Core Viewpoint - The Chinese automotive industry is facing challenges due to "involutionary price wars," prompting the China Association of Automobile Manufacturers (CAAM) to advocate for fair competition and sustainable development in the sector [1][2][3]. Group 1: Industry Response - The Ministry of Industry and Information Technology (MIIT) supports CAAM's initiative, emphasizing that price wars disrupt normal operations and threaten the industry's sustainable growth [2][3]. - Industry leaders agree on the need to compete on technology, quality, and service rather than price, highlighting a shift in focus towards value creation [4][5]. Group 2: CAAM's Four Proposals - All enterprises must adhere to fair competition principles and operate within legal frameworks [6]. - Dominant companies should not monopolize the market or harm the survival space of other entities [6]. - Companies should avoid selling below cost and misleading consumers, which disrupts market order and harms industry and consumer interests [6]. - Enterprises are encouraged to conduct self-assessments and rectify any issues in accordance with national laws and regulations [6].