The market turnover of China's sharing economy stood at around 3.38 trillion yuan ($520 billion) in 2020, up 2.9 percent year on year, a recent report from the country's State Information Center (SIC) showed.
Disrupted by the COVID-19 pandemic, the market size of sharing economy forms involving offline activities, including shared transport, shared accommodation, and shared office, declined.
Sharing economy in the areas of knowledge and skill, health care as well as production capacity, meanwhile, saw substantial market expansion, with year-on-year growth rates reaching 30.9 percent, 27.8 percent, and 17.8 percent respectively, said the report on the development of China's sharing economy.
Internet-based sharing of health care, which features efficiency and convenience, has benefited a great number of people amid the COVID-19 pandemic.
A citizen surnamed Wang in Dalian, northeast China's Liaoning province, who had trouble sleeping after the COVID-19 outbreak, experienced in person the advantages of online health care while consulting doctors via a mini-program on WeChat.
After typing in a description of her condition and making online payment, she received messages or calls from the doctors, and purchased medicine on prescription online, according to the citizen. After some time, her condition got a lot better.
The rapid expansion of new business forms and models of shared services and consumption has played a key role in effectively satisfying the daily needs of residents, restoring the domestic service industry and consumer market, and ensuring the steady recovery of the economy.
Besides shared services and consumption, shared manufacturing based on industrial Internet has also entered a new stage of development.
Read More at http://en.people.cn/n3/2021/0325/c90000-9832606.html
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