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On July 16, Li Qiang presided over an executive meeting of the State Council, focusing on the competitive dynamics within the new energy vehicle industry. The meeting highlighted the importance of fostering high-quality development in this sector by implementing comprehensive strategies to address irrational competition. Key actions outlined include intensifying cost investigations, strengthening price monitoring, enhancing product consistency oversight, and urging automakers to adhere strictly to their payment term commitments. Furthermore, the meeting proposed establishing a sustainable mechanism to reinforce industry self-regulation, leveraging the guiding force of standards, and encouraging enterprises to elevate their competitiveness through technological innovation and quality enhancement.
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