BEIJING: China's transport minister warned online taxi-hailing companies on Monday over subsidies leading to "unfair" competition hydro flask wine tumbler red sale
, as US giant Uber and homegrown rival Didi spend billions in their battle for market share.
Yang Chuantang did not name either firm and did not threaten specific sanctions, but Chinese authorities have issued huge fines in competition probes in the past, and his comments represent a warning shot to the upstart industry.
Ride-booking services, which connect customers directly with drivers through smartphones, have threatened the old-style taxi sector - which often generates income for local authorities - and contributed to protests by cab drivers in China.
Both firms raised billions from investors last year as they try to secure their positions in the fiercely competitive market hydro flask wine tumbler green sale
, offering both drivers and passengers subsidies that have proved a boon to Chinese consumers.
"The subsidies provided by some companies are a short-term move to grab market shares and posed unfair competition to the traditional taxi industry in a certain period of time," Transport Minister Yang Chuantang said at a briefing.
"In the long run, (they) will harm the healthy and sustainable development of the market," he said on the sidelines of the National People's Congress, the Communist-controlled parliament.
Uber's controversial boss Travis Kalanick has said Didi is spending as much as US$4 billion a year on subsidies hydro flask 12 oz coffee black sale
, which the Chinese firm - backed by Internet giants Alibaba and Tencent - dismissed as "wildly creative", without giving specifics.
He was reported last month as saying his own firm was losing US$1 billion a year in China. An Uber spokeswoman declined to say by how much it was subsidising users in the country, where it is active in 22 cities.
The transport ministry in October unveiled proposed regulations that analysts said could be a "devastating blow" to the online ride-booking industry in China.
The draft bars private cars from participating in such services, which Chinese media reports said would force vehicles and drivers to be registered with the government.
It also requires ride-booking companies to obtain permits from local transport and telecommunications authorities in order to conduct business, with foreign companies having to set up servers in China and meet requirements for "national security".
The period for public comments ended in November but Yang said on Monday authorities were still "revising and adjusting" the details hydro flask 12 oz coffee white sale
, without giving a timetable for their introduction, although he acknowledged that car-hailing services were "welcomed by some passengers".
Britain's Prime Minister's official residence number 10 Downing Street, is seen in London, Britain May 6, 2015. REUTERSPeter Nicholls
LONDON - British voters get to decide on Thursday who they want to rule the world's fifth-largest economy in a tight election that could yield weak government hydro flask 12 oz coffee red sale
, propel the United Kingdom towards a vote on EU membership and stoke Scottish desire for secession.
Prime Minister David Cameron's Conservatives and Ed Miliband's opposition Labour Party have been neck and neck in opinion polls for months, indicating neither will win enough seats for an outright majority in the 650-seat parliament.
"This race is going to be the closest we have ever seen," Miliband told supporters in Pendle, in northern England, on the eve of the vote. "It is going to go down to the wire."
Cameron said only his Conservatives could deliver strong hydro flask 12 oz coffee yellow sale
, stable government: "All other options will end in chaos."
The Conservatives portray themselves as the party of jobs and economic recovery, promising to reduce income tax for 30 million people while forcing through further spending cuts to eliminate a budget deficit still running at 5 percent of gross domestic product.
Labour says it would cut the deficit each year, raise income tax for the highest 1 percent of earners and defend the interests of hard-pressed working families and the treasured but financially stretched national health service.
If neither wins an overall majority, talks will begin on Friday with smaller parties in a race to strike deals.
That could lead to a formal coalition, like the one Cameron has led for the past five years with the centrist Liberal Democrats. Or it could produce a fragile minority government making trade-offs to guarantee support on key votes.
British stock and bond prices were moderately higher on the final trading day before polling hydro flask 12 oz coffee pink sale
, with election jitters still failing to register any significant investor selling.
The pound was slightly weaker but remained within the relatively tight trading ranges seen over the past three months.
"What is important to us is clarity as soon as possible," Andrew Witty, chief executive of GlaxoSmithKline, Britain’s sixth largest company by market value, told reporters.
Of seven opinion polls released on the last day before voting hydro flask 16 oz coffee black sale
, three showed the two main parties tied. Three put the Conservatives ahead by a single percentage point, and one gave Labour a two-point lead.
Leading pollster Peter Kellner of YouGov predicted the Conservatives would end up with 284 seats to Labour's 263, with the Scottish Nationalists on 48, Liberal Democrats 31, the anti-European Union UK Independence Party (UKIP) two hydro flask 16 oz coffee white sale
, Greens one, and Welsh and Northern Irish parties 21.
If that proved correct, either of the two big parties would need support from at least two smaller ones in order to get laws through parliament.
If a durable government could not be formed, Britain could face political instability and even possibly a second election.
At heart, Britain's post-World War Two political consensus hydro flask 16 oz coffee red sale
, which saw the Conservatives and Labour take turns in government, is crumbling as once marginal parties in Scotland and England ste. Cheap Jerseys Cheap Jerseys China Free Shipping Cheap Jerseys Cheap Jerseys Wholesale NFL Jerseys China Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Authentic NFL Jerseys Wholesale NFL Jerseys China Wholesale NFL Jerseys