China's Ministry of Industry and Information Technology (MIIT), together with relevant departments of the National Development and Reform Commission (NDRC), the State Administration for Market Regulation (SAMR) and the National Energy Administration (NEA), jointly convened a symposium with enterprises in the power and energy storage battery industry to deploy work related to regulating competitive order in the sector. Representatives from the China Automotive Power Battery Industry Innovation Alliance, the China Battery Industry Association, and 16 key power and energy storage battery enterprises attended the meeting.Related NewsCMSI Rates Black Sesame Intelligent (02533.HK) Overweight as Results Meet Expectations with High Growth VisibilityThe meeting called for consolidating and deepening the results of efforts to regulate competitive order in the industry, leveraging inter-departmental coordination mechanisms, and continuing to advance capacity early-warning and regulatory measures, and addressing "disorderly external expansion of involution". The meeting also discussed a negative list of irrational competitive behaviors in the power and energy storage battery industry.
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