
The issue has been at the forefront of international discussion in China, perhaps getting the attention of senior politicians.
Chinese Premier Li Qiang addressed the issue of “neijuan-style competition” for the first time in its highly anticipated work report released on Wednesday ( Mar 5 ) at the opening of the National People’s Congress ( NPC ) in Beijing.  ,
” We will develop and improve fundamental organizations and laws for this purpose more quickly,” Li said.
We did end local isolationism and market segmentation, end barriers to financial flows in terms of industry access and exit as well as production factors, and implement comprehensive measures to combat rat race competition.
His words follow previous commitments, including one made at the Central Economic Work Conference ( CEWC ) in Beijing in December, where officials demanded industry self-control and sustainable market strategies to combat industrial overcapacity and vicious competition.  ,
Dr. Chen Bo, a senior research fellow at the National University of Singapore’s East Asian Institute, told CNA that the fact that this name appears in the state labor report “evideth the government’s solid concern over this bad phenomenon.  ,
It is anticipated that effective steps may be introduced through like high-level government records and the policy-making process.
On the other hand, Nanjing University’s Yangtze Industrial Economic Think Tank producer Liu Zhibiao downplayed the value of the first time neijuan was mentioned in a state work report.
He claimed that the key to the success of the Central Economic Work Conference was to be merely “executed.”
A fair competition symposium with top executives from conglomerates like the Alibaba Group, JD.com, and Mercedes-Benz China was held on February 25 at the chair of China’s top industry regulator, the State Administration for Market Regulation ( SAMR ). The session’s goal was to address involution and gather market feedback on possible solutions as well as market challenges.
Regional governments have also laid out strategies to combat neijuan.
Officials in the eastern seaside Jiangsu province suggested tackling involution in important industries through planned commercial planning, while Hunan put the emphasis on regulating competition in the promotion of investment.