综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Industries

Boost for taxi sector reform

(CHina Daily) Updated: 2015-09-17 10:18

Hangzhou's plan to refund nearly 100 million yuan ($15.73 million) to taxi drivers is a welcome move to embrace Internet-based advanced technology that could help make this beautiful city in East China's Zhejiang province not only smart but also economically competitive. This is an example other local governments will do good to follow.

The rising popularity of taxi-hailing apps has added to the difficulties of taxi drivers in many Chinese cities. While cabbies still have to hand a handsome part of the money they earn to the companies they are registered with as taxi franchise fees and operation fees, the emergence of taxi-hailing apps has challenged the long-established taxi service cartel by giving passengers access to a larger pool of private vehicles.

To address their woes, local governments have to choose between the old policies governing the taxi service sector and swimming with tide to apply advanced Internet technology. To break the existing monopoly of taxi management companies and usher in market reforms, however, they have to go with the latter.

Most previous cabbies' demands for reduction in the fees collected by their companies have failed to highlight how deeply entrenched vested interests are in the sector.

But since Didi Kuaidi, the Chinese rival to Uber, a taxi-hailing app that is currently valued at $15 billion, has disturbed the status quo in the taxi service sector, some local governments seem ready to adapt to Internet technology.

The fact that online retail sales soared 48.7 percent in the first half of this year despite the broader-than-expected economic slowdown speaks volumes about the great potential of Internet-based businesses in China.

Hangzhou has made a smart move to help the local taxi service sector adapt to the fast-changing technological reality and break the taxi management companies' monopoly.

Hot Topics

Editor's Picks
...
丰宁| 象山县| 长垣县| 千阳县| 宿松县| 岐山县| 乌恰县| 枝江市| 堆龙德庆县| 比如县| 大连市| 疏附县| 岱山县| 麟游县| 堆龙德庆县| 赣榆县| 保靖县| 香格里拉县| 观塘区| 称多县| 凤山县| 合肥市| 夏津县| 大同市| 舞阳县| 越西县| 炉霍县| 弥勒县| 镇康县| 平远县| 霍山县| 二连浩特市| 岗巴县| 阿城市| 沁源县| 金乡县| 永德县| 榆中县| 天全县| 宿松县| 巴彦县|