【#CGTN 】Combating ‘neijuan’: How will Chinese society deal with over-competition?

https://www.youtube.com/watch?v=ZSUJ0OoeZeI

Combating ‘neijuan’: How will Chinese society deal with over-competition?

https://www.youtube.com/watch?v=ZSUJ0OoeZeI

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In any society, healthy competition helps create innovation which can lead to economic growth, better products and other positive outcomes. But can there be such a thing as "too much" competition? The answer, according to Chinese officials, is yes, and the government, enterprises and even individuals are taking action to resist this kind of "over-competition," referred to as ‘neijuan’ in China, a buzzword that has been dominating Chinese social media recently. So what is neijuan? How did it become an obstacle to China’s economic transition? And most importantly: how quickly can China get rid of it? Guests in this edition of Dialogue are Elisa Hörhager, chief representative for China at Federation of German Industries; Angela Li, head of LSE China Forum; Hong Hao, partner & chief economist at GROW Investment Group; and Andy Mok, senior research fellow with the Center for China and Globalization.

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https://www.youtube.com/watch?v=ZSUJ0OoeZeI

from CGTN

https://www.youtube.com/watch?v=ZSUJ0OoeZeI

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