Wheels of change bring a new route to convenience

Updated 2017-04-13 09:00:58 China Daily
“Riders

Riders in Kunming, Yunnan province, park shared bikes in April 2017.

Zhang Qiang, a 30-year-old engineer, was stunned when he saw that his bike, parked near a subway station in Beijing, was surrounded by fleets of internet-connected bicycles, which can be borrowed and returned with just a smartphone.

This is the Rainbow War as each bike company paints their products in orange, blue, yellow, green and other colors. Within just a year they have become a common sight in major cities.

But the rapid growth also spawns security concerns and worries that streets may be crowded with bicycles, just as Zhang witnessed. Several cities are rolling out policies to regulate the sector.

Wang Xiaofeng, CEO of Beijing Mobike Technology Co Ltd, and Dai Wei, CEO of ofo Inc, two arch rivals in the bike-sharing industry recently talked with China Daily, sharing their opinions on overseas expansion plans, government regulation and how the sector will reshape itself. Beloware the edited excerpts.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58September 24 2017 16:36:06

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16September 24 2017 16:36:06

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18September 24 2017 16:36:06

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords