Healthier NEV sector high on govt agenda

New moves in place to address woes brought up by disorderly competition

With stronger efforts to rein in disorderly competition among new energy vehicle makers, the sector is expected to further stabilize and prosper, experts said, citing a series of high-level meetings and regulatory moves that had taken place recently to foster fairer market practices and ensure the sector's high-quality and sustainable development.

The State Council's executive meeting on July 16 called for promoting high-quality development of the NEV sector while taking concrete steps to regulate competition among market participants. The next day, the central government held a symposium addressing irrational industry practices.

On Friday, the Ministry of Industry and Information Technology, the National Development and Reform Commission and the State Administration for Market Regulation jointly convened an industry meeting to further advance the campaign for restoring orderly competition.