MIIT: Auto payables paid by e-voucher fell markedly in first three quarters of 2026
In short
Wang Weiming (王卫明), chief engineer of the Ministry of Industry and Information Technology, said the share of accounts payable in the auto industry paid by electronic voucher fell markedly in the first three quarters. He also said prices of mainstream domestic photovoltaic modules have stabilised. He spoke at a State Council Information Office press briefing on 20 October.
Read the full story 1 min read
The State Council Information Office held a press conference on 20 October to present industry and information technology development in the first three quarters of 2026, according to CLS, 36Kr and Jiemian. Wang Weiming, chief engineer of the Ministry of Industry and Information Technology, spoke at the briefing. [ 1 , 3 , 4 ]
Wang said that in the first three quarters, work centred on curbing irrational competition in key industries, using market-based and rule-of-law methods to maintain fair and healthy market competition. He said that through the efforts of all parties, the share of accounts payable in the auto industry paid by electronic voucher had fallen markedly and prices of mainstream domestic photovoltaic modules had stabilised. The summaries give no figures. [ 1 , 3 , 4 ]
Why it matters
The remarks are the ministry's account of its efforts against irrational competition in key industries. The documents are short summaries and give no figures, so the size of the changes is not known.
Key facts
- The State Council Information Office held a press conference on 20 October on industry and information technology development in the first three quarters of 2026. [ 1 , 3 , 4 ]
- Wang Weiming, chief engineer of the Ministry of Industry and Information Technology, spoke at the briefing. [ 1 , 3 , 4 ]
- Wang said that in the first three quarters, work focused on curbing irrational competition in key industries, using market-based and rule-of-law methods to maintain fair and healthy market competition. [ 1 , 3 , 4 ]
- Wang said the share of accounts payable in the auto industry paid by electronic voucher fell markedly. [ 1 , 2 , 3 , 4 ]
- Wang said prices of mainstream domestic photovoltaic modules have stabilised. [ 1 , 3 , 4 ]
Confirmed by several sources
Still unclear
- How large the fall in electronic-voucher payment of auto-industry payables was. The documents give no figures or comparison period.
- How much photovoltaic module prices have changed or at what level they stabilised. The documents give no price data.