Chinese regulators urge platform enterprises to rectify problems

2021-04-13 09:35:33 GMT2021-04-13 17:35:33(Beijing Time) Xinhua English

BEIJING, April 13 (Xinhua) -- Chinese regulators on Tuesday urged internet platform enterprises to comprehensively rectify problems within time limits and establish a new order in the platform economy.

Internet platform enterprises are urged to strictly prevent the disorderly expansion of capital to ensure economic and social security and guard against the formation of monopolies to ensure fair market competition, the regulators said at a meeting held by the State Administration for Market Regulation, the Office of the Central Cyberspace Affairs Commission, and the State Taxation Administration.

Representatives from 34 internet platform enterprises attended the meeting. Enditem

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