Name: China targets price wars, pushes for quality-driven competition
Uploaded: 2026-09-22T17:51:29+08:00
Duration: PT52.709S
Description: China is stepping up market regulation under its 15th Five-Year Plan, with stronger oversight of competition, consumer protection, food and drug safety. Authorities say they will tackle destructive low-price competition and encourage businesses to compete

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China is stepping up market regulation under its 15th Five-Year Plan, with stronger oversight of competition, consumer protection, food and drug safety. Authorities say they will tackle destructive low-price competition and encourage businesses to compete on quality rather than price.

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