China to soon launch state-backed online platform for ride-hailing, trucking

China to soon launch state-backed online platform for ride-hailing, trucking

FILE PHOTO: Taxis drive under neon and LED signs at Yau Ma Tei, in Hong Kong, China August 8, 2021. Picture taken August 8, 2021. REUTERS/Tyrone Siu

China will soon launch a statebacked platform for transport which includes services of ride-hailing, cargo trucking, road transport, railway, ferry and flight services, Chinese state media Beijing Daily reported on Wednesday.

The online platform, which has completed internal tests, is expected to integrate more than 90% of total capacity of the transportation market, the newspaper said.

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