Caixin
Oct 27, 2015 05:48 PM

Proposals for Car-Hire Apps Seen as Obstacle for New Industry

(Beijing) – When the Ministry of Transport was reported to be working on rules for regulating car-hire mobile applications five months ago, both the companies running the apps and analysts expressed hope that clearer rules of the road were on the horizon for the new industry.

However, after the ministry released the draft regulations, many expressed concern the companies might not have any room to operate in China using their current business models, even though the apps have been embraced by urbanites.

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