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Live Updates  >  Live Update Details

2025-07-28 16:48:58

[Guangdong Paper Industry Association releases the first "anti-involution" initiative in China] ⑴ The Guangdong Paper Industry Association recently released the first "anti-involution" initiative in China, aiming to promote high-quality development of the industry. ⑵ The core content of the initiative is to call on the entire industry to resolutely resist low-price disorderly competition and maintain fair market order. ⑶ The initiative clearly requires the elimination of dumping below cost and opposes the use of unfair means to obtain subsidies or seize market share. ⑷ The association encourages companies to conduct independent and transparent pricing based on real costs, reasonable profits and service standards. ⑸ This move is aimed at protecting the profit margins of the entire industry and avoiding excessive competition that will damage the value of the industry. ⑹ The introduction of this initiative may indicate that the long-standing "price war" pattern in the paper industry will usher in a turning point. ⑺ The market's response and the company's execution strength will determine whether this initiative can truly change the industry ecology.

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