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Premier: Internet Plus a boost to Chinese economy

Updated: Mar 20,2018 5:07 PM     Xinhua

BEIJING — The Internet Plus has played an important role in ensuring the steady growth of China’s economy, Premier Li Keqiang said on March 20.

The Internet Plus model has created new growth drivers, and made the largest platform for the sharing economy, giving opportunities for people to pursue entrepreneurship and innovation, Premier Li said at a news conference after the conclusion of the annual legislative session.

He also mentioned that China should maximize the benefits while addressing the possible defects of the Internet Plus while taking “a prudent yet accommodative approach” toward the supervision of the Internet Plus.

Premier Li added that some new policies will be adopted, such as improving the conditions on the Chinese mainland to let the Chinese internet companies, which got listed overseas, return to the A-share market.

More preferable conditions, in accordance to the law, will also be created to encourage the mainland innovation-based companies to get listed in the mainland market.

China will further apply smart technologies to education, healthcare and other service sectors to achieve fast and sound growth of the digital economy, he said.