BEIJING, June 18 (Xinhua) -- China's Ministry of Industry and Information Technology and six other departments have jointly issued an action plan to promote coordinated development of large, medium-sized and small enterprises in the platform economy from 2026 to 2028.
The plan aims to advance innovation synergy, ecosystem synergy and openness synergy among enterprises of different sizes, fully stimulate the creativity and competitiveness of the platform economy, and promote deeper integration of the real economy and the digital economy.
By 2028, China aims to significantly improve the level of coordinated development among platform-based enterprises of different sizes, form a number of replicable models for collaborative innovation, and cultivate a group of leading firms that specialize in specific manufacturing niches in the platform economy, according to the plan.
The plan also calls for greater openness and sharing of technologies and data, and lays out key tasks and special actions, including guiding platform enterprises to strengthen innovation in artificial intelligence, deepening governance of algorithms and traffic, and promoting algorithm transparency.
The platform economy is a new form of economy built on internet platforms. China's platform economy is currently at a critical stage of transformation and upgrading, making it urgent to adapt to new requirements arising from economic and social development during the 15th Five-Year Plan period (2026-2030) and from technological and industrial changes.
Yu Xiaohui, president of the China Academy of Information and Communications Technology, said all parties should take the implementation of the action plan as a starting point to build an open, shared, diversified and innovation-driven platform economy system.
These efforts will enable large enterprises to gain ecosystem strength through opening up their capabilities, help small and medium-sized enterprises unleash innovation potential through the flow of production factors, and push the development of the platform economy to a new level, Yu said. ■
