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China To Encourage More Active Platform Companies

CHINA PRESS
MNI (Singapore)

China will support platform companies, such as Tencent and Alibaba, to play a more active role to promote the development of the digital economy, according to the National Data Administration. Platform companies have played a leading role creating new job opportunities, enhancing international competitiveness and promoting research on key technologies to help high-quality development, the administration said, adding it will work with relevant departments to launch typical investment cases for platform companies. (Source: Securities Daily)

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