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From steel to EVs, China is cracking down on excessive competition and price wars as policymakers push industries toward innovation, value creation and sustainable growth

China's auto sector, especially new-energy vehicles, is taking action to curb the price wars that have greatly impacted the industry for a shift toward value-driven development

The most recent round of centralized drug procurement aims to eliminate cutthroat price competition in the sector, and bring the focus back to quality products

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The US is losing its crown as the most popular destination for Chinese students, who are looking to Europe, Asia and the Middle East for value for money, better visa policies and post-graduate job opportunities

A foreign degree is no longer a unique advantage for returned graduates, as employers place greater value on cross-cultural competence

Halfway through the 10-year fishing ban along the Yangtze River, there has been notable progress in reviving fish resources, though significant challenges remain