - The core viewpoint of the article emphasizes the need for regulatory measures to address disorderly price competition in certain industries, which can negatively impact industry development and economic health [2][5]. - The announcement aims to protect the autonomy of businesses in pricing while implementing a combination of pre-guidance and ongoing supervision to maintain a fair competitive market environment [2][4]. Group 2 - The announcement outlines the background of the issue, stating that disorderly competition can lead to adverse effects on product innovation and quality, necessitating coordinated efforts between price policy and industrial policy [2]. - It highlights the role of industry associations in assessing average industry costs, which can help businesses set reasonable prices and improve management practices [3][4]. - Specific regulatory measures for businesses engaging in disorderly price competition include warnings, enforcement actions, and credit penalties for non-compliance [5]. - The announcement sets clear requirements for businesses regarding bidding practices, prohibiting bids below their own costs while allowing bids above their costs but below industry averages [6]. - To ensure the implementation of the announcement, the regulatory bodies will promote policy awareness, encourage industry self-discipline, monitor market conditions, and enforce regulations against price violations [7].

Core Viewpoint - The announcement aims to address disorderly price competition in certain industries, which negatively impacts industry development, product innovation, and quality safety, ultimately harming the healthy development of the national economy [2] Group 1: Background and Purpose - Price competition is a crucial aspect of market competition, and its normal functioning is essential for the effective allocation of resources in a socialist market economy [2] - The government is implementing policies to resolve structural contradictions in key industries, promoting the exit of inefficient capacities and expanding the supply of mid-to-high-end capacities [2] Group 2: Measures for Addressing Price Competition - The announcement includes measures such as researching and evaluating industry average costs, strengthening price supervision, and standardizing bidding behaviors to maintain a fair competitive market environment [2][3] - Industry associations are encouraged to conduct evaluations of average costs to provide references for reasonable pricing, guide operational improvements, and assess industry competition [3] Group 3: Regulatory Actions Against Disorderly Competition - The announcement outlines three regulatory measures for businesses engaged in disorderly price competition: reminders and warnings, regulatory enforcement, and credit punishment [4] - Businesses are required to adhere to the bidding law, which prohibits bidding below cost, ensuring product and service quality [5][6] Group 4: Implementation of the Announcement - The National Development and Reform Commission and the State Administration for Market Regulation will guide local authorities in implementing the announcement's key measures [7][8] - Efforts will include policy promotion, encouraging industry self-discipline, enhancing market monitoring, and strengthening regulatory enforcement to maintain a fair competitive market environment [8]

Core Viewpoint - The announcement aims to address disorderly price competition in certain industries, which negatively impacts industry development, product innovation, and quality safety, ultimately affecting the healthy development of the national economy [2]. Group 1: Background and Purpose - Price competition is a crucial aspect of market competition, and its normal functioning is essential for the effective allocation of resources in a socialist market economy [2]. - The government is implementing policies to resolve structural contradictions in key industries, promoting the exit of inefficient capacities and expanding the supply of mid-to-high-end capacities [2]. Group 2: Measures for Addressing Price Competition - The announcement emphasizes the need for a combination of pre-guidance and ongoing supervision, including industry average cost assessments, enhanced price regulation, and standardized bidding behaviors to maintain a fair competitive market environment [2][3]. - Industry associations are encouraged to conduct assessments of average costs in industries with significant price competition issues, providing references for reasonable pricing and improving production management [3]. Group 3: Regulatory Actions Against Disorderly Competition - The announcement outlines three regulatory measures for businesses engaged in disorderly price competition: reminders to comply with pricing norms, enforcement actions against non-compliance, and credit-based penalties for violations [4]. - Businesses are required to adhere to the bidding laws, ensuring that bids are not below their own costs, while also maintaining product and service quality [6]. Group 4: Implementation and Monitoring - The National Development and Reform Commission and the State Administration for Market Regulation will guide local authorities in implementing the announcement's principles and measures [7]. - Key actions include policy promotion, encouraging industry self-discipline, monitoring market prices, and enforcing regulatory measures to address price violations [7][8].

Core Viewpoint - The National Development and Reform Commission (NDRC) and the State Administration for Market Regulation (SAMR) have issued an announcement to address disordered price competition, emphasizing the need for businesses to adhere to fair pricing practices and maintain market order [1][3]. Summary by Sections Market Regulation - Businesses are required to follow the principles of fairness, legality, and good faith in pricing, based on production costs and market supply and demand, to maintain market price order [3][4]. - Key industries with significant issues related to price disorder will be assessed by industry associations under the guidance of NDRC and SAMR to provide reasonable pricing references [3]. Compliance and Monitoring - Regulatory bodies will remind businesses to comply with pricing laws and improve product quality and service levels, focusing on those that fail to adhere to pricing norms after warnings [3][4]. - If businesses do not correct their pricing behavior after warnings, regulatory authorities will conduct cost investigations and price supervision checks, taking legal action against violations [3][4]. Industry Self-Regulation - Industry associations are encouraged to promote self-regulation and guide businesses to maintain fair competition in accordance with relevant laws [4]. - NDRC and SAMR will closely monitor market price competition and implement credit regulation measures to penalize dishonest practices [4].