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China has taken a major step toward regulating the rapidly expanding gig economy by unveiling a comprehensive policy targeting "involution-style" competition and practices that infringe upon the legitimate rights and interests of the country's new employment groups.
Profits at China's major industrial firms maintained solid growth in the first quarter despite a complex economic environment, with equipment manufacturing and high-tech sectors reporting strong gains, official data showed on Monday.
Infographic:
A look at China's economy in Q1 of 2026
