
On the afternoon of June 5, the Ministry of Commerce held a regular press conference.
A reporter from Radio Hong Kong asked, "Zero-kilometer used cars" have been attracting market discussions recently. I want to know what the Ministry of Commerce thinks about the phenomenon of involution in the auto industry. Foreign media reported that the Ministry of Commerce convened a meeting with automakers including BYD to discuss the issue. Can you confirm the relevant news? If true, what message or request did the Ministry of Commerce express to the automakers?

He Yongqian, spokesperson of the Ministry of Commerce, said that the automobile industry is a strategic and pillar industry of the national economy and an important area for stabilizing growth and expanding consumption. In recent years, the Ministry of Commerce has implemented pilot projects such as car trade-in and car circulation and consumption reform to continuously release the potential of automobile consumption and cultivate new growth points for consumption.
Recently, relevant departments of the Ministry of Commerce organized seminars with industry associations, research institutions and related enterprises to listen to opinions and suggestions and study how to further improve automobile circulation and consumption.
In the next step, the Ministry of Commerce will work with relevant departments to continue to strengthen tracking and research on the automobile consumption market and policy guidance, promote the removal of bottlenecks that restrict automobile circulation and consumption, and better meet the diversified and personalized consumption needs of residents.
In response to the current "involutionary" competition phenomenon in the automobile industry, the Ministry of Commerce will actively cooperate with relevant departments to strengthen comprehensive rectification and compliance guidance, maintain fair competition market order, and promote the healthy development of the industry.