The coverage emphasizes the collaborative effort between government departments and digital platforms to provide practical support for individual business growth.
Market regulators and eight platforms sign agreement to support individual businesses
Market regulators from seven provinces and the National Individual Industrial and Commercial Household Development Network signed a framework agreement with eight major digital platforms on September 17. The initiative aims to provide targeted support for individual businesses through digital empowerment, capacity building, and startup assistance. The agreement establishes a collaborative mechanism between regulators and platforms to foster the growth of individual industrial and commercial households.
Key facts
- 01Eight platforms including 1688, Douyin, Kuaishou, Meituan, Taobao Flash Sale, Taotian, Xiaohongshu, and Alipay signed the agreement.
- 02The agreement focuses on supporting individual industrial and commercial households through digital empowerment and startup assistance.
- 03Market regulators from seven provinces and the National Individual Industrial and Commercial Household Development Network participated in the signing.
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