Big announcement! The National Development and Reform Commission and the General Administration of Market Supervision jointly manage disorderly price competition!

On October 9, the website of the National Development and Reform Commission issued the Announcement on Governing Price Disorderly Competition and Maintaining Good Market Price Order.

Price competition is one of the important ways of market competition, but disorderly competition will have a negative impact on industry development, product innovation, quality and safety, which is not conducive to the healthy development of the national economy. In order to standardize market price behavior, maintain good market price order and promote high-quality development, the following announcements are made on relevant matters.

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. For key industries with prominent problems of disorderly price competition, trade associations and other relevant institutions, under the guidance of the National Development and Reform Commission, the General Administration of Market Supervision and the competent departments of the industry, can investigate and evaluate the average cost of the industry and provide 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.

4. The development, reform and market supervision departments shall pay special attention to the operators who have not yet standardized their price behavior after warning, carry out cost investigation and price supervision and inspection when necessary, and investigate and punish those who have found price violations 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. General Administration of

Market Supervision,

National Development and Reform Commission

, September 28