"Qiushi" Commentary Article: How to Deeply Rectify the "Involution" Competition in Manufacturing Industry

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The article in "Qiushi" points out that to deeply rectify "involution-style" competition, it is necessary to promote the quality and upgrade of competition through institutional innovation. When government actions are standardized and market mechanisms are streamlined, enterprises can shift from low-price disorderly competition to value-based competition. We should break down market segmentation through the construction of a unified national market, resolutely eliminate policies that hinder fair competition, promote the lawful and orderly exit of outdated production capacity, prevent "bad money driving out good," and enable leading enterprises to access resources that match their competitiveness. By reforming performance evaluations to correct government behavior, shift the focus of assessments toward "quality" indicators such as development quality, technological innovation, and industrial collaboration, and align local government incentives with high-quality development, we can curb homogeneous investment impulses from the source. Through reforming evaluation mechanisms to standardize competitive behavior, reverse the tendency of "price-only" focus, and establish a comprehensive evaluation system centered on technology, quality, and service, high-quality and high-price products will become a market consensus, guiding resources toward enterprises with strong innovation capabilities and high product added value.
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