Beijing draws line on shared bicycles

The Beijing Municipal Commission of Transport decided on Thursday to stop adding new shared bikes to the city's streets and to strengthen the management of existing bikes.

The decision was made after an exchange of opinions with the directors of 15 shared bike companies, and all said they "fully understand" and would comply, according to a statement from the commission.

The city has 15 shared bike companies and more than 2.3 million shared bikes, it said.