A set of industry standards were released Wednesday to regulate China's booming bike-sharing industry.

 

本周三，中国公布一套规范共享单车市场的行业标准。

 

Shanghai and Tianjin have drafted regulations to take effect on Oct. 1, after taking advice from bicycle manufacturers and bike-sharers.

 

Bike-sharing companies, including Mobike and Ofo, will adhere to standards on production, operation, and maintenance of shared bikes.

 

The regulations specify¹ a service life of three years for all such bikes and demand companies hire at least one maintenance employee for every 200 bikes.

 

The rules also regulate management of deposits, handling of customer complaints and compensation for users.

 

More than 10 million shared bikes are on the streets of Chinese cities, operated by over 30 companies. Between them, Mobike and Ofo take up more than 90 percent of the market.

 

According to China's E-commerce Research Center, there were 18.86 million people using shared bikes at the end of last year, compared with 2.45 million in 2015.

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