MEITUAN(HK:03690) Zhong Guo Qing Nian Bao·2025-12-30 00:35Core Viewpoint - Flexible employment and new employment forms have become significant channels for income growth among workers in China, with over 200 million flexible workers reported. The central economic work conference emphasized the need for a win-win development model for platform enterprises, operators, and workers, setting a clear direction for the future of the platform economy [1]. Group 1: Industry Developments - The external competition among delivery platforms has intensified, leading to pressure on merchants and delivery riders. The State Administration for Market Regulation has urged platform companies to adhere to fair competition principles to protect the rights of consumers, merchants, and delivery riders [1]. - A new national standard for delivery platform service management was released, focusing on strengthening the protection of delivery riders' rights [1]. - The government plans to introduce measures to safeguard the rights of new employment form workers, further improving the rights protection system for flexible employment [1]. Group 2: Rider Experiences - Riders like Gu Shutian and Zhang Jinqian have reported positive changes in their lives due to platform policies, such as receiving pension insurance subsidies, which have become foundational for their families [2][3]. - The intense competition during the delivery wars led to mixed experiences for riders, with some benefiting from increased order volumes while others faced challenges due to system overloads and unclear fee structures [6][7]. - The stability of income and job security is a priority for many riders, who prefer consistent earnings over fluctuating high payouts from competitive platforms [9][10]. Group 3: Policy and Social Security - Platforms have begun implementing pension insurance subsidies, with companies like JD and Meituan covering a significant portion of the costs for riders, thus enhancing their social security [12][21]. - The new policies aim to lower the barriers for riders to participate in social insurance, allowing them to choose where to enroll based on their work location or home [16][17]. - Efforts are being made to increase awareness and participation in social insurance among riders, with local governments and platforms collaborating to provide accessible information and services [20][21].