There are 2.4 million rental bicycles in Beijing, and the city says enough is enough
China’s capital city is the 11th city to impose a moratorium on bicycle-renting services, preventing them from putting more vehicles on already chaotic roads.
Beijing’s municipal government has imposed a moratorium on the 15 bicycle-renting services and applications operating in the Chinese capital, barring them from putting any more vehicles on roads that are already choking with 2.4 million two-wheeled rental conveyances.
Local authorities of the city, with more than 20 million residents, said it would step up efforts to ensure rental bicycles are only parked in designated, approved spots, according to the government’s announcement posted on Weibo, a Twitter-like service.
The announcement makes Beijing the 11th city after Shanghai, Shenzhen, Guangzhou and others to tighten the leash around more than 40 bicycle-rental companies that have sprouted all over the country, with an estimated 16 million rental bicycles in Chinese cities, according to the transport authority.
The service is the latest to have taken over China’s “sharing economy,” a business model built around smartphone-enabled applications that shared resources from bicycles to prams and even battery chargers and umbrellas.