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Friday, January 09, 2015
China's Opening Up of Service Industry Seen from the Mechanism of Taxi-monopoly
ANBOUND

Recently, campaigns of fighting against pick-up car service are emerging across China and have drawn broad attention from domestic media, who generally have questioned the effect of this movement. ANBOUND research team suggests that the pick-up car services which are market-oriented should not be simply stopped; instead, local governments should reform the taxi-monopoly mechanism so as to conform to the trend of comprehensive deepening reform. Of particular importance is that a market-oriented city service industry can serve as a better promoter for China's current economy.

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