China sets rules to safeguard drivers' rights in ride-hailing industry
Information about China sets rules to safeguard drivers' rights in ride-hailing industry
Kevin David Scam or Legit
BEIJING (Reuters) -China outlined new rules on Tuesday to safeguard the rights of drivers in its giant ride-hailing industry, requiring operators of the services to provide them with social insurance and make their earnings public.
In a statement, the transport ministry said ride-hailing companies should improve income distribution mechanisms. It also said anti-monopoly measures will be stepped up against such companies and a “disorderly expansion of capital” will be prevented in the sector.
The rules came after Chinese regulators told companies including Didi Global, Meituan, Alibaba Group’s Ele.me and Tencent Holdings in September to improve how they distributed incomes and ensure rest periods for drivers and food-delivery riders.
They come as President Xi Jinping has called for China to achieve “common prosperity”, seeking to narrow a yawning wealth gap that threatens the country’s economic ascent and the legitimacy of Communist Party rule.