Business Brief (June 18): China Moves to End Food-Delivery Price Wars

Published: Jun. 18, 2026 6:36 p.m. GMT+8

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Food-delivery subsidies

China released draft rules for food-delivery platforms, prohibiting long-term, large-scale subsidies that distort the market, signaling an end to price wars.

Employment plan

China’s State Council issued a five-year employment plan aimed at improving the wage income distribution system by strengthening macro guidance on corporate wage distribution.

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Explore the story in 30 seconds

China released draft rules banning long-term, large-scale food-delivery subsidies to end price wars.
State Council issued a five-year employment plan to improve wage distribution via macro guidance.
China plans to establish a global AI cooperation body; Sam's Club China's chief merchandising officer resigned.

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