Rising concerns over the shared bikes phenomenon in China

Reporter: Lu Sirui

Over the past year, the shared-bike industry has refilled China's streets with tens of millions of colorful bicycles, leaving the world amazed by the return of the bicycle kingdom. But business insiders are quick to point out despite the phenomenon, with too many competitors trying to grab a market share for themselves, the current city plans may deter a further growth of the industry. For this, they call on the bike-sharing companies and the local governments to join hands in meeting transportation needs while striving to protect the environment and boost the industry in a more sustainable way.

CRI's reporter Lu Sirui has more.