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Live Updates  >  Live Update Details

2025-07-28 17:24:27

[Guangdong Paper Industry Releases "Anti-involution" Initiative to Promote High-quality Development of the Industry] ⑴ The Guangdong Paper Industry Association issued an initiative to put an end to below-cost dumping and resist unfair competition. ⑵ Encourage enterprises to set prices based on real costs, reasonable profits and market supply and demand to ensure the overall value space of the industry. ⑶ It is recommended to carefully assess market capacity, avoid blindly expanding homogeneous and low-end production capacity, and increase investment in technological transformation. ⑷ It is recommended to accelerate the elimination of high-energy-consuming equipment, adopt automated digital technology, and reasonably apply for technical transformation funding subsidies.

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