Research Article

RETRACTED: Sharing Economy and New Business Model Development Based on Internet of Things Big Data

Table 1

Market size of key areas of China’s sharing economy in 2017.

FieldTransaction volume (100 million yuan)Growth rate (%)

Knowledge skills138225.4
Coworking11027.3
Shared medical care5629.9
Domestic services1292437.9
Shared accommodation12043.6
Transportation201040.8