Hi! Welcome to “About China”!
In today’s program, we will talk about ” Sharing Economy”.
Premier Li Keqiang mentioned ” Sharing Economy” in the Report on the Work of the Government on March 5, 2017. Government would continue to support and guide the development of the sharing economy to enable greater efficiency in the use of resources and bring greater convenience to our people.
Sharing economy refers to a phenomenon where individuals share their spare resources via third-party online platforms to make money. Ride-sharing service apps Uber and Didi Kuaidi and lodging website Airbnb are examples of popular online platforms for the sharing economy.
The sharing economy has great potential. It is not only a business model, but also a new socio-economic operation model.
The sharing economy will become a new driving force in China's economic growth and will help push the service industry as the main engine of the economy.
Did you get it!