China to Better Enforce Antitrust Law

The video discusses Beijing's policy priorities for 2021, focusing on strengthening law enforcement against monopolistic practices, especially in new sectors like platform companies and the sharing economy. It highlights the regulation of consumer data. Additionally, Xi Jinping emphasizes the importance of intellectual property rights as part of a national strategy for quality development and national security, addressing concerns of both foreign and domestic companies regarding IP theft.

What is the significance of regulating consumer data and its use in the context of the sharing economy?

In what ways are small and private enterprises in China affected by intellectual property issues?