Platform economy to see renewed impetus

Nation plans steps to boost industrial internet, ride-hailing and e-commerce

China will step up efforts to bolster the platform economy, including ride-hailing, e-commerce and industrial internet, as part of the efforts to nurture new economic drivers, top industry officials said on Thursday.

The platform economy refers to the use of internet and advanced technologies in businesses, such as shared bikes, online shopping, take-aways and online medical care.