Platform players leading way in innovation, jobs

Tencent, Alibaba among internet giants driving development

Referring to a batch of notable investment cases involving leading internet firms like Tencent Holdings and Alibaba Group, the nation's top data administration highlighted on Thursday the important role played by platform companies in leveraging investment to drive development, jobs and innovation.

The cases were unveiled by the National Data Administration as a move to further drive China's platform economy.

The administration, which was officially inaugurated in October for the coordination of data infrastructure and resources, is now under the National Development and Reform Commission — China's top economic regulator.