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On October 20, the State Council Information Office convened a press conference to provide an overview of the industry and information technology sector's performance in the first three quarters of 2026. Wang Weiming, the Chief Engineer at the Ministry of Industry and Information Technology, highlighted that during this period, in a bid to curb irrational competition within key industries, a strategic blend of market-driven and regulatory approaches was implemented to uphold a just and robust market competition environment. Collective endeavors have yielded notable results, with a significant reduction observed in the reliance on electronic payment vouchers for accounts payable within the automotive industry. Additionally, the pricing of mainstream domestic photovoltaic modules has achieved a state of stability.
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