• Home
  • Contact Us!
  • Privacy Policy

Radio Metta

  • Home
  • Business
  • Education
  • Health
  • Home Deco
  • News
  • Real Estate
  • Technology
  • Contact Us!
  • Privacy Policy
Home» Business»China clears way for legal Uber, Didi Chuxing ride hailing

China clears way for legal Uber, Didi Chuxing ride hailing

Saheli 01 Aug 2016 Business Comments Off on China clears way for legal Uber, Didi Chuxing ride hailing 231 Views

The Chinese government issued nationwide ride-hailing regulations that will allow companies that include Uber and its Chinese counterpart Didi Chuxing to legally operate in the country.

The new rules, which will take effect Nov. 1, require that companies and their drivers apply for and receive licenses through the government. The rules require drivers to have three years’ experience and have no criminal record. Vehicles with more than 370,000 miles on the odometer are not permitted.

The rules forbid companies from operating below cost, ruling out battles similar to last year’s between Uber and Didi.

Ride-hailing companies in China have been operating in a legal gray area, with some local-level regulatory laws but none that covered the country.

A draft of the regulation would have required ride-hailing companies to work like traditional taxi companies, including government-set fares and other limitations.

China Vice Minister of Transport Liu Xiaoming said regulators decided on the looser rules after getting input from industry stakeholders.

“This was partly in respect of the public’s opinion,” he said.

Both companies said they welcomed the new regulations:

This is a welcome step in a country that has consistently shown itself to be forward-thinking when it comes to innovation,” Uber said.

“We believe the Rules reflect the government’s open-minded regulatory approach to the mobile car-hailing industry in the broader context of the sharing economy,” Didi said.

[Source:- UPI]

China Chuxing clears Didi for hailing Legal ride Uber way 2016-08-01
Tags China Chuxing clears Didi for hailing Legal ride Uber way
Facebook Twitter Stumble linkedin Pinterest More

Authors

Posted by : Saheli
Previous Article :

Law on lines of SC/ST Atrocities Act for Muslims should be enacted, says Maharashtra SP Chief

Next Article :

Conoco sees production falter after Canadian fires

Related Articles

Step up: Tips for organizations from the FTC’s settlement with Genshin Effect designer HoYoverse

Step up: Tips for organizations from the FTC’s settlement with Genshin Effect designer HoYoverse

admin 07 Feb 2025
The main 3 showcasing challenges for independent companies (and how mechanization can tackle them)

The main 3 showcasing challenges for independent companies (and how mechanization can tackle them)

admin 24 Sep 2024
The most effective method to Begin a Blog (and Bring in Cash) in 6 Stages: Simple Fledgling’s Aide

The most effective method to Begin a Blog (and Bring in Cash) in 6 Stages: Simple Fledgling’s Aide

admin 19 Sep 2024

Latest Post

Cross-skilling: How to maintain government efficiency amidst change
Technology

Cross-skilling: How to maintain government efficiency amidst change

admin 21 May 2025
Our comprehensive list of 135 topics for real estate blogs
Real Estate

Our comprehensive list of 135 topics for real estate blogs

admin 13 May 2025
Why some houses sell more quickly than others
Real Estate

Why some houses sell more quickly than others

admin 07 May 2025
Get AI Ready — What IT Leaders Need to Know and Do
Technology

Get AI Ready — What IT Leaders Need to Know and Do

admin 22 Apr 2025
Job Prospects in Real Estate: Is Real Estate a Good Career Path?
Real Estate

Job Prospects in Real Estate: Is Real Estate a Good Career Path?

admin 12 Apr 2025

Creating Spaces: Decor for Every Room in Your Home

admin 05 Apr 2025
Tips for staying safe online and tracking scams
Technology

Tips for staying safe online and tracking scams

admin 01 Apr 2025
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    
  • Home
  • Contact Us!
  • Privacy Policy
Copyright 2016, All Rights Reserved
Magazine Blog News WordPress Theme