Analysis on the Challenges and Countermeasures of Chinas Sharing Economy

Abstract

The sharing economy has attracted much attention in China in recent years. The sharing economy has significant development significance and good development prospects for Chinas overall economic development. On the other hand, there are still many problems in the domestic sharing economy system, and continuous efforts should be made to promote the orderly and healthy development of the sharing economy. However, it cannot be ignored that China has perfected the existing defects of the sharing economy and promoted its use. It will surely inject great optimism into Chinas economic development. The research theme of this article is to discover the challenges facing the development of Chinas sharing economy and find strategies to deal with them. The research method of this paper is literature analysis, and the research conclusion of this paper is that the challenges faced by the domestic sharing economy are, respectively, an imperfect social system, a great conflict with the traditional economy, and a regulation of the sharing economy that needs to be improved. The corresponding strategies are: first, to improve Chinas per capita quality level; second, to improve the social credit information system; and third, to improve the supervision system of the sharing economy.