Four Departments Deploy Measures to Regulate Competition in the Battery Industry

[Policy Regulation] Four departments jointly convened a symposium to deploy actions addressing irrational competition in the power and energy storage battery sectors.

Core Developments: Strict Control Over Reckless Capacity Expansion and Price Undercutting

The meeting, chaired by Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology (MIIT), highlighted that reckless construction and cut-throat pricing currently prevalent in the industry are disrupting market order and undermining sustainable development capabilities.

Key Data Points: Strengthening Capacity Monitoring and Enforcement

Authorities will intensify price enforcement inspections, ensure production consistency, and enhance product quality supervision. They will also establish a robust capacity monitoring and tiered early-warning mechanism to guard against overcapacity risks.

Strategic Foundation: Promoting Quality-Based Pricing and Regional Coordination

Support will be provided to industry associations to guide enterprises in scientifically planning their investments and establishing a market order based on quality-driven pricing. Central-local coordination will be reinforced to strictly curb redundant construction and promote healthy, orderly industry development.