China's sharing economy up 11.6 pct in 2019, but growth slowing
China.org.cn by Zhang Weilan,April 28, 2020 Adjust font size:
China's sharing economy experienced major adjustments in 2019. The State Information Center indicated that the growth of the country's sharing economy were weighed down by factors such as increasing downward pressure on both the Chinese and world economy. The sharing economy achieved 3.28 trillion yuan (US$463.53 billion) of transactions in 2019, which was a 11.6 percent increase year-on-year.