Jianggan Li
speaker
871 appearances
4 recordings
1 series
first heard Sep 2025
last heard 6 Sep
Jianggan Li’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Sep 2026 with 1.
Appearances
They said, look, if you are really that aggressive in pricing tactics, you are going to kill off all your competition.
That's not something we want.
So, yeah.
I think about 15 years ago, I already argued in a conference that a lot of dynamics in China is because of the competition amongst the provinces, amongst the prefectures and amongst the counties.
And quite often you see situations saying that this county has identified this industry as a core industry.
Then another county 100 miles away saying, hey, we want this industry as well.
Then here goes the competition.
Everybody's giving free land.
Everybody's giving tax breaks for people in this industry.
And we multiply that.
I mean, there are, I don't know, 200 prefectures in China, close to 2,000 counties.
So when all these people are competing against each other...
Firstly, you start forming clusters.
But second, you also see like excessive competition.
There's an argument that bureaucrats in China are evaluated by KPIs, which are usually the GDP growth of that county, right?
So that was lots of incentives for them to compete against each other.
When you set up that system, that helps the initial sort of momentum for the economy to take off because of this competitive pressure.
But at some point in time, for certain industries, it becomes too much, right?
When everybody has computed the profits away, what do you do next?
No, I think as far as tech is concerned, I think Shenzhen and Hangzhou and its surrounding areas have a very, very good inertia that they can tap on.
Showing 801–820 of 871 · page 41 of 44
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