CHINA STATE PLANNER and the State Administration for Market Regulation issued a
notice on cost accounting for low‑price, disorderly competition in key
industrial goods. They will issue reminders/warnings to operators suspected of
such conduct and, if necessary, organize cost investigations to calculate the
operators’ related costs. Cost accounting should be based on an operator’s
product‑level (individual) costs; where individual costs cannot be calculated,
authorities will reference industry‑average costs and apply a downward
adjustment when estimating costs.
