Growing industry needs regulation
By Sun Xiaochen | China Daily | Updated: 2013-08-06 06:48
The emerging bicycle rental industry is in urgent need of industry standards and unified management.
With the bike rental market growing rapidly thanks to the growing interest in amateur cycling around Qinghai Lake, more than 20 riding clubs have commenced operation in Xihai township since 2006, contributing to local economic growth.
However, the lack of regulations has raised concerns that illegal practices, customers being ripped off and safety loopholes could damage the growing industry.
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