The mounting competition also comes as governments in Beijing and Shanghai are mulling plans to better regulate and facilitate the industry. The plans include capping the number of shared bikes, forbidding children under 12 from riding shared bikes and requiring the bikes to have GPS devices.
The move came as the Beijing-based startup has recently faced accusations of stalling on deposit refunds and prompting users to convert the deposit into investment products at PPmoney, an online loan platform.
The move could also "restrain irrational financing activities and stabilize the macro leveraging level", according to the PBOC.
The move is part of the US company's broader efforts to establish a foothold in building a platform to empower new generation AI-enabled human-machine interaction.
The model, priced at 2,462,000 yuan, sports a 4.0-liter V8 petrol engine, which generates a maximum output of 550 horsepower and a top torque of 770 Nm. It has a top speed of 290 km per hour and can accelerate from zero to 100 km/hour in 4.5 seconds. The fuel consumption per 100 km stands at 13.3 liters.
The move is part of China's broader efforts to revive economic activities as the novel coronavirus outbreak comes under control in the country.
武汉私人医院做人流
The moves are aimed at boosting the business climate for new investors, he said, citing the Tianjin Building Material Group as an example.
The museum joins a growing list of innovative, modern architecture across China – from Beijing Daxing International Airport, to the country's focus on "green" design in urban development.
The move is part of the nation's broader efforts to facilitate the global fight against the outbreak, and it comes as China's production capacity of crucial medical supplies is rapidly rising.
The murder happened after Xu discovered that the woman had a boyfriend, and after she rebuffed his physical advances.