
Safety Net for the Gig Economy: China’s Tech Giants Pledge Billion-Yuan Debt Relief
China's leading internet finance firms, including Ant Group and Tencent, have launched a self-regulatory initiative to provide 1.5 billion RMB in annual debt relief and preferential lending for gig workers and small businesses. The framework emphasizes social responsibility and data-sharing to prevent debt spirals, marking a new phase in the regulation of the country's digital credit sector.


















