Core Viewpoint - The National Development and Reform Commission, along with other regulatory bodies, has drafted the "Internet Platform Pricing Behavior Rules" to promote healthy development in the platform economy while ensuring regulatory compliance and transparency [1][2]. Group 1: Regulation and Compliance - The rules emphasize a dual approach of promoting development and regulatory compliance, combining preemptive guidance with ongoing supervision [1]. - The rules aim to standardize pricing behavior, enhance transparency, and protect the rights of both operators and consumers [1]. Group 2: Pricing Behavior Standards - The rules provide detailed standards for identifying unfair pricing behaviors such as predatory pricing, price discrimination, and price collusion within the platform economy [2]. - Platform operators are prohibited from forcing internal operators to sell below cost, which could disrupt market competition [2]. - The rules specify that operators cannot set different prices for the same product based on consumer data without their knowledge [2]. Group 3: Transparency and Integrity - The rules require strict adherence to clear pricing regulations and timely disclosure of any changes in fees to enhance social oversight [1]. - Operators are forbidden from using deceptive language or images in pricing, and from manipulating prices through false discounts or misleading comparisons [2].

Group 1: Market Regulation Achievements - The State Administration for Market Regulation (SAMR) highlighted significant achievements in high-quality market regulation during the 14th Five-Year Plan period, focusing on business environment, market operation, and safety supervision [2][5] - Key areas of focus include reforms in the registered capital system, prevention of excessive penalties for minor infractions, addressing platform economy issues, food safety, and innovation drug approval reforms [2][5] Group 2: Registered Capital Reform - The revised Company Law in 2023 stipulates that the maximum contribution period for limited liability company shareholders is five years, effective from July 1, 2024 [3][5] - The reform aims to curb market irregularities such as inflated registered capital and excessively long contribution periods, enhancing the credibility of registered capital [5][6] Group 3: Prevention of Excessive Penalties - The SAMR is implementing a "double random, one public" regulatory approach to minimize disruptions to normal business operations and enhance administrative enforcement standards [6][7] - A typical case highlighted the issue of disproportionate penalties, prompting the SAMR to withdraw an excessive fine against a local restaurant [6][7] Group 4: Platform Economy Regulation - The SAMR is addressing issues in the platform economy, including algorithm abuse and unfair competition, through ongoing regulatory actions [8][9] - Over the past five years, the SAMR has taken significant actions, including deleting 4.541 million pieces of illegal product information and investigating 105,000 internet-related cases [8][9] Group 5: Food Safety Oversight - Food safety remains a critical focus, with the SAMR enhancing compliance guidance for platform enterprises and increasing special inspections to address issues like "ghost deliveries" and false claims [12][13] - The SAMR has introduced new regulations to clarify food safety responsibilities among various stakeholders in the online food sales ecosystem [12][13] Group 6: Innovation Drug Approval - The pharmaceutical industry in China has seen rapid development, with 204 innovative drugs and 265 innovative medical devices approved since the beginning of the 14th Five-Year Plan [14][15] - The SAMR is streamlining the drug approval process, aiming to complete reviews of key innovative drugs within 30 working days and significantly reducing the time for supplementary application reviews [14][15]

Core Viewpoint - The rapid development of the platform economy in China is accompanied by issues such as algorithm abuse and unfair competition, necessitating regulatory measures to promote healthy industry growth [1][2] Group 1: Regulatory Actions - The National Market Supervision Administration emphasizes a balanced approach to encourage innovation while regulating the platform economy [1] - A significant crackdown on irregularities has led to the removal of 4.541 million pieces of illegal product information and the suspension of services for 58,000 online stores [1] - A total of 105,000 internet-related cases have been investigated, showcasing the administration's commitment to maintaining order in the online market [1] Group 2: Future Directions - The administration plans to continue enhancing the regulatory framework for the platform economy, focusing on both regulation and development [2] - There will be an emphasis on improving preventive and penetrating regulatory capabilities to ensure the sustainable and healthy development of the platform economy [2]

