As the Double 11 shopping festival approaches, the Beijing Municipal Development and Reform Commission has taken action to address rising prices in the logistics sector. On October 25, the commission issued the "Price Conduct Rules for the Beijing Express Industry (Trial)" to ensure transparency and fairness in pricing practices across the industry.
The new rules require express delivery companies to clearly mark commodity prices, service content, and service fees. They also prohibit collusion, price manipulation, and monopolistic behavior that could harm consumers or other businesses. The city and district-level price authorities will enforce these regulations, with penalties for violations. The rules are set to take effect immediately and will be tested for two years.
Industry experts believe this move will help stabilize the market and bring more reasonable pricing to consumers. The regulations explicitly state that companies cannot collude to manipulate prices, fabricate information, or artificially inflate costs. Additionally, companies with competitive relationships must avoid price monopoly agreements, while those with dominant market positions are prohibited from abusing their power to suppress competition or disrupt market order.
In mid-October, some major carriers like ZTO Express and Yunda Express announced price hikes, while others, including JD Logistics, Tianyou Express, and SF Express, stated they had no immediate plans for increases. This split has created a divide among companies, with some opting for strategic pricing adjustments.
According to data from the State Post Bureau, there were over 31 billion express deliveries in 2016. If the average cost per delivery increased by 0.5 yuan, it could lead to a market shift worth over 100 billion yuan. Zhao Xiaomin, an expert in the logistics industry, noted that the rules represent a significant step toward better regulation of the sector.
He emphasized that the rules promote a market-driven pricing model, where companies set prices based on operational costs and demand. By preventing unfair competition and abuse of market power, the regulations aim to foster a healthier and more transparent logistics environment. These guidelines are expected to be expanded nationwide, signaling a broader push for fairer practices in the industry.
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