At ‘two sessions’, China takes aim at an insidious economic foe: ‘neijuan’

Quick Summary:

In a first, Premier Li Qiang vowed to stamp out neijuan’ – which refers to excessive, cutthroat competition – in his agenda-setting annual work report.

But this is the first time the term has been used in a government work report to the NPC – the annual meeting of China’s top legislature in Beijing.

China’s leaders have begun to discuss the need to tackle neijuan with growing frequency in recent years as the country has come under increasing pressure from a string of Western nations over trade issues.

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Article Details

Author / Journalist: Luna Sun

Category: Business

Markets: Hong KongChina

Topics: Excessive First Work Report Concept China Term Competition Time Annual Premier

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 17:30:09 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 199 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26676976

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