The General Administration of Market Regulation launches price compliance guidance for the photovoltaic industry

The Zhitong Finance App learned that on July 31, the General Administration of Market Supervision carried out price compliance guidance for the photovoltaic industry in Yancheng City, Jiangsu Province, implemented the decisions and arrangements of the Party Central Committee and the State Council to further rectify “internal rolling” competition, promoted the transformation of photovoltaic companies from “price competition” to “quality competition”, and promoted the high-quality development of the photovoltaic industry. The General Administration of Market Regulation emphasizes that photovoltaic companies should fully understand the current industry development situation, take the initiative to strengthen cost accounting management, establish and improve price compliance systems, carry out comprehensive self-inspection and self-examination, establish the concept of compliant management and rational competition, resist vicious low price competition, and maintain market price order. Leading enterprises should play an exemplary leading role, strictly regulate their own price behavior and competitive behavior, and set a benchmark for the industry. Industry associations should strengthen self-discipline in accordance with the law, promote the standards of the “General Cost Accounting Model for the Photovoltaic Industry”, and guide photovoltaic companies to prevent and stop the occurrence of price violations such as low price dumping.

The full text is as follows:

The General Administration of Market Regulation launches price compliance guidance for the photovoltaic industry

On July 31, the General Administration of Market Regulation carried out price compliance guidance for the photovoltaic industry in Yancheng City, Jiangsu Province, implemented the decisions and arrangements of the Party Central Committee and the State Council to further rectify “internal” competition, promoted the transformation of photovoltaic companies from “price competition” to “quality competition”, and promoted the high-quality development of the photovoltaic industry.

The General Administration of Market Regulation emphasizes that photovoltaic companies should fully understand the current industry development situation, take the initiative to strengthen cost accounting management, establish and improve price compliance systems, carry out comprehensive self-inspection and self-examination, establish the concept of compliant management and rational competition, resist vicious low price competition, and maintain market price order. Leading enterprises should play an exemplary leading role, strictly regulate their own price behavior and competitive behavior, and set a benchmark for the industry. Industry associations should strengthen self-discipline in accordance with the law, promote the standards of the “General Cost Accounting Model for the Photovoltaic Industry”, and guide photovoltaic companies to prevent and stop the occurrence of price violations such as low price dumping.

The General Administration of Market Regulation will adhere to regulatory standards and equal emphasis on promoting development, make good connections between enterprise cost accounting and price supervision and enforcement, and comprehensively use methods such as reminders, compliance interviews, and administrative guidance to guide photovoltaic companies to regulate price competition behavior. Business entities that respond strongly to the industry, seriously disrupt the market order, and remind interviews that have not been rectified will be dealt with seriously in accordance with the law.

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, Xinjiang, etc., as well as representatives of the China Photovoltaic Industry Association and 27 photovoltaic companies attended the event.

This article was selected from the WeChat account “The City Speaks New Words”; Zhitong Finance Editor: Huang Xiaodong.