The State Administration of Market Regulation issued the “Action Plan to Promote Platform Enterprises to Empower the Development of Individual Businesses”

The Zhitong Finance App learned that recently, the State Administration of Market Regulation issued the “Action Plan to Promote Platform Enterprises to Empower the Development of Individual Businesses”. The “Action Plan” lays out five areas of special operations. The first is to carry out startup support activities. Strengthen support for individual businesses newly entering the platform, facilitate business entry, and reduce operating costs. The second is to carry out key nurturing actions. Build a “famous, excellent and new” gold sign, guide platform enterprises to connect resources, and support the development of local characteristic industries. The third is to carry out actions to enhance capacity. Strengthen publicity and skills training on policies and regulations, guide individual businesses to abide by the law and operate in compliance with the law, and enhance market competitiveness. Fourth, carry out digital empowerment actions. Encourage platform companies to launch more lightweight and low-cost digital operation tools to reduce the operating burden on individual businesses. The fifth is to carry out innovative demonstration actions. Encourage all regions to launch a package of measures to support the online development of individual businesses in line with actual practice, and make good use of carrier platforms such as the “National Individual Business Development Network”.

The original text is as follows:

The General Administration of Market Regulation lays out actions to promote platform enterprises to empower individual businesses to develop (read with a picture)

Recently, the General Administration of Market Regulation issued the “Action Plan to Promote Platform Enterprises to Empower the Development of Individual Businesses” (hereinafter referred to as the “Action Plan”). The “Action Plan” adheres to Xi Jinping's ideology of socialism with Chinese characteristics in the new era, fully implements the decisions and arrangements of the Party Central Committee and the State Council to promote the growth of private economic development, integrates and leverages the strengths of market supervisory authorities, platform enterprises, etc., and empowers the development of individual businesses on a large scale and strength.

The “Action Plan” proposes that by the end of 2027, a “batch of five” work results will be formed on a rolling basis, that is, launching a batch of accurate “drip irrigation” support measures, cultivating a group of high-quality merchants with distinctive characteristics, transformation and development, customizing a batch of effective, vivid and practical training courses to “quench your thirst”, build a number of digitally empowered, tangible and sensible application scenarios, and select a number of typical examples of innovation, integration, learnable and appreciable, and explore long-term practical paths for building platform enterprises to empower the development of individual businesses.

The “Action Plan” lays out five areas of special operations. The first is to carry out startup support activities. Strengthen support for individual businesses newly entering the platform, facilitate business entry, and reduce operating costs. The second is to carry out key nurturing actions. Build a “famous, excellent and new” gold sign, guide platform enterprises to connect resources, and support the development of local characteristic industries. The third is to carry out actions to enhance capacity. Strengthen publicity and skills training on policies and regulations, guide individual businesses to abide by the law and operate in compliance with the law, and enhance market competitiveness. Fourth, carry out digital empowerment actions. Encourage platform companies to launch more lightweight and low-cost digital operation tools to reduce the operating burden on individual businesses. The fifth is to carry out innovative demonstration actions. Encourage all regions to launch a package of measures to support the online development of individual businesses in line with actual practice, and make good use of carrier platforms such as the “National Individual Business Development Network”.

The “Action Plan” requires market supervisory authorities at all levels to strengthen coordination, explore practical measures according to local conditions, strengthen work guidance, summary and publicity, and create a good atmosphere of common concern and support for the development of individual businesses.

This article was selected from the WeChat account “The City Speaks New Words”, Zhitong Finance Editor: Xu Wenqiang.