Workers operate at a workshop of a lithium battery company in Zaozhuang, East China's Shandong province, Jan 3, 2024. [Photo/Xinhua] The Central Economic Work Conference, which concluded last week, ...

The central authorities recently urged governments of various levels to take necessary measures to prompt industries to strengthen self-discipline and prevent vicious "involutionary" competition.

China Energy Storage Alliance (CNESA) organized a closed-door seminar in Beijing on Thursday to address involution-style competition in the new energy storage sector, with participation from nearly 30 ...

China has signalled its plans to up the ante in its fight to stamp out the excessive, cutthroat competition plaguing its economy, with the issue becoming a focus at one of the country’s most important ...

China's State Administration for Market Regulation (SAMR) summoned platform companies, including BABA-W (09988.HK), Douyin, BIDU-SW (09888.HK), TENCENT (00700.HK), JD-SW (09618.HK), MEITUAN-W ...

In response to the phenomenon of “involutionary” competition in China's auto industry, He Yongqian, the spokesperson of the Ministry of Commerce of the People's... In response to the phenomenon of ...

In addressing the price wars plaguing many industries in China, the country’s top leadership has resorted to a phrase rarely seen at a high-level meeting, saying that enterprises’ “disorderly ...

When firms raise prices, “gouging” their customers, many governments complain. Some cannot resist intervening. But in today’s China, the opposite is happening. In May the state reprimanded carmakers ...

Instead of being a story of evolution and technological development, the story of China and EVs is one of “involution.” The Chinese economy suffers from an excess of competition. Too many products are ...