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On 20 July 2016, the China Ministry of Transport published their 13th Five-Year Plan on developing urban mobility across Chinese cities. By 2020, China envisions to have developed a smart urban mobility infrastructure, which is efficient, fast, safe, comfortable, affordable, reliable, low-carbon, and public-transport-centric, with a projected annual ridership of 120 billion.

Many countries and cities have been working to understand the balance of how to embrace the ‘sharing economy,’ while also regulating them to ensure safe conditions, regulatory and tax compliance and fair competition with the existing players. Most recently, China has taken the lead to set requirements for app-based hailing services that are in line with