The Urgency for Regulatory Intervention

Many public bus companies in China are struggling financially, leading to decreased service and rising concerns about urban mobility. This situation prompted the government to announce a new Urban Public Transportation Regulation, which mandates local authorities to manage and fund bus services. The regulation aims to promote high-quality development by ensuring safety and improving service levels for the public. Cases of suspended bus services, such as one in Shangqiu City, highlight the critical need for such interventions to avoid further disruptions in public transport.