www.pengnuochemical.com
Shijiazhuang PengNuo Technology Co., Ltd
On May 20, at a press conference held by the National Development and Reform Commission (NDRC), Li Chao, Deputy Director of the NDRC Policy Research Office and spokesperson, stated that the Chinese economy is currently in a period of transitioning between old and new growth drivers, with emerging industries, business forms, and models flourishing while traditional industries accelerate their transformation and upgrading. During this process, certain industries have indeed encountered structural issues, including blind follow-the-trend investments and failure to keep pace with technological advancements.
“Some companies are trapped in ‘involution-style’ competition, resorting to low prices, ultra-low prices, or even selling below cost, while others engage in counterfeiting or passing off inferior products as genuine. These practices cross the boundaries and bottom lines of market competition, distort market mechanisms, disrupt fair competition order, and must be rectified,” Li Chao said.
How to address “involution-style” competition? Li Chao emphasized that the NDRC, in collaboration with relevant parties, will tailor measures to the root causes of the problems, addressing both symptoms and root causes to resolve structural contradictions in key industries, thereby promoting healthy development and quality upgrades.
Uphold Innovation Leadership: Accelerate industrial transformation and upgrading.
Strengthen Local Constraints: Intensify efforts to eliminate local protectionism and market fragmentation.
Optimize Industrial Layout: Curb the unchecked expansion of outdated production capacity.
Enhance Market Regulation: Purify the competitive ecosystem of the market.
Facing the challenges of this transitional period for the economy, our company is actively seeking strategies to respond:
Focus on Technological Innovation
Increase R&D investment and expand into emerging fields such as artificial intelligence and green manufacturing to avoid low-level competition through technological iteration.
Optimize Investment Layout
Avoid blind follow-the-trend investments and adjust production capacity structures in line with the “Two New” policies (equipment upgrades/replacement of old with new).
Standardize Market Competition
Eliminate involution practices such as predatory pricing and passing off inferior products, and enhance competitiveness through differentiated products and brand building.
Expand Diversified Markets
Seize opportunities under the “Belt and Road” initiative to develop emerging export markets like ASEAN and Central Asia, reducing reliance on single-market risks.
Our company has launched new products:
2-Methoxynaphthalene CAS：93-04-9
Lanthanum(III) Chloride CAS：10099-58-8
Lanthanum Chloride Heptahydrate CAS： 10025-84-0
Post time: Jun-04-2025