Current Status and Challenges of China’s Platform Economy: A Macroeconomic Perspective

作者：Yihan Wang · 发表于：Advances in Economics Management and Political Sciences · 年份：2025 · DOI：10.54254/2754-1169/2025.bl23703 · 被引用次数：3 · 研究领域：Sharing Economy and Platforms

China’s platform economy refers to the constituent system of digital platforms facilitating monetary transactions of goods, services, and information. This form of digital network economy has gradually turned into a large macroeconomic pillar of the current Chinese economy. It is shown that digital platforms facilitate the growth of China’s gross domestic product (GDP), alter the form of consumption, create new sources of employment, and promote industrial upgrading by deeply penetrating various sectors in society. It shows that platform-driven digital activity made up about 39 percent of China’s GDP as of 2021, which indicates deep economic penetration and a new engine for growth. At the same time, the rapid development of platforms brings about policy issues in fair competition, market regulation, and labor protection. The study explores these issues in market concentration and gig labor precarity and discuss regulatory measures taken recently. The significance of this research is to inform high-quality economic development and well-balanced policy in the digital era. The findings imply that the platform economy is a significant contributor to China’s economic expansion and structural change, yet it calls for prudent governance to maintain sustainable and inclusive development.