China will promote platform economy to stabilise jobs, cabinet says

[April 27, 2022]  BEIJING (Reuters) - China will promote the development of its platform economy to create more jobs, the State Council, the country's cabinet, said on Wednesday according to state TV.

A giant screen shows news footage of Chinese Premier Li Keqiang attending a video conference during an EU-China summit, in Beijing, China, April 1, 2022. REUTERS/Tingshu Wang

China will also tackle bottlenecks in supply chains affected by COVID by easing congestion at ports and airports and restoring delivery services, according to a State Council meeting chaired by Premier Li Keqiang.

From May 1 till the end of the year, China will exempt delivery firms' revenues from value-added tax, it added.

(Reporting by Stella Qiu and Ryan Woo; Editing by Andrew Heavens)

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