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17 May 2022
Chinese VP Lui He: China will suppport healthy development of the platform economy
Chinese Vice Premier Lui He said during a CPPCC meeting that China will support the healthy development of the platform economy, reported state media cited by Reuters. Lui He added that China needs to properly manage relationships between the government and the market and that he supports digital firms to pursue stock market listings both at home and abroad. The battle for "key core technologies" must be fought well, Lui He added.
His remarks come after China's State Planner said on Tuesday that China's economy faces increasing downwards pressure.