Shared bikes perfect example of win-win mode of transport
7 years, 11 months ago

Shared bikes perfect example of win-win mode of transport

China Daily  

People ride shared bikes along the Chang'an Avenue of Beijing on March 10, 2017. To reduce traffic pressure and prevent further environmental damage, many cities' authorities have urged the local people to reduce the use of cars and ride bikes instead. In Beijing, for example, the authorities have announced that till November 2018 people buying bikes will get a 10 percent subsidy-to a maximum of 800 yuan -on the retail price. The number of people using bikes for commuting to and from work had been on the decline for many years before bike-sharing service companies entered the market. By adopting internet-based services, the bike-sharing startups have "killed many birds with one stone": Although they may make profits only in the future, they have met the public's demand for bikes, helped the government reduce pollution, and saved taxpayers' money.

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