On October 9, the State Development and Reform Commission and the General Administration of Market Supervision issued the Notice on Governing Price Disorderly Competition and Maintaining Good Market Price Order, which released a clear signal of efforts to maintain a fair and orderly competitive market environment. According to the existing laws and regulations, and in accordance with the idea of combining pre-guidance with post-event supervision,
the Bulletin will take a number of governance measures, such as warning, supervision and law enforcement, and punishment for dishonesty, to standardize price behavior and maintain a good market price order.
Among them, the operators suspected of disorderly price competition are reminded and warned to consciously regulate price behavior and strictly abide by the bottom line of price competition. Operators who have not yet standardized their price behavior after warning should be given special attention , and cost investigation and price supervision and inspection should be carried out when necessary. Investigate and punish according to law. Relevant departments give full play to the role of credit supervision and implement punishment for dishonesty in accordance with the law and regulations .
1. For commodities and services with market-adjusted prices, operators shall, in accordance with the provisions of the Price Law of the People's Republic of China, abide by the principles of fairness, legality and good faith, take the cost of production and operation and the situation of market supply and demand as the basic basis, exercise their independent pricing power according to law, consciously maintain the order of market prices and maintain market prices. Jointly create a market environment of fair competition and orderly competition.
2. Under the guidance of the State Development and Reform Commission, the General Administration of Market Supervision and the competent departments of the industry, relevant institutions such as trade associations may investigate and evaluate the average cost of the industry in key industries with prominent problems of disorderly price competition. It provides a reference for operators to make reasonable pricing.
3. Development, reform and market supervision departments should strengthen policy publicity and implementation in conjunction with industry authorities, prompt operators to operate in accordance with the law and regulations, and improve product quality and service level. Operators suspected of disorderly price competition are reminded and warned to consciously regulate price behavior and strictly abide by the bottom line of price competition.
Fourth, the development and reform departments and the market supervision departments should pay more attention to the operators who have not yet regulated the price behavior after warning. If necessary, cost investigation and price supervision and inspection shall be carried out , and if price violations are found, they shall be investigated and dealt with according to law.
5. Operators shall strictly abide by the provisions of the Law of the People's Republic of China on Tendering and Bidding and the Regulations on the Implementation of the Law of the People's Republic of China on Tendering and Bidding, consciously standardize the conduct of tendering and bidding, and shall not bid at a price lower than cost, so as to ensure the quality of products and services.
6. Trade associations shall strictly abide by the provisions of the Price Law of the People's Republic of China and the Anti-monopoly Law of the People's Republic of China, promote industry self-discipline and guide operators to jointly maintain fair competition order in the industry.
7. The State Development and Reform Commission and the General Administration of Market Supervision will work closely with relevant departments to monitor market price competition and maintain price order in key areas. Give full play to the role of credit supervision and implement punishment for dishonesty in accordance with the law and regulations. The General Administration of
Market Supervision of the State
Development and Reform Commission
on September 28
, 2025. On the same day, the responsible comrades of the National Development and Reform Commission answered reporters'questions on the Announcement on Governing Price Disorderly Competition and Maintaining Good Market Price Order.
Among them, the relevant comrades of the Development and Reform Commission introduced the requirements of the Announcement for regulating the bidding behavior of operators, and the existing laws and regulations clearly stipulated the bidding behavior of operators around regulating price competition in the field of bidding.
For example, the Tendering and Bidding Law stipulates that bidders shall not bid at a price below the cost; The Regulations for the Implementation of the Tendering and Bidding Law stipulate that if the bid price is lower than cost, the bid evaluation committee shall reject the bid . In view of the problem of low-price and low-quality bidding in some industries, the Announcement requires operators to strictly abide by the provisions of the Law on Tendering and Bidding and the Regulations on the Implementation of the Law on Tendering and Bidding, consciously standardize the conduct of tendering and bidding, and not bid at a price below the cost, so as to ensure the quality of products and services. It should be noted that the cost here refers to the operator's own cost. If the operator's bid price is lower than average cost of the industry but higher than its own cost, it is not a bid that should be rejected.