Competition (竞争)

Competition (竞争 jìng zhēng) is the rivalry between companies providing similar products and services. Their goals are to capture revenue, profits, and a larger market share.

Part 1: Breakdown of Words

“竞” (jìng) as in “contest” (竞赛 jìng sài), “bidding” (竞标 jìng biāo), or “race-walk” (竞走 jìng zǒu).

“争” (zhēng) as in “controversy” (争议 zhēng yì), “dispute” (争端 zhēng duān), or “debate” (争论 zhēng lùn).

Part 2: Examples

1. Foreign competition (外来竞争 wài lái jìng zhēng).
2. Perfect competition (完全竞争 wán quán jìng zhēng).
3. Competition equilibrium (竞争均衡 jìng zhēng jūn héng).
4. Competitive advantage (竞争优势 jìng zhēng yōu shì).
5. Oligopolistic competition (寡头竞争 guǎ tóu jìng zhēng).