China orders e-cigarette makers to stop building new production plants
China's tobacco regulator has ordered e-cigarette makers to halt new plant construction to address overcapacity. The move aims to curb industry price wars.
Insights:
The State Tobacco Monopoly Administration issued a notice on February 13, 2026, directing e-cigarette manufacturers in China 
CN to suspend investment projects and halt the construction of new production plants. This directive is intended to address overcapacity and curb price wars within the e-cigarette industry, creating an immediate regulatory constraint on the sector's expansion.
CN to suspend investment projects and halt the construction of new production plants. This directive is intended to address overcapacity and curb price wars within the e-cigarette industry, creating an immediate regulatory constraint on the sector's expansion.
