China's sharing economy market exceeds 3.2 trln yuan in 2019: report | |||||||||||
|
|||||||||||
//english.dbw.cn 2020-03-06 13:15:55 |
|||||||||||
The market size of China's sharing economy exceeded 3.2 trillion yuan (about 470 billion U.S. dollars) in 2019, growing by 11.6 percent year on year, according to a development report. In 2019, about 800 million people in China participated in the sharing economy, of which about 78 million were service providers, according to a report released by the Sharing Economy Research Center under the State Information Center. Transport, catering and short-term house renting posted strong growth last year, the report said. Over the past few years, China has witnessed the rise of the sharing economy -- one where people use the Internet and mobile technologies to access goods and resources provided by their peers, rather than a traditional corporate vendor. China's sharing economy covers a wide range of fields, from life services such as travel and accommodation to industrial production, agriculture and other production. |
|||||||||||
Author: Source:xinhua Editor:Yang Fan |