Local authorities in Beijing have promised to stop the 15 bicycle rental companies adding any more bikes to the city’s already cramped roads and pavements.
This makes Beijing, which is estimated to have 2.4 million shared rental bikes, the 11th Chinese city after Shanghai, Shenzhen and Guangzhou to make such a move.
There is an estimated 16 million shared bicycles in China as a whole, according to the Transport Authority.
On its post on Weibo this week, the Beijing Municipal Government also promised to step up efforts to ensure the multicolored conveniences are only parked in approved spots.
Most of the smart phone enabled share bikes run on a ride-anywhere, park-anywhere business model, meaning popular areas become littered with abandoned vehicles.
The bicycles are just the latest craze in China’s sharing economy, which has also seen shared umbrellas, phone chargers and even prams.
The growth of the bicycle rental market has been particularly sharp, however, with 106 million people across China using such services, according to the China Internet Network Information Center.
The two leaders are, of course, Tencent’s orange Mobike company and Alibaba Group’s yellow Ofo.
The year just gone was packed with happenings, big and small, in China. Some were good, but a whole lot were bad. Let’s have a look at China’s big news events of 2017.
International tourists transiting through Beijing can now enjoy visa-free stopovers of up to six days.
US coffee giants Starbucks is opening a new store in China every 15 hours.
Much of China’s table tissues and toilet paper do not meet minimum safety standards, according to a government-led survey.
Katy Perry will be absent from today’s Victoria’s Secret Fashion Show in Shanghai as the Chinese authorities denied her a visa, reportedly because she has shown support for Taiwanese independence.
Alibaba’s Double 11 shopping frenzy broke last year’s record at the half way mark, bringing in a total of RMB 168.2 billion (USD 25 billion).
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