policy
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Reversal: Beijing Bans Gas Cars from Ride-Hailing Platforms, Deletes Initial Announcement Citing Source Issues
A potential ban on gasoline-powered vehicles for ride-hailing in Beijing, allegedly effective July 20th, has sparked significant reactions. News of the policy, attributed to the China Urban Public Transportation Association, caused EV drivers to rejoice while gasoline car drivers expressed concerns over vehicle depreciation and loans. The used car market reportedly saw a drop in prices for gasoline-powered ride-hailing vehicles.
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China’s Push for 2.5-Day Workweeks Faces Hurdles: Many Businesses Cite Operational Challenges
Sichuan’s proposed 2.5-day workweek, promoting “Friday afternoon and weekend” models, has sparked national debate. Despite initial excitement, implementation faces challenges. Businesses, especially in high-tech hubs, cite operational pressures and existing labor laws as impediments. Current regulations, based on 8-hour workdays and 40-hour workweeks, don’t support the shift, potentially leading to overtime costs. Legal experts suggest widespread adoption is unrealistic, depending on individual company circumstances and operational needs.
