BAIC sets up national car rental network

Beijing Automotive Group announced it will open a nationwide car rental network in late August.

Named Qingxiang, meaning easily shared, the network aims to join the forces of the nation's emerging car rental sector, which is likely to hit 1 million vehicles by 2020, according to Zhang Yong, head of BAIC New Energy Group's marketing unit.

The Qingxiang network will offer diversified deposit services, as well as recognition of auto ID cards and driving licenses. It will support car accident photography and tracing, as well as payment services.