China
2026.09.22 17:51 GMT+8
China targets price wars, pushes for quality-driven competition
Updated 2026.09.22 17:51 GMT+8
CGTN
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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