The General Administration of Market Regulation launches compliance guidance to regulate the price competition order in the photovoltaic industry

The Zhitong Finance App learned that on December 26, the General Administration of Market Supervision carried out price competition order compliance guidance for the photovoltaic industry in Hefei, Anhui. The General Administration of Market Regulation reported on price violations and risks in the photovoltaic industry, stressing that the entire industry should fully understand the importance of rectifying “internal rolling” competition in the photovoltaic industry. Industry associations should effectively perform self-regulatory functions, guide enterprises to achieve a win-win situation through innovation and upgrading, quality optimization and service upgrades, and jointly promote the formation of a healthy, orderly and sustainable industry ecosystem. The General Administration of Market Regulation will strictly investigate and punish illegal acts through measures such as strengthening product quality supervision and strengthening price and anti-unfair competition enforcement, effectively maintain a fair competition order in the market, and promote the standardized, healthy and sustainable development of the photovoltaic industry.

The original text is as follows:

The General Administration of Market Regulation launches compliance guidance to regulate the price competition order in the photovoltaic industry

On December 26, the General Administration of Market Regulation launched price competition order compliance guidance for the photovoltaic industry in Hefei, Anhui.

The General Administration of Market Regulation reported on price violations and risks in the photovoltaic industry, and pointed out that “internal rolling” competition practices such as low quality competition and repeated homogenization of construction currently exist in the photovoltaic industry, causing enterprises to generally face profit difficulties, distorting market resource allocation, inhibiting the willingness of enterprises to invest in technological innovation and product upgrades, and forming a “bad money drives out good money” effect.

The General Administration of Market Regulation emphasized that the entire industry should fully understand the importance of rectifying “internal rolling” competition in the photovoltaic industry. Photovoltaic companies must carry out production and operation according to law and regulations, strictly prohibit unfair price acts such as price collusion and price fraud; resolutely put an end to unfair competition such as false publicity and commercial bribery. Power generation companies should effectively assume their responsibilities, insist on high quality and high prices in PV project tenders, and strengthen product quality requirements. Industry associations should effectively perform self-regulatory functions, guide enterprises to achieve a win-win situation through innovation and upgrading, quality optimization and service upgrades, and jointly promote the formation of a healthy, orderly and sustainable industry ecosystem.

The General Administration of Market Regulation will strictly investigate and punish illegal acts through measures such as strengthening product quality supervision and strengthening price and anti-unfair competition enforcement, effectively maintain a fair competition order in the market, and promote the standardized, healthy and sustainable development of the photovoltaic industry.

Comrades from relevant departments and bureaus of the General Administration of Market Supervision, the National Development and Reform Commission, the Ministry of Industry and Information Technology, and the Ministry of Commerce, comrades from market supervision departments in Jiangsu, Zhejiang, Anhui, Qinghai, etc., as well as representatives of power generation groups, photovoltaic companies, and industry associations attended the event.

This article was selected from the “The City Speaks New Words” official account, Zhitong Finance Editor: Jiang Yuanhua.