Core Viewpoint - The article discusses the rapid development of the platform economy in China, highlighting the need for effective regulation to address issues such as algorithm abuse and unfair competition while promoting healthy industry growth [1]. Group 1: Regulatory Framework - The government aims to balance innovation encouragement and regulatory compliance by establishing a policy framework that promotes orderly competition and innovation in the platform economy [2]. - New regulations such as the "Network Transaction Supervision Management Measures" and the "Interim Measures for Network Transaction Law Enforcement Cooperation" have been introduced to enhance regulatory effectiveness [2]. - The establishment of a national standardization technical committee for platform economy governance is intended to strengthen industry self-discipline and set clear competition rules [2]. Group 2: Enforcement Actions - The regulatory authorities have conducted special actions to address market irregularities, resulting in the removal of 4.541 million illegal product listings and the suspension of services for 58,000 online stores [2]. - Significant cases in the live e-commerce sector, such as "Three Sheep" and "Northeast Rain Sister," have been investigated to combat irregularities [2]. - Platforms are required to eliminate unreasonable restrictions such as "refund only" policies and to enhance the transparency and reasonableness of their fees [2]. Group 3: Service Improvement - The government has issued guidelines to encourage platforms to improve compliance management and has provided compliance prompts during major sales events like "6.18" and "Double Eleven" [4]. - Initiatives to offer government data comparison services to platforms aim to help them effectively intercept and remove non-compliant entities [4]. - Continuous communication with various stakeholders, including platforms, merchants, and delivery personnel, is emphasized to ensure a more responsive regulatory approach [4]. Group 4: Future Directions - The regulatory body plans to maintain a dual focus on regulation and development, enhancing the platform economy's ongoing health and sustainability through improved monitoring systems [4].

Core Viewpoint - The Chinese platform economy is undergoing a critical transformation, facing challenges such as algorithm abuse and unfair competition, while the government aims to balance regulation and support for healthy industry development [2][4]. Group 1: Regulatory Framework - The government is establishing a policy system to encourage innovation while ensuring orderly competition in the platform economy, including the introduction of various regulations such as the "Network Transaction Supervision Management Measures" and the "Interim Measures for Network Transaction Law Enforcement Cooperation" [4]. - Amendments to the Anti-Monopoly Law and the Anti-Unfair Competition Law are underway, along with the issuance of guidelines specific to the platform economy to clarify competition rules [4]. Group 2: Enforcement Actions - Regulatory authorities have taken significant actions against market irregularities, resulting in the removal of 4.541 million pieces of illegal product information and the suspension of services for 58,000 online stores [4]. - Major cases in the live e-commerce sector have been addressed, including investigations into significant violations by entities such as "Three Sheep" and "Northeast Rain Sister" [4]. Group 3: Service Initiatives - The government is promoting compliance management among platform enterprises by issuing guiding opinions and providing services such as government data comparison to help platforms identify and eliminate non-compliant entities [5]. - Regular communication with various stakeholders, including platforms, merchants, and delivery personnel, is being conducted to enhance regulatory warmth and responsiveness [5]. Group 4: Future Directions - The government plans to continue enhancing the regulatory framework for the platform economy, focusing on preventive and comprehensive regulatory capabilities to ensure sustainable and healthy development [5].

Group 1 - The State Administration for Market Regulation (SAMR) has established a fair competition review mechanism, reviewing 42,200 important policy measures and proposing amendments to 11,400 of them to prevent policies that are detrimental to the construction of a unified national market [10][12] - During the 14th Five-Year Plan period, the SAMR has handled nearly 50,000 cases of unfair competition, including 4,296 cases of online unfair competition, optimizing the competitive ecosystem of both online and offline markets [12][6] - The SAMR has implemented a series of measures to enhance the quality of enterprises, including the establishment of chief quality officers in 279,000 companies, resulting in an average annual revenue growth of 9.7% for small and micro enterprises involved in quality improvement initiatives [2][46] Group 2 - The SAMR has strengthened the regulation of food safety, handling 2.26 million food safety cases and maintaining a food safety compliance rate of over 99.4% for drug inspections [7][29] - The SAMR has revised key laws such as the Company Law and the Anti-Monopoly Law, enhancing the regulatory framework for market operations and increasing the enterprise credit index from 128.6 in 2020 to 161.61 in the first half of 2025 [6][10] - The SAMR has facilitated the establishment of a unified market by promoting regional market integration, achieving "one network for handling" across multiple provinces and cities, and implementing shared electronic certificate standards [12][11] Group 3 - The SAMR has focused on enhancing the quality of the pharmaceutical industry, approving 204 innovative drugs and 265 innovative medical devices during the 14th Five-Year Plan period, with a significant increase in the number of innovative drugs under research [35][52] - The SAMR has implemented a comprehensive reform of drug and medical device regulation, emphasizing the entire lifecycle of drug safety and quality, and has established a dynamic regulatory mechanism for drug safety risk assessment [34][52] - The SAMR has actively supported the development of quality standards, issuing over 13,000 national standards and leading the formulation of 1,079 international standards during the 14th Five-Year Plan period [38][40]

