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|SHENZHEN Authentic Kyle Palmieri Jersey , Aug. 24 (Xinhua) -- A set of tough measures wereannounced Thursday to regulate the bike-sharing market in SouthChina's metropolis of Shenzhen.
The city will suspend the addition of new shared bikes on itsroads and require companies to properly dispose of haphazardlyparked bikes within 30 minutes, according to the TransportCommission of Shenzhen Municipality.
The commission convened a meeting on Wednesday to deal withproblems in shared bike market.
If companies fail to respond to misplaced bikes, these bikeswill be confiscated, the regulation said.
China's sharing economy has been growing rapidly Authentic Drew Stafford Jersey , as seen in thebike-sharing craze. However, the booming industry has resulted inproblems including indiscriminate parking, illegal cycling, anddeposit risks.
Shenzhen has 10 bike-sharing companies operating around 890 Authentic Adam Henrique Jersey ,000bikes. It has joined Shanghai, Tianjin and other major cities toenforce tough regulations on the sector.
Around 70 bike-sharing brands are operating within China, withmore than 16 million shared bicycles on streets nationwide and over130 million users, according to the Ministry of Transport(MOT).
By scanning a bike's QR code with a smartphone Authentic John Moore Jersey , riders can pedalaway for as little as 0.5 yuan (7.4 U.S. cents). The services allowusers to pick up or drop off the bikes almost anywhere. Depositsvary between 99 and 299 yuan.
Among the regulations, Shenzhen requires all bikes to have smartlocks installed and each bike must receive maintenance and repairsevery two months.
Bike operators shall publish details of deposits through theirapps at the end of every month. Companies must pay personal injuryand third party liability insurances for their users, thecommission said.
Companies must properly handle complaints and other problemswithin two hours, said the commission. Enditem
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