Zhong Shanshan, founder of Nongfu Spring, said in a recent post on WeChat's circle of friends that farmers across the country and the entire traditional industry are working for Internet platforms.
Zhong said all Internet platforms are, to a greater or lesser extent, strong economic power holding companies.
This posting was accompanied by a table on the ranking of Internet companies by revenue and profit in 2024, including Kingsoft Office, KE Holdings and SenseTime, with profit margins ranging from 32.12% to -113.41%.
In his view, the essence of market economic order and national prosperity is that small people have small profits and small businesses have small profits, rather than only the macro profits of powerful economies.
Therefore, he called on the Chinese market regulator to standardize the rules of market service charges and make public the standards and rules and norms of charges.
Zhong, who heads China's largest bottled water company, has repeatedly criticised Internet platform companies.
Early in the morning of January 17, Zhong sent three moments on WeChat to "blast" four major e-commerce platforms.
He called the four major e-commerce platform for "the meat grinder of China's economy", but did not specifically point out which four platforms.
In November last year, during a visit to the naval orange industrial park in Gannan, Jiangxi province, Zhong called out ByteDance founder Zhang Yiming, criticizing the "evil" of the algorithm, and also said that Pinduoduo's pricing system damage to China's brands and China's industry.
It's worth noting that the growth of China's Internet platform companies has spawned billionaires like Zhang Yiming and Pinduoduo founder Colin Huang.
Zhang is China's richest man and 24th globally with $57.5 billion, according to Bloomberg's real-time list of billionaires.
And Zhong, who unloaded his richest man halo, is listed as China's third richest man with $54.8 billion, behind Tencent's Pony Ma.
In addition, Pinduoduo's Huang is ranked one place behind Zhong with a fortune of $42 billion.
In fact, with the rise of the Internet, the platform economy came into being, and all kinds of problems are inevitable in the process of development and growth.
However, as an important part of the real economy, how to develop the platform economy healthily and how to promote strengths and avoid weaknesses still need to work together with the government and enterprises to deal with it.
