TheNews

The Chinese government has the strongest position to be able to truly legitimize the sharing economy. Instead of being seen as a threat or as a simple acquisition by other large businesses and governments, the Chinese have so far hastily embraced the growth the sharing economy brings to its service industry. While facing multiple challenges, the sharing economy will be able to thrive, and it must do so in China by encouraging regulation and cooperation, as opposed to litigation.

Additionally, the sharing economy must focus on the positive social benefits it brings participants, while building and maintaining relationships with key stakeholders, who, to a certain extent, are participants themselves.

The sharing economy is an indicator of strong economic growth, and can truly become a leading vehicle for change and economic prosperity as China moves into the future.


the source