State Council: Improve regulatory rules and standards for new forms of transportation such as online ride-hailing

On January 27, the State Council issued the "14th Five-Year Plan" market supervision modernization plan. It is mentioned that it is necessary to optimize the regulatory mechanism that adapts to the development of the new economy.

Explore and innovate regulatory models that conform to the characteristics of the new economy such as platform economy, industrial digitalization, new individuals, micro-economy, and sharing economy, and promote the healthy and orderly development of the new economy.

Optimize and improve the registration services for new industries, new formats and new models. Strengthen the innovative supply of new economic regulatory tools, explore triggered regulatory mechanisms, and improve new regulatory models such as agile governance. Improve the regulatory rules and standards for new forms of transportation such as online ride-hailing, shared bicycles, car time-sharing leasing, and network freight. Guide platform enterprises to improve service levels and attract more operators to operate and start businesses online.