Beijing will set the upper limit of the number of shared bikes in the city in May, said an leading official of the rent department of the Beijing Municipal Commission of Transport on April 26.
The official said since August 2016, shared bikes have been boosting. For the present, the city has nearly 700,000 shared bikes and nearly 11 million registered users that account for nearly half of the city’s population. There are 7 million people riding a shared bike every day. But 700,000 has not yet reached the upper limit. A preliminary conclusion will come out in May and will be adjusted according to demands of both users and providers.
Senior engineer of the Beijing Municipal City Planning Design Institute, professor Gai Chunying said, bike traffic volume has increased by 30 percent since the shared bikes hit the road. A shared bike is also an encourage for cycling by a private bike. More bike traffic volume means less traffic volume of other means of transport, that is a favor for easing congestion.