Cities ban expansion of bike-sharing fleets
The brakes are being applied to China's bike-sharing craze because it’s causing parking chaos, traffic congestion and is a safety hazard.
Bans on expanding cycle fleets in Beijing, Shanghai, Shenzhen, Wuhan and Guangzhou, as well as eight other cities, have been announced by local authorities.
In the capital alone, there are 2.35 million shared bikes run by 15 companies with stacked parking on pavements and at road crossings causing havoc for pedestrians.
By July, major Chinese cities had reached a saturation point. There were up to 70 bike-sharing brands with 16 million cycles on the streets for a customer base of about 130 million, figures from the Ministry of Transport revealed in the summer.
Earlier last month, the capital's transportation management authority prohibited an increase of shared bikes on its roads.Another 12 cities followed suit, forcing the main players to consider expanding to untapped markets across the country, as well as abroad.
Horses gallop on Chifeng city’s Bashang pasture in North China’s Inner Mongolia autonomous region on Sept 28.