The Global Network Technology Report highlights that the Double 11 shopping festival is just around the corner. In response to growing concerns over price hikes before the annual shopping frenzy, the Beijing Municipal Development and Reform Commission recently issued new regulations aimed at controlling express delivery pricing.
On October 25, the commission released the "Notice on the Price Conduct Rules of the Beijing Express Industry (Trial)"—a significant step in ensuring transparency and fairness in the logistics sector. The rules require express companies to clearly display commodity prices, service contents, and service charges. They also strictly prohibit collusion, price manipulation, and market monopolization. Violations will result in administrative penalties from both district and municipal price authorities. These guidelines are set to be implemented immediately and will undergo a two-year trial period.
Industry experts believe these regulations could bring much-needed stability to the market, ensuring more reasonable pricing for consumers. The notice explicitly states that no express company should collude with others to manipulate prices, harm competitors, or mislead consumers by spreading false information about price changes. Additionally, companies with competitive relationships must avoid price monopoly agreements, while those with dominant market positions cannot abuse their power to suppress competition.
In early October, major players like ZTO Express and Yunda Express announced price increases, while JD Logistics, Tianyou Express, and SF Express claimed they had not raised prices yet, creating a split among industry leaders. According to data from the State Post Bureau, there were 31.28 billion express deliveries in 2016. A mere 0.5 yuan increase per order could lead to a massive shift in the market, potentially affecting billions of yuan in revenue.
Zhao Xiaomin, an expert in the logistics field, noted that the new rules serve as an effective regulatory tool for the express delivery industry. He expects similar policies to be adopted nationwide in the future. Previously, price wars among logistics companies were common, but the new regulations emphasize that pricing should be determined by market forces, based on operational costs and demand. Companies are also reminded not to exploit their dominant position to eliminate fair competition.
As the Double 11 approaches, these new measures signal a move toward greater accountability and transparency in the logistics sector, which could ultimately benefit both businesses and consumers.
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