This book explores the social and economic impact of the sharing economy- of taxis, apartments, and other goods and services- in China, and how the sharing economy can allow for supply-side economic reform. The sharing economy is in the ascendant in China, and significant achievements have been made in innovation in leasing, travel and other fields. This book predicts that this economic tide, which has affected hundreds of millions of people, will inject a powerful new momentum into China's economic growth, help China's economy achieve "power conversion" and turn the service industry into the "main engine" of economic growth. This book will interest China watchers, economists, and scholars of the technology sector.

Tencent Research Institute is a social science research institute set up by Tencent. It aims to promote the healthy and orderly development of the Internet industry by relying on Tencent's diversified products, abundant cases and massive data, focusing on the industrial development, and gathering wisdom from all walks of life through an open and cooperative research platform. Focusing on the research directions of Internet law, public policy, Internet economy and big data, TRI has developed diversified cooperation with research institutions and think tanks at home and abroad, and continuously launched data and reports for the Internet industry, providing strong research support for academic research, industrial development and policy formulation. TRI adheres to an open, inclusive and forward-looking research perspective, and strive to become a research platform for the convergence of modern science and technology and social humanities.