Chinese Vice Premier Liu He said today (17th) that it is necessary to properly handle the relationship between the government and the market, and to fight the tough battle for key core technologies.

According to a CCTV news report, the National Committee of the Chinese People's Political Consultative Conference held a special consultation meeting on "Promoting the Sustainable and Healthy Development of the Digital Economy" in Beijing today. Zhang Qingli, vice chairman of the Chinese National Committee of the Chinese People's Political Consultative Conference, presided over the meeting. Liu He and Wang Yang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference, attended the meeting and delivered speeches.

Liu He said that the global digital economy is showing new features such as intelligence, quantization, and crossborder integration. It is necessary to strive to adapt to the allround changes brought about by the digital economy, fight the battle for key core technologies, and support the sustainable and healthy development of the platform economy and the private economy. , handle the relationship between the government and the market, support digital companies to list in domestic and foreign capital markets, promote competition through openness, and promote innovation through competition.

At the meeting, Wang Yang emphasized that it is necessary to earnestly study and understand the important expositions of the General Secretary of the Communist Party of China Xi Jinping on the development of the digital economy, scientifically study the situation, enhance development confidence, dialectically view and coordinate the relationship between development and security, and continue to strengthen and improve digital economy. economy, make it better serve and integrate into the new development pattern, and promote highquality development.

Nearly 100 members of the National Committee of the Chinese People's Political Consultative Conference attended the meeting, and more than 140 members expressed their opinions through the member performance platform. The members believe that it is necessary to give full play to the advantages of the new national system and the superlarge market, strengthen key and core technology research, and master the autonomy of the development of the digital economy; it is necessary to promote the deep integration of the digital economy and the real economy, guide the digital transformation of small and mediumsized enterprises, and promote the new generation of information. Technology empowers equipment, assigns value to enterprises, and empowers industries; it is necessary to clarify rights such as data ownership, right to use, right to operate, and right to profit, and to stimulate innovation and vitality of enterprises on the basis of ensuring national network and data security; to encourage the digital economy International cooperation and active participation in the global digital governance process.

The meeting was seen as the latest sign that Beijing wants to ease its crackdown on the tech sector after an official crackdown on internet companies over the past year has battered the valuations of nearly all big tech companies. Investors are closely watching whether the meeting will reveal more policy signals in areas such as Internet regulation.