Core Viewpoint - The recent draft amendment to the pricing law aims to strengthen the regulation of unfair price competition, particularly addressing the escalating issue of price internalization, and clarifying the legal responsibilities for behaviors such as low-price dumping and price fraud [1] Group 1: Regulatory Framework - The revision of the pricing law injects stronger legal power to regulate market order and is a targeted response to issues like local protectionism and administrative monopolies that hinder the formation of a unified national market [1][2] - The existing legal framework, including anti-monopoly and anti-unfair competition laws, has weaknesses in execution, particularly in local protection and administrative monopolies [1] Group 2: Key Directions for Improvement - The first key direction is to curb vicious low-price competition, where some companies engage in dumping below cost, leading to a detrimental cycle of price wars, profit shrinkage, halted R&D, and declining quality [2] - The second direction is to break local protection barriers, as some local governments create conditions that effectively block market access for non-local enterprises, undermining the efficiency of resource allocation in a unified national market [2] - The third direction focuses on combating industry monopolies, with the draft explicitly prohibiting practices that force other operators to sell below cost, signaling a shift towards competition that emphasizes efficiency and technological breakthroughs rather than zero-sum games [2] Group 3: Shift in Competitive Dynamics - With the legal framework clarifying the boundaries for market competition, companies are prompted to shift their focus from "whether to compete" to "how to compete," moving from price internalization to innovation breakthroughs [2] - The core function of the pricing law revision is to correct distortions, while the fundamental solution to internalization lies in transitioning industries from low-end competition to high-quality development [2]

Group 1 - The central government emphasizes stabilizing employment, enterprises, markets, and expectations to respond to external uncertainties with high-quality development, marking the first mention of "stabilizing enterprises" [1] - Foreign trade enterprises are facing order losses and inventory pressure due to tariff impacts, prompting local governments to assist these companies in finding new sales channels [1][19] - In Guangdong, a "foreign trade to domestic sales" matchmaking event was organized, where many companies arrived early to seek cooperation partners [1][3] Group 2 - Retailers are directly placing orders and providing comprehensive services from warehousing to distribution for these products, leading to ongoing networking among companies after the event [3] - In Shandong, local authorities are helping enterprises expand into global markets by organizing overseas trade negotiations and exhibitions [7] - The vice president of Dishang Group reported over a 10% increase in orders from European and Japanese markets compared to the previous year, supported by local government initiatives [9] Group 3 - A survey indicated that over 60% of small and medium-sized enterprises in China reported a lack of orders as their biggest challenge in April [12] - In Zhengzhou, a "one-on-one" resource linking service was launched to help enterprises connect with upstream and downstream markets [14][16] - The Ministry of Industry and Information Technology is collaborating with 16 departments to implement 73 specific service measures to address issues like insufficient orders [18] Group 4 - Financial support is being provided to help foreign trade enterprises find sales channels, with various regions injecting "financial vitality" into businesses [19] - In Mianyang, a lithium-ion battery manufacturer received a special loan to alleviate short-term financial pressures, allowing them to stabilize production and expand market reach [21][23] - In Suzhou, a 2 billion yuan fund was established to assist enterprises in overcoming liquidity challenges and loan repayment pressures [29][31] Group 5 - Local governments are facilitating innovation and development by connecting enterprises with research teams and universities to overcome technical challenges [38][40] - In Hefei, a technology demand list was released to promote collaboration between enterprises and research institutions, enhancing innovation and industry synergy [42] - The Ministry of Industry and Information Technology is building a national service network for small and medium-sized enterprises, supporting over 100,000 companies with digital transformation initiatives [50]