China Macro Tracker Economics Supply-side reform 2.0? Industry: Supply-side reform 2.0 in the making? Last week, the Central Commission for Financial and Economic Affairs (CCFEA) and the Ministry of Industry and Information Technology both called for a crackdown on the "cutthroat" competition fuelling fierce price wars among enterprises and warned about industrial overcapacity risks (Xinhua, 1 July). On the same day, Qiushi magazine (a prominent publication of the Chinese Communist Party) echoed the sentime ...