China Unveils 2026-2028 Platform Economy Plan, Targeting AI and Algorithm Transparency
Updated
Updated · CGTN · Jun 19
China Unveils 2026-2028 Platform Economy Plan, Targeting AI and Algorithm Transparency
1 articles · Updated · CGTN · Jun 19
Summary
Seven Chinese departments led by the MIIT issued a 2026-2028 action plan to coordinate development among large, medium-sized and small platform enterprises.
By 2028, the plan aims to raise cross-enterprise coordination, create replicable collaborative-innovation models and cultivate leading firms focused on specialized manufacturing niches within the platform economy.
Key measures include pushing platform companies to strengthen artificial intelligence innovation, expand technology and data sharing, and deepen governance of algorithms and traffic while improving algorithm transparency.
The plan comes as China says its platform economy is in a critical transformation and upgrade phase, with policymakers seeking closer integration of the digital and real economies during the 2026-2030 five-year period.
Can China's state-led plan for its platform economy truly unleash innovation, or will it ultimately stifle it?
Will China's new platform rules empower small businesses and workers, or just create a new form of state control?
With its AI models a fraction of the cost, is China's new strategy its final move to win the global tech race?
China's 2026–2028 Platform Economy Action Plan: Strategic Blueprint for AI Innovation, SME Empowerment, and Global Digital Competition
Overview
China is transforming its platform economy to meet new economic and social demands, driven by rapid technological and industrial changes. The 2026–2028 action plan, announced in June 2026, aims to build an innovative, inclusive, and transparent digital ecosystem. Key strategies include fostering collaborative innovation among enterprises, promoting widespread adoption of artificial intelligence, and mandating algorithm transparency. The plan also introduces AI One-Person Companies and requires leading platforms to open their technology and data to small and medium-sized enterprises, ensuring a more open and balanced digital economy for the future.