Britain: the center of global sharing economy in the future




As early as 2014, the British government announced that it would build the UK into a "global sharing economy center", and launched an independent investigation project to develop a road map and a series of supporting policies to achieve the development goals of the UK's sharing economy.


Matthew Hancock, Secretary of state for commerce and business at the UK Department of Commerce, said: "the sharing economy has great potential, so it is necessary to ensure that the UK is at the forefront and center of the sharing economy and is the birthplace of high-tech start-ups comparable to San Francisco."


Britain has a wide range of economic participation


According to Nesta research, the number of participants in the UK's sharing economy is 16 million, accounting for 25% of the UK's total population. According to UK business data, the number of UK service providers is 1.92 million, accounting for 3% of the total population of the UK. Whether from the perspective of participants or demanders, the sharing economy has a larger development space in the UK.


Britain's sharing economy will become a pillar industry


According to statistics, the UK's share economy reached 2.24 million pounds in 2013, accounting for 1.3% of the UK's GDP. It is estimated that in 2015, it will account for 15% of GDP, and the sharing economy will become the pillar industry of UK economic development in the future. This also reflects the original intention of the British government to attach great importance to the sharing economy.


Britain's sharing economy Unicorn has emerged


The UK's sharing economy is more prominent in the financial sector, followed by unicorns in travel, online employment, second-hand trading and other fields.



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