Shar­ing Econ­omy in Full Swing

China Today (English) - - INTERNATIONAL INTERACTION -

This new model of how cars are used is be­com­ing pop­u­lar. In Fe­bru­ary 2017, Atzuche, one of its com­peti­tors, raised nearly RMB 400 mil­lion of fund­ing.

In the last cou­ple of years, the shar­ing econ­omy has sig­nif­i­cantly changed our ev­ery­day lives in terms of cloth­ing, food, hous­ing, and trans­porta­tion. Take trans­porta­tion for ex­am­ple. Didi Chux­ing, a ride-hail­ing app, has made daily trips to work more con­ve­nient and the bi­cy­cle- shar­ing service has made the first and last kilo­me­ter of a com­mute a more pleas­ant ex­pe­ri­ence.

Ac­cord­ing to a re­port re­leased by the Shar­ing Econ­omy Re­search Cen­ter un­der the State In­for­ma­tion Cen­ter, China’s shar­ing econ­omy sec­tor saw deals

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