Cheng Fengchao, Academic Advisor of the Upper Middle Academic Council: Unified rules can eradicate inbred competition.

Cheng Fengchao, a member of the Academic Advisory Committee of the China Listed Companies Association, told a reporter from the Shanghai Securities News that the most harmful aspect of internal competition is "long-termism". The key to building a unified market is to unify rules, standards, and enforcement, pulling corporate competition back from "competing in consumption" to "competing in creation".