Friday China legalizes online car-riding services
Starting November 1, online car-riding services can operate lawfully in China, the world’s largest ride-hailing market.
Uber Technologies Inc, Didi Chuxing and Yidao Yongche are battling for customers in hundreds of Chinese cities, but they have operated in a gray area of the law.
The new regulation released on Thursday by the Ministry of Transport says that private cars can be designated car-hailing cars after they meet criteria, including having no more than seven seats, be equipped with GPS and emergency alarm devices.
All drivers must register with local taxi regulators and cannot have criminal records. Cars used in car-hailing services will be required to stop offering rides after eight years, and they will be forced to retire after running 600,000 kilometers (373,000 miles).