Group 1 - The core viewpoint of the news is the implementation of the "Regulations on Reporting Tax Information by Internet Platform Enterprises," which mandates these enterprises to report tax-related information of operators and employees to tax authorities [1][2] - The regulations aim to standardize competition in the platform economy, addressing issues like unfair competition and protecting consumer rights, while promoting a unified national market [2][3] - The regulations are expected to enhance cooperation among departments, improve oversight of improper business practices, and ensure compliance among various internet business entities [2][3] Group 2 - The implementation of the regulations is not expected to increase the tax burden for the majority of compliant operators and employees within platforms, as most are small and micro enterprises benefiting from tax incentives [3][4] - Starting in October, internet platform enterprises will be required to report the identity and income information of operators and employees for the previous quarter, marking the first major data submission under the new regulations [4][5] - The tax authorities are upgrading their information systems and providing guidance to ensure a smooth reporting process, while also clarifying that certain workers engaged in specific services may be exempt from reporting their income [5]

Core Insights - The provincial government emphasizes the importance of platform economy innovation to foster new productive forces and enhance high-quality economic development [1] Group 1: Economic Development Strategy - The government aims to stabilize employment, enterprises, markets, and expectations while seizing policy opportunities [2] - There is a focus on deepening the integration of digital and physical economies, promoting technological and industrial innovation [2] Group 2: Technological Innovation - The government encourages the acceleration of innovation results transformation and iterative application [2] - Emphasis is placed on continuous promotion of technological, model, and scenario innovations [2] Group 3: Market Expansion and Regulation - Support for consumption platform enterprises to explore market potential and expand consumer demand is highlighted [2] - The establishment of a normalized regulatory mechanism to ensure orderly competition and enhance quality in platform enterprises is required [2]

Core Viewpoint - The platform economy is currently trapped in a "low-price competition" and "subsidy war" dilemma, necessitating urgent solutions to transition towards healthy competition focused on efficiency and service [1][23]. Group 1: Investigation Initiatives - The "Breaking 'Involution' and Reshaping Ecology" investigation action was initiated by the Digital Economy New Media & Think Tank Network Economic Society to promote healthy development in the platform economy [1][23]. - This investigation follows the significant achievements of last year's "Refund Only" investigation, aiming for a more comprehensive and in-depth analysis [1]. Group 2: Expert Involvement - The investigation involves collaboration with university professors, associations, think tank experts, investors, lawyers, and analysts to deeply interpret the "involution-style" competition in the platform economy [9]. - A report titled "2025 Platform Economy 'Anti-Involution' Analysis Report" will be published as a result of this investigation [9]. Group 3: Key Issues Identified - The investigation highlights several practical challenges in applying core legal principles, such as the difficulty in cost recognition for predatory pricing and the ambiguity in defining market dominance in a two-sided market [11][12]. - Issues related to algorithmic collusion and the challenges of proving such behavior under current antitrust laws are also emphasized [13]. Group 4: Legal Gaps and Recommendations - There is a lack of clarity in recognizing data abuse and data monopoly, which hampers effective enforcement against platforms that utilize data advantages to stifle competition [14]. - Recommendations include refining platform economy-specific regulations, enhancing data and algorithm governance, and optimizing enforcement mechanisms and liability systems [18][19][20]. Group 5: Focus Areas of Investigation - The investigation will focus on various sectors, including retail e-commerce platforms (e.g., JD.com, Taobao, Douyin), local life (instant retail) platforms (e.g., Meituan, Ele.me), cross-border e-commerce platforms (e.g., Amazon, AliExpress), ride-hailing platforms (e.g., Didi Chuxing), and online travel platforms (e.g., Ctrip, Qunar) [24][32].

Group 1 - The employment situation in China is stable, with 6.95 million new urban jobs created in the first half of the year, achieving 58% of the annual target [1] - The urban survey unemployment rate in June was 5.0%, unchanged from the same period last year, indicating resilience in the economy [1] - There is a need to enhance domestic demand and address employment pressures among key groups such as youth and migrant workers, emphasizing the importance of maintaining employment stability [1] Group 2 - The integration of digital technology across various industries has led to the emergence of new sectors such as platform and sharing economies, creating vast employment opportunities [2] - In the second quarter, recruitment in industries like humanoid robots, new materials, and smart hardware saw year-on-year increases of 398.1%, 72.1%, and 50.3% respectively [2] - High-quality employment is essential, focusing not only on quantity but also on the quality of jobs, which should provide a platform for personal value realization [2] Group 3 - The ongoing advancement of China's manufacturing sector towards high-end, intelligent, and green development requires a significant number of skilled talents with international perspectives and innovative capabilities [2] - Skills training should be organized in fields with high employment capacity and significant supply-demand imbalances, such as advanced manufacturing and modern services [2] - Achieving high-quality employment will transform it from merely meeting basic needs to becoming a driving force for high-quality economic development [2]