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Abstract Since written into 13th FiveYear development plan by the government in 2015, sharing economy has achieved rapid development, but also caused a lively discussion of the industry and academia. This paper combs the recent research results, summarizes the development of economy at home and abroad in recent years, and analyzes the operation logic, mode and boundary of sharing economy. This paper argues that the logic of sharing economic operation lies in the reduction of transaction costs, the communication of both sides of the communication platform, and the matching of supply and demand of P2P.It is a typical bilateral market. Different from the traditional four business models, it's models is P2P, B2C, C2B.The border of the share economy is that the cost of market transactions is higher than the intrinsic transaction costs of the enterprise. Finally, the prospect of the development of China's sharing economy is given.
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