The Political Bureau of the Central Committee of the Communist Party of China Should Strengthen Industry Self-discipline and Prevent "Involution" Vicious Competition

2024-07-31 17:28:04

Political Bureau of the Central Committee of the Communist Party of China: Strengthen Industry Self-discipline and Prevent "Involution" Vicious Competition

At the meeting of the Political Bureau of

the Central Committee of the Communist Party of China on July 30, it was emphasized that in order to strengthen emerging industries and future industries, we should vigorously promote high-level scientific and technological self-reliance, strengthen key core technologies, and promote the transformation and upgrading of traditional industries. To effectively support the development of gazelle and unicorn enterprises, we should strengthen industry self-discipline and prevent "involution" vicious competition. We should strengthen the mechanism of market survival of the fittest and smooth the exit channels of backward and inefficient production capacity.

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Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.