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China Cracks Down on "Disorderly" Price Competition

10/10/2025

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Story summary
  • China is addressing "disorderly" price competition, as announced by the National Development and Reform Commission (NDRC) and the State Administration for Market Regulation (SAMR).
  • The agencies released a policy paper outlining measures to curb detrimental price wars by evaluating average production costs and guiding companies on reasonable pricing.
  • Regulators will warn businesses suspected of price wars and may conduct investigations, with legal action for violations of pricing laws.
  • This initiative aims to promote healthy economic development and enhance product quality and safety.