On January 19, according to the news on the National Development and Reform Commission website, the National Development and Reform Commission, the State Administration for Market Regulation, and other nine departments jointly issued the 'Several Opinions on Promoting the Normative, Healthy, and Sustainable Development of the Platform Economy' (referred to as 'Opinions'), further promoting the normative, healthy, and sustainable development of the platform economy.
The main content points include:
(1) Improving governance rules: Formulate and introduce price behavior rules in the platform economy field, improve the regulatory system for the financial sector, insist that all financial activities fall under financial supervision, and financial business must be licensed to operate.
(2) Improving institutional norms: Improve the 'graded classification + negative list' regulatory system for cross-border data flow, explore the establishment of an algorithm security system for Internet information services.
Promote collaborative governance. Strengthen departmental collaboration, adhere to the principle of "integrated online and offline supervision", and achieve unified approval, supervision, and regulatory responsibilities.
Improve competition supervision and law enforcement: Strengthen full-chain competition supervision and law enforcement in key industries and areas with strong feedback from the public.
Strengthen supervision in the financial sector: Strengthen supervision in the payment field, sever inappropriate connections between payment tools and other financial products.
Explore data and algorithm security supervision: Effectively implement the principles of lawful, legitimate, and necessary collection and use of personal information, and severely crack down on illegal acts such as platform enterprises collecting personal information beyond scope or excessively accessing personal information.
Improve and enhance regulatory technology and methods: Strengthen digital regulatory support.
Lower platform ec