China's cabinet calls for curbing disorderly price competition

​The State ‌Council, China's cabinet, ​called for efforts ‌to regulate disorderly and low-price competition on Friday, ‌according to a meeting ‌readout aired by state television.

Authorities should step ⁠up ​price-related ⁠law enforcement and oversight and ⁠regulate price competition among ​online platforms to foster a ⁠fair and orderly ⁠market ​environment, officials said in the meeting, ⁠according to the readout.