The word "竞争者" (jìngzhēngzhě), meaning "competitor," is formed through a logical and common process in Chinese morphology. It is a compound noun created by combining the verb "竞争" (jìngzhēng), which means "to compete" or "competition," with the nominalizing suffix "者" (zhě), which denotes "a person who does" or "an entity that performs" the action of the preceding verb. Therefore, "竞争者" literally and semantically translates to "one who competes" or "an entity that engages in competition," efficiently packaging the concept of an active participant in a competitive arena into a single, standard term.