Governance and development of global digital platforms in the wave of the digital age differences between the United States and China

Abstract

Platform economy exists as a special form of DE, which is characterized by disruptive innovation, multilateral market, cross-border competition and the ability of online and physical integration. Global digital platforms are mainly concentrated in the largest developed economy, the United States, the largest developing economy, China and other regions: basically also dominated by GAFA (google, amazon, Facebook, Apple). 2020 COVID-19 become an important factor to promote the further development of the digital economy (platform economy). In the era of digital economy, China and the United States, as the leaders of digital economy, continue to refresh the scale and development trend of digital economy. China and the United States, as the world's two largest economies, both have huge platform economies. Although they are similar to some extent, there are some significant differences between them. They have different understandings and categorizations of their platform economies. Differences in governance and regulatory models have led to different business models and regulatory environments in their countries, with implications for the future of the global platform economy. Technology is the key to human progress. Looking at the history of human economic growth for more than 200 years, from the steam engine to the invention of electricity to information technology today, every major general technological change has brought about the re-optimization of resource allocation. Looking at the history of human economic growth for more than 200 years, from the steam engine to the invention of electricity to information technology today, every major general technological change has brought about the re-optimization of resource allocation and continued economic prosperity. The digital economy is also having a profound impact on the economic and social actors, with the result that the digital economy has become an important part of the economy