In fostering high-quality development of the private economy, China’s National Development and Reform Commission (NDRC) established a regular communication mechanism with private-owned enterprise (POEs), holding 17 symposiums and face-to-face exchanges with nearly 80 POEs, according to CCTV, citing the NDRC press conference. Regarding the “involution” competition issue that enterprises are broadly concerned about, measures such as amending laws, introducing policies, refining standards, and strengthening industry self-discipline are being coordinated.Related NewsCLSA Keeps JD-SW (09618.HK) TP at US$41, Rating OutperformBABA-W (09988.HK) +1.200 (+1.037%) Short selling $662.20M; Ratio 7.482% (BABA.US) subsidiaries Taobao Instant Commerce and Ele.me, MEITUAN-W (03690.HK) +0.600 (+0.493%) Short selling $1.89B; Ratio 27.601% (MPNGY.US) , and JD-SW (09618.HK) -0.200 (-0.163%) Short selling $256.67M; Ratio 14.094% (JD.US) each issued statements today (1st), calling for a boycott of disorderly competition, not selling goods and services at sharply below cost prices, and resolutely barring unfair competition and resisting malicious competition. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)