China hosting online platform for ride-sharing, cargo trucking

Robert Besser
22 Jan 2023, 20:09 GMT+10

China will launch a state-backed online platform for transport, which will offer ride-hailing, cargo trucking, road transport, railway, ferry and flight services
The newspaper added that the online platform, known as "Qiang Guo Jiao Tong" or "Powerful Nation's Transportation," has completed its internal trials
Before being reigned in by the Cyberspace Administration of China in 2021, Didi Global dominated China's ride-hailing market

BEIJING, China: State media Beijing Daily has reported that China will launch a state-backed online platform for transport, which will offer ride-hailing, cargo trucking, road transport, railway, ferry and flight services.

The newspaper added that the online platform, known as "Qiang Guo Jiao Tong" or "Powerful Nation's Transportation," has completed its internal trials and is expected to integrate more than 90 percent of the transportation market.

Before being reigned in by the Cyberspace Administration of China in 2021, Didi Global dominated China's ride-hailing market.

Also, after it took measures to ensure the security of data on the platform, the 18-month ban again Didi was lifted this week.

The report did not give details of why the government was introducing the platform, whether customers would be obliged to use it or whether it would compete with existing platforms.

The report alluded to the disorderly expansion of ride-hailing apps and issues of data security.

Beijing Daily reported that the platform will offer people convenient services, maintain data security, protect personal privacy, and integrate other social media apps, such as Wechat, Alipay and Douyin.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Middle East Star.

More Information

16 ℃

Mostly Cloudy in Dubai

International Business

Section

South Korean exports fall 2.7% in first 20 days in January

SEOUL, South Korea: Korea Customs Service data released this week showed that South Korean exports for the first 20 days ...

Ireland had highest EU budget surplus in third quarter 2022

DUBLIN, Ireland: Ireland reported a higher budget surplus than any other country among the 27-member European Union for the third ...

As yearly output declines, experts say US manufacturing in recession

WASHINGTON D.C.: Based on a range of measurements, US manufacturing could have entered a recession in the fourth quarter of ...

US Wolfspeed to build $2.17 billion chip factory in Germany

FRANKFURT, Germany: German media has reported that American power chipmaker Wolfspeed Inc is planning to build a factory in Germany, ...

Japan employers agree with prime minister to raise wages

TOKYO, Japan: More than half of major Japanese companies are planning to raise wages this year, after Prime Minister Fumio ...

Taiwan Q4 GDP plunges to lowest in 13 years

TAIPEI, Taiwan: Highlighting its worst performance in 13 years, Taiwan's trade-dependent economy contracted in the fourth quarter, affected by declining ...

International

Section