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China tech

China to launch state-owned ride-hailing platform

Move is response to 'disorderly expansion and data security problems' in sector

China is launching a state-owned ride-hailing platform to deal with the "disorderly expansion" in the sector, according to Beijing Daily, the official paper of the Chinese Communist Party.    © Reuters

HONG KONG -- China will launch a state-owned transportation platform that includes ride-hailing and flight services, state media has announced, as Beijing continues to keep a tight grip on the country's tech sector.

Qiangguo Jiaotong, which translates literally to "The Strong Country's Transportation," has completed internal testing and will soon launch its ride-hailing service for the public, Beijing Daily, the Chinese Communist Party's mouthpiece, said on Wednesday.

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