Core Viewpoint - The competition among major players in the food delivery sector, namely Alibaba, JD.com, and Meituan, has escalated into a significant financial loss battle, with each company unwilling to back down despite substantial quarterly losses exceeding 10 billion yuan [1][5]. Financial Performance - Meituan reported a revenue of 95.5 billion yuan, with a mere 2% year-on-year growth, while its core food delivery business incurred a loss of 14.1 billion yuan [2]. - In contrast, Alibaba's food delivery losses are projected to exceed 36 billion yuan, significantly higher than Meituan's, with a revenue of 23 billion yuan [5]. - JD.com also faced challenges, with its new business segment, including food delivery, suffering a loss of 15.7 billion yuan [5]. Strategic Positioning - The three companies have different motivations for their losses: JD.com treats its food delivery venture as an experimental side project, while Alibaba initially hesitated but later decided to compete aggressively [7][9]. - For Meituan, food delivery is a core business essential for maintaining its ecosystem, justifying its willingness to incur substantial losses [9]. User Engagement and Market Dynamics - Despite high losses, Meituan has managed to retain a significant share of high-value customers, with over 66.7% of orders exceeding 15 yuan and over 70% for orders above 30 yuan [13]. - Meituan's user habits and operational efficiencies have strengthened its market position, with a 20% year-on-year increase in daily active users and over 800 million transaction users in the past year [15][18]. Operational Efficiency - Meituan's losses are comparatively lower than its competitors due to its established operational strengths, including optimized delivery routes and tight partnerships with merchants [16]. - The company's long-term operational strategies have created a more sustainable market barrier compared to short-term subsidy wars [18]. Market Outlook - With the subsidy war coming to a halt, the market is anticipating a rebound, particularly for Meituan, which has seen its stock price drop by 32%, indicating potential for recovery [21].

Group 1 - The core viewpoint of the article emphasizes the need to deepen the construction of a unified national market to optimize market competition and lay a solid institutional foundation for high-quality economic development [1] - The current market faces issues such as local trade protection, high industry entry barriers, and household registration system restrictions, which hinder the free flow of goods and factors [1] - To improve market economic efficiency and release scale effects and division of labor dividends, it is essential to eliminate these barriers [1] Group 2 - The article discusses the importance of regulating "disorderly competition" among enterprises, suggesting that a clear definition of "disorderly competition" is necessary to avoid a one-size-fits-all approach in governance [1] - It is recommended to refine rules to distinguish between legitimate and malicious competition, aiming to curb disruptive market behaviors while protecting corporate innovation vitality [1] - In terms of capacity governance, addressing excess capacity and reducing low-level competition is crucial for stabilizing macroeconomic conditions and promoting high-quality industry development [2] Group 3 - The article highlights the need for standardized policies to regulate local government investment attraction behaviors, as excessive competition among local governments can burden finances and disrupt fair market conditions [2] - Establishing a unified policy benchmark is necessary to prevent local governments from engaging in harmful competition through "policy lowlands," ensuring that all enterprises compete on an equal footing [2] - Emphasizing the importance of the "two unwavering" principles, the article suggests that enhancing the operational confidence of private enterprises is vital for current economic development [2]

Core Viewpoint - The call to revoke ICP licenses for apps that do not support HarmonyOS NEXT is seen as an abuse of power and lacks legal basis, potentially harming user rights and the development of HarmonyOS NEXT itself [5]. Legal and Regulatory Issues - The legal basis for ICP licenses pertains to information service qualifications in China, focusing on content safety, network security, and user personal information protection. The demand to revoke licenses based on OS support does not align with these core regulatory goals, indicating a clear misuse of authority [5]. - This request improperly shifts the responsibility of app store reviews and OS ecosystem development onto the regulatory bodies responsible for ICP licensing, representing a significant functional misalignment [5]. Impact on User Rights - Reduced App Choices: The potential exit of many popular international apps or small apps unable to adapt could severely limit user options in the Chinese market [5]. - Decreased User Experience: Mandatory adaptation may lead to poorly optimized, incomplete, or outdated versions of apps for HarmonyOS NEXT, ultimately harming user experience [5]. - Cost Transfer: Increased adaptation costs for developers may be passed on to users through higher service prices or increased advertising [5]. Potential Negative Effects on HarmonyOS NEXT Development - Reputation Damage: Relying on administrative coercion rather than technical strength and ecosystem appeal could harm the domestic and international reputation of HarmonyOS, creating a negative perception of being "closed" and "coercive," which is detrimental to its global development [5]. - Concealment of Real Issues: Coercive measures may obscure genuine problems within HarmonyOS NEXT regarding developer tools, development experience, profitability models, and cross-platform compatibility, hindering its self-improvement through market competition [5]. Adverse International Impact - Such actions may be viewed by the international community as serious market barriers and trade protectionism, damaging China's image as a proponent of an open business environment and potentially leading to unnecessary trade friction and diplomatic disputes [5].