B[State Administration for Market Regulation: Guide business entities to transform from "low-price involution" to "quality competition, value competition"] On September 18, the State Administration for Market Regulation held a special action promotion meeting to combat inferior quality and low prices on the 17th. The meeting emphasized that market regulatory authorities at all levels should effectively improve their political stance, deeply understand the new situation and new requirements faced by the crackdown on inferior quality and low prices, further strengthen law enforcement and case handling, deepen system governance, focus on publicity and guidance, improve long-term mechanisms, do a solid job in the second half of the article on combating inferior quality and low prices, guide business entities to transform from "low price involution" to "quality competition, value competition", and promote the formation of a market order of high quality, high price, and healthy competition.
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