On June 22, Gelunhui | The 2024 Yabuli Forum Innovation Annual Meeting was held in Shenzhen. In the opening speech, Yu Minhong, rotating chairman of the Yabuli China Entrepreneur Forum and chairman of New Oriental Education and Technology Group, said: "Chinese people have a passion for new things, and any new thing will become 'hot.' 'Cuàn' is everyone's desire for new development, but it also reduces the ability and space for innovation of Chinese enterprises. The reason is that once 'Cuàn', especially in the face of the lbx pharmacy chain joint stock product 'Cuàn', it will lead to a decrease in price and R&D costs."
新东方董事长俞敏洪：“卷”会降低中国企业创新能力和空间
Director of New Oriental, Yu Minhong: "Excessive regulation" will lower the innovation capability and space of Chinese enterprises.
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