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The State Administration for Market Regulation held a symposium to thoroughly address "involution-style" competition, with participants including CATL, BYD, Chery, Didi, Meituan, and others.
On March 26, the State Administration for Market Regulation held the first corporate fair competition symposium of 2026, focusing on the theme of “regulating corporate competitive behavior and building a healthy competitive ecosystem for enterprises going abroad,” engaging in in-depth discussions with relevant leaders from companies such as China Minmetals Corporation, China State Construction Engineering, CATL, BYD, Chery Automobile, Didi, and Meituan, and gathering opinions and suggestions. Meng Yang, a member of the General Administration’s Party Leadership Group and Deputy Director, attended the meeting and spoke.
Meng Yang introduced the work carried out by the General Administration in maintaining fair market competition and supporting enterprises in cultivating new competitive advantages. He emphasized that the General Administration will resolutely implement the decisions and deployments of the Party Central Committee and the State Council, strengthen antitrust regulatory enforcement, enhance corporate compliance guidance, thoroughly rectify “involution” competition, deepen institutional opening in the field of competition, and support enterprises to expand into international markets and achieve high-quality development with greater efforts.
Wang Tieh-Han, the General Director of Antitrust at the General Administration, and the main responsible comrades from relevant departments and units attended the meeting.
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Editor: Chang Fuqiang