China signals easing clampdown on platform economy as authority seeks to support slowing economy
China signals easing clampdown on platform economy as authority seeks to support slowing economy

China signals easing clampdown on platform economy as authority seeks to support slowing economy

 

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The Politburo, the top decision-making body of the China Communist Party, vowed to promote healthy development of the platform economy, which many see as a signal of a possible end of the latest round of clampdown on the country's large tech companies, as part of efforts to support the slowing economy.

"China will complete rectifications in the platform economy, implement regular supervision of the sector and unveil specific measures to support healthy development of the platform economy," the Politburo said at a meeting chaired by . . .

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