Pros and Cons of China’s Platform Economy

Yanwei Sha

Abstract


The situation of people telecommuting and online-working/studying has become the new norms, and it encourages the platform economy in China to develop to a new level. In this circumstance under global epidemic, quite a few industries take advantage of people voluntarily or involuntarily relying on digital media and shift their business focus mainly on digital platforms. Therefore, a innovative economic model is born. China’s platform economy offers a new possibility of living a digital life during COVID-19; furthermore, the deeper meaning reveals as promoting China’s economy by analyzing its pros, and through understanding the cons to obtain a more complete system.


Keywords


Platform Economy; Gig Economy; Network Effects; Two-Sides Market; Ride-Hailing Platform

Full Text:

PDF

References


Seppo Poutanen, Anne Kovalainen, and Petri Rouvinen. 2021. Digital Work and the Platform Economy : Understanding Tasks, Skills and Capabilities in the New Era. Routledge Studies in Innovation, Organization and Technology. Routledge, Taylor & Francis Group.

Milosevic, Dragan, Dejan Ilic, and Jovanka Popovic. 2021. “Trends Analysis in Gig Economy.” Journal of Economic Development, Environment & People 10 (3): 50–59. doi:10.26458/ jedep.v10i3.702.

Hinz, O., Otter, T., & Skiera, B. (2020). Estimating Network Effects in Two-Sided Markets. Journal of Management Information Systems, 37(1), 12–38.

The latest! Online car insurance renewal difficult! Several insurance companies refused to cover ride-hailing! (2021). Tencent News, 2021. Available from https://new.qq.com/omn/ 20211125/ 20211125A07H4800.html

Ride-hailing driver hits passengers, injuring 4! The truth is infuriating. Tencent News, 2020. https:// new.qq.com/rain/a/ 20200724A0OIZO

D. O’Sullivan. Half a billion Facebook users’ information posted n hacking website, cyber experts say. CNN Business, 2021. Available from https://edition.cnn.com/2021/04/04/tech/facebook-user-info-leaked/index.html.

Investigation Report on Occupational Injuries of Online delivery workers in Beijing. Beijing Yilian Labor Law Assistance and Research Center, 2020. Available from https://www.beijinglawyers.org.cn/ cac/1513921577548.htm.




DOI: https://doi.org/10.18686/mcs.v4i2.1487

Refbacks

  • There are currently no refbacks.