Xi Jinping: Promote the healthy development of China's digit...

Xi Jinping: Promote the healthy development of China's digital economy and prevent platform monopoly and disorderly expansion of capital

$Alibaba (BABA.US)$ $DiDi Global (Delisted) (DIDI.US)$ $Meituan ADR (MPNGY.US)$ Chinese President Xi Jinping said that it is necessary to grasp the trends and laws of the development of the digital economy to promote the healthy development of China's digital economy. It is necessary to correct and standardize behaviors and practices that harm the interests of the masses and hinder fair competition in the development process, prevent platform monopoly and disorderly expansion of capital, and investigate and deal with monopoly and unfair competition in accordance with the law.

Article excerpted from Reuters Financial Morning Post