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September 13, 2017

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Bike-sharing reaps harvest

CHINA’S bike-hire companies have 16 million bikes on streets and employ about 100,000 people, according to the State Information Center.

Each day around 50 million rides are taken, so each bike is used around three times on average, according to a report on the bike-hire industry the center released at an expo in Ningbo, east China’s Zhejiang Province.

At the end of June, there were 106 million shared bike users in China, taking up 14.1 percent of all Internet users.

The report said that of the 100,000 jobs, 70,000 were newly created during the first half of the year, about 1 percent of new jobs in urban areas during the period.

There are about 70 app-based bike-hire companies in China.

With leading market players such as Mobike and ofo expanding, both domestically and abroad, authorities have been firm in regulating the industry.

A guideline released in August stipulated that users must register under their real names, and providers are banned from offering services to children under the age of 12. Governments were advised to improve bike lanes to ensure safety for riders.


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