Economic Daily: Governing the phenomenon of "internal competition" does not mean avoiding competition.

date
20/09/2025
Governance of "internal-cycling" competition requires multiple measures and comprehensive solutions to build a market environment where "effective market + proactive government" work together effectively. It should complement the optimization of the business environment and transform the competition mode. It requires comprehensive rectification and coordinated efforts to establish a long-term mechanism conducive to promoting fair competition. It should be pointed out that governance of "internal-cycling" competition does not mean stopping competition, but encouraging fair and rational competition. By creating a good competition ecology and sustainable development environment, guiding business entities to abandon the old path of extensive development such as price wars, and firmly taking the new path of innovative development, the transformation from "internal-cycling" to "cooperative competition" can be achieved, and jointly promote high-quality development of the Chinese economy.