Xinhua News Agency issued an article stating that it is important and urgent to enter a stage of high-quality development and form a market order with high quality, high prices, and healthy competition. Since the reform and opening up, the socialist market economy system has been continuously improved and perfected, effectively unleashing huge competitive vitality in the market. This is an important reason why China has mobilized the enthusiasm of all parties and created a miracle of rapid economic development. In recent years, some industries in China have experienced disorderly competition at low prices, and enterprises have blindly expanded production capacity and “roll prices.” Enterprise “internal rolling” competition reduces corporate profit margins, weakens innovation capacity and innovation motivation. It also reduces residents' income and government taxes, leading to low domestic price levels, which affects stable expectations, expansion of domestic demand, and smooth domestic circulation. Looking at the medium to long term, China has entered a stage of high-quality development, putting forward higher requirements for a perfect market system and an orderly competitive order. The “15th Five-Year Plan” period is a critical period of change in the driving force, quality, and efficiency of economic development. There is an urgent need to establish an incentive guide for “high quality, high price and victory”, guide enterprises to shift from “roll price” to “excellent value”, promote high-quality products and services to compete and win, and push enterprises to accelerate the formation of core competitive advantages such as technology, quality, and brand. This is also a “small incision” key measure to continuously promote industrial development, transformation and upgrading, accelerate progress towards the middle and upper end of the global value chain, enhance the endogenous motivation of domestic and international cycles, and promote healthy interaction between domestic and international dual cycles.

Xinhua News Agency issued an article stating that it is important and urgent to enter a stage of high-quality development and form a market order with high quality, high prices, and healthy competition. Since the reform and opening up, the socialist market economy system has been continuously improved and perfected, effectively unleashing huge competitive vitality in the market. This is an important reason why China has mobilized the enthusiasm of all parties and created a miracle of rapid economic development. In recent years, some industries in China have experienced disorderly competition at low prices, and enterprises have blindly expanded production capacity and “roll prices.” Enterprise “internal rolling” competition reduces corporate profit margins, weakens innovation capacity and innovation motivation. It also reduces residents' income and government taxes, leading to low domestic price levels, which affects stable expectations, expansion of domestic demand, and smooth domestic circulation. Looking at the medium to long term, China has entered a stage of high-quality development, putting forward higher requirements for a perfect market system and an orderly competitive order. The “15th Five-Year Plan” period is a critical period of change in the driving force, quality, and efficiency of economic development. There is an urgent need to establish an incentive guide for “high quality, high price and victory”, guide enterprises to shift from “roll price” to “excellent value”, promote high-quality products and services to compete and win, and push enterprises to accelerate the formation of core competitive advantages such as technology, quality, and brand. This is also a “small incision” key measure to continuously promote industrial development, transformation and upgrading, accelerate progress towards the middle and upper end of the global value chain, enhance the endogenous motivation of domestic and international cycles, and promote healthy interaction between domestic and international dual cycles.