Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

​Forum on Norms and Development of Sharing Economy kicks off on Saturday in E China's Shanghai

November 07, 2020


Abstract : Forum on Norms and Development of Sharing Economy kicked off on Saturday at the third China International Import Expo (CIIE) in east China's Shanghai.

SHANGHAI, Nov. 7 (Xinhua) -- Forum on Norms and Development of Sharing Economy kicked off on Saturday at the third China International Import Expo (CIIE) in east China's Shanghai.

Themed on "new momentum, new vision, new field", the thematic-forum of the third CIIE aimed to promote the development and norms of sharing economy.

Government officials, experts and scholars gathered together to discuss the topic on how to explore effective ways for the high-quality and healthy development of sharing economy at the event.

微信图片_20201107213733.jpg

Photo: Gong Xixiang, Secretary-General of Xinhua News Agency, delivers a speech at the forum in east China's Shanghai on Saturday.

Sharing economy has shown strong vitality and development potential after the outbreak of COVID-19 pandemic this year, noted Gong Xixiang, Secretary-General of Xinhua News Agency, adding that it is necessary to have enough patience and wisdom to guide and promote the stable development of sharing economy in an innovative manner.

With the improvement of the regulatory system and the establishment of the self-discipline system, sharing economy will rapidly unleash its development potential and become a new driving force for the high-quality development of the national economy and supply-side reform, said Gong.

微信图片_20201107213748.jpg

Photo: Han Yi, Chief Engineer of the State Administration for Market Regulation, delivers a speech at the forum in east China's Shanghai on Saturday.

The combination of market mechanism and government supervision is the only way to solve the plight of the sharing economy development and to standardize the industry order, Han Yi, Chief Engineer of the State Administration for Market Regulation, said at the forum.

Masaaki Mochimaru, Chairperson of the Technical Committee of Sharing Economy (ISO/TC 324), stressed that to promote sharing economy worldwide, it is necessary to consolidate the role of standardization to strengthen advantages and reduce risks of sharing economy.

Yu Xinli, Chairman of National Technical Committee of Standardization for Sharing Economy, echoed the view, saying that the standardized development has become the mainstream of sharing economy.

Wu Jingmei, professor of the School of Finance, Renmin University of China, suggested that the development of  sharing economy should require the establishment of a broad credit reporting system.

微信图片_20201107213815.jpg

Photo: A report on the standardization development of sharing economy is officially released during the forum.

Besides, a report on the standardization development of sharing economy was officially released during the forum.

Statistics from the report showed that the country's sharing economy, which presented a sustainable growth momentum, registered a total transaction volume of 3.28 trillion yuan last year.

The forum was jointly hosted by China Economic Information Service and the Development Research Center of State Administration for Market Regulation.

(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: CIIE sharing economy

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial