Core Viewpoint - The article emphasizes the need for leading enterprises in the manufacturing industry to play a guiding role in alleviating supply chain pressures and fostering collaboration with small and medium-sized enterprises (SMEs) to expand value rather than engaging in zero-sum competition [1][5]. Regulatory Framework - The Chinese government has been progressively establishing laws and regulations to protect the interests of weaker SMEs, starting with the "Made in China 2025" initiative in 2015, which aimed to promote collaboration between large and small enterprises through various means [2][3]. - The "Regulations on Guaranteeing Payment to SMEs," introduced in July 2020, aims to ensure timely payments to SMEs by regulating payment terms and establishing complaint mechanisms [2][3]. - Recent amendments to the payment regulations, effective from June 1, 2025, include stricter payment behavior norms and clarify payment obligations, such as prohibiting the forced acceptance of non-cash payment methods that extend payment terms [3][4]. Role of Leading Enterprises - Leading enterprises in the manufacturing sector are encouraged to shift from price competition to a focus on high-quality products to enhance their competitiveness and influence [5][6]. - The article highlights the detrimental effects of cost-cutting strategies on suppliers, which can lead to a cycle of low-quality outputs and hinder innovation [6][7]. - It advocates for a transformation towards a "high quality + strong brand" model, where leading enterprises invest in R&D, establish unique brand identities, and adhere to international quality standards to improve their global competitiveness [7]. Collaborative Ecosystem - The article stresses the importance of building long-term trust-based relationships between leading enterprises and suppliers, promoting a collaborative ecosystem that enhances product quality and supply chain resilience [7]. - It suggests that a new type of supply chain relationship, characterized by shared resources and risks, can lead to mutual benefits and drive industry upgrades, ultimately creating a more competitive ecosystem [7].