Hey there, digital fam! 📱 Ever wondered how those app prices are set on your favourite platforms? The Chinese mainland authorities have just rolled out a draft regulation on platform economy pricing, and they want YOU to weigh in!
The draft, issued by the National Development and Reform Commission (the Chinese mainland's top economic planner), the State Administration for Market Regulation and the Cyberspace Administration of China, puts clear rules in place. Platforms offering everything from food delivery to ride-hailing must display prices or service charges upfront, avoid unannounced fees, and keep competition fair. Think of a Meituan food order with zero extra surprises! 🍜🚗
Why does this matter? A transparent pricing mechanism means you can budget for your Grab rides or Lazada hauls without last-minute shocks. In fast-moving markets across South and Southeast Asia – where we juggle e-wallets like Paytm, GCash and GoPay – clear labels build trust and cut costs. 💸
Even better? The draft is open for public feedback until next month. Your insights – whether you’re a student in Dhaka or a startup founder in Jakarta – can shape the final rules. It’s a rare chance to influence how platforms quote prices across the Chinese mainland’s massive digital economy. 🗣️
Ready to have your say? Submit your feedback via the official NDRC channel before the deadline. Together, we can help build a fair, transparent and user-friendly digital economy! ✨
Reference(s):
cgtn.com
