Shared parking app needs policy support

Parking has become a big problem for car owners in cities. According to a "White Paper on Parking Industry Development", prepared by Tsinghua Tongheng Urban Planning& Design Institute in June, the ratio of cars to parking space in China is 2:1, and the parking sector should be worth 17 trillion yuan ($2.55 trillion) to meet most of the needs.

Perhaps that gave rise to the idea of "shared parking space". Unlike shared bicycles, shared parking space has both market demand and policy support. For example, the Yangzhou government in East China's Jiangsu province recently opened 84 of its vacant parking spaces for the public to share.

Since the beginning of this year, metropolises such as Beijing, Shanghai and Guangzhou, too, have been encouraging "shared parking".