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.
According to a recent report of broadband internet speeds across 189 different countries, China stands at an embarrassing 134th place, right between Iran and Mauritania.
Over 30 percent of Chinese internet users believe that China will completely transform into to a cashless society in the next 10 years, according to a report released by the market research firm YouGov earlier this month.
Apple has pulled as many as 60 Virtual Private Network (VPN) providers from its China App Store, making free internet access harder for Chinese citizens.
Part of an effort to attract more foreign talent, Chongqing creates new policy for gaining permanent residence in the city.
A Chinese woman who underwent plastic surgery to change her looks in order to avoid paying her debts has been apprehended by police.
Animal loving netizens are up in arms after a video emerged showing panda handlers in Chengdu, Sichuan Province, allegedly abusing cubs.
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