National Development and Reform Commission: Governing Low-price and Disorderly Competition of Enterprises in Accordance with Laws and Regulations

2026-01-23 11:17:30

Wang Changlin introduced that at present, the problem of insufficient demand in China's economic development is more prominent, but there are also problems of insufficient supply. Supply has reached the stage from "yes or no" to "good or bad", and some of them have great demand, but the supply can not be met. In view of these problems, we must resolutely implement the spirit of the Central Economic Work Conference, expand domestic demand, optimize supply, promote the dynamic balance and virtuous circle of supply and demand at a higher level, and promote the formation of more economic development models led by domestic demand, driven by consumption and endogenous growth.

At a recent press conference held by

the State Council Information Office, Wang Changlin, deputy director of the National Development and Reform Commission, introduced the implementation of the spirit of the Central Economic Work Conference and the promotion of a good start of the 15th Five-Year Plan, and answered questions from reporters.

Wang Changlin introduced that at present, the problem of insufficient demand in China's economic development is more prominent, but there are also problems of insufficient supply. Supply has reached the stage from "yes or no" to "good or bad", and some of them have great demand, but the supply can not be met. In view of these problems, we must resolutely implement the spirit of the Central Economic Work Conference, expand domestic demand, optimize supply, promote the dynamic balance and virtuous circle of supply and demand at a higher level, and promote the formation of more economic development models led by domestic demand, driven by consumption and endogenous growth.

The key point of expanding domestic demand

in

an all-round way is to adapt to the trend of demand upgrading, combine with the needs of a new round of scientific and technological revolution and industrial transformation, study and formulate the implementation plan of the strategy of expanding domestic demand from 2026 to 2030. To provide strong innovative measures and factor guarantee for new demand to lead new supply and create new demand with new supply, and strive to achieve mutual promotion and circular upgrading of supply and demand.

Accelerating the construction of a modern industrial system

and the real economy is the foundation of China's economic development. To meet the needs of industrial transformation and upgrading, we should constantly promote new supply and new jobs through innovation.

We should adhere to the direction of intellectualization, greening and integration, promote the upgrading of key industries, vigorously cultivate and strengthen new industries and future industries, and carry out in-depth "artificial intelligence plus" action.

We should give full play to the benchmarking role of the national venture capital fund industry, study the establishment of national M & a funds, strengthen the layout planning and investment guidance of government investment funds, promote innovation and entrepreneurship creation, and accelerate the cultivation and development of new quality productive forces.

To fully stimulate the vitality

of the market, the key point is to comprehensively rectify the "involution" competition and realize the transformation from volume price to excellent value.

We should improve market access, fair competition, capacity withdrawal and other mechanisms, strengthen capacity regulation and control, and actively resolve the phased contradiction between supply and demand.

We will further refine the boundaries of local investment incentives and prohibitions, and standardize local economic promotion.

We will strengthen price supervision in key industries, govern low-price and disorderly competition among enterprises in accordance with the law and regulations, and form a market order of high quality, high price and benign competition.

Vigorously implement the quality brand strategy and guide the cracking of "involution" competition. Zhou Chen, Director of the National Economic Integration Department of

the National Development and Reform Commission, said that looking forward to 2026, China's economic structure will continue to improve, the momentum of development will continue to improve, and the overall development trend will continue to improve. From the point of view, new technologies, new products and new scenarios will prevail. At present, the National Development and Reform Commission is planning to promote a number of landmark and leading major projects of high-tech industries during the "15th Five-Year Plan" period.

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Correlation

Wang Changlin introduced that at present, the problem of insufficient demand in China's economic development is more prominent, but there are also problems of insufficient supply. Supply has reached the stage from "yes or no" to "good or bad", and some of them have great demand, but the supply can not be met. In view of these problems, we must resolutely implement the spirit of the Central Economic Work Conference, expand domestic demand, optimize supply, promote the dynamic balance and virtuous circle of supply and demand at a higher level, and promote the formation of more economic development models led by domestic demand, driven by consumption and endogenous growth.

2026-01-23 11:17:30