Uber China welcomes new regulations on ride-sharing

BEIJING (Reuters) – The Chinese arm of Uber Technologies Inc [UBER.UL] said on Thursday it welcomes newly published government guidelines on ride-sharing services and sees the rules as an endorsement of the industry. “We welcome the new regulations, which send a clear message of support for ride-sharing and the benefits that it offers riders, drivers and cities,” Zhen Liu, senior vice president of Corporate Strategy for Uber China, said in a statement. “This is a welcome step … We look forward to working with policymakers around the country to put these regulations into practice. …

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