Xinhua News Agency Commentary: Looking forward to the establishment of a healthy competition pattern in the food delivery market.

Xinhua News Agency reported that recently, the State Administration for Market Regulation held discussions with the three platform companies, Ele.me (Alibaba's food delivery platform), Meituan (Chinese e-commerce platform), and JD.com, requesting further regulation of promotional activities and rational participation in competition. The goal is to build a harmonious ecosystem where consumers, merchants, food delivery riders, and platform companies can all benefit, promoting the standardized and healthy development of the catering service industry. The central government has clearly stated the need to promote the standardized, healthy, and orderly development of the platform economy. Behind the prosperous development of the food delivery market, platforms need to cherish market opportunities, break monopolies and vicious competition, and stimulate market vitality through orderly competition. This is in line with market laws and economic principles for rational and healthy development. Only under a more positive competition situation can a more resilient, dynamic, and sustainable service consumption ecosystem be fostered.