国内英语资讯:China to foster healthy development of sharing economy
"Government procurement support for sharing economy products and services will also be strengthened," said the meeting.
The government will formulate new market entry and supervision regulations in a cautious manner, noted the statement.
The trading volume of the sharing economy in China more than doubled year on year to 3.45 trillion yuan (about 505 billion U.S. dollars) last year, according to a report released by the State Information Center.
The sharing economy will grow at an average annual rate of 40 percent over the next few years and will account for more than 10 percent of the country's GDP by 2020, the center predicted.
The meeting also decided to push forward the development of commercial endowment insurance and inclusive finance in China.
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