Zhai Shanying: The End of the Sharing Economy and the Squeezing of People’s Freedom
This video discusses the impact of the upcoming new regulations on ride-hailing services on people's lives, as well as the current state of the sharing economy as it heads toward extinction under the policies of the Chinese Communist Party (CCP). Zhai Shanying points out that the new regulations not only restrict the choices of drivers and passengers but even prevent private car owners from using their spare time to provide ride-sharing services. This tightening of regulation, while ostensibly for market governance, is in reality an exploitation of the public. By re-regulating the sharing economy, the CCP government has not only deprived the public of their freedom but has also maximized its own interests. The video calls on everyone to pay attention to the game between the economy and daily life, to stay clear-headed, and to treat their own lives well.
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Full text: It's a bit quick today, which is good. Hello friends, today is Tuesday, May 26, 2026. Welcome to Zhai Shanying's YouTube channel. Let's chat and relax. Friends in China, stay asleep; friends overseas, stay awake.
I've said this old saying countless times, but today let's start with a small matter again. As per my old habit, the perspective from which I evaluate things others talk about is usually different. I always hope that everyone can see what lies behind these events, feel the truly meaningful value brought by what's behind them, and identify where there is room for us to reflect.
Alright, the small matter. Starting June 1, 2026, new regulations for ride-hailing services, formulated by seven departments including the Ministry of Transport, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of Commerce, the People's Bank of China, the State Taxation Administration, and the Cyberspace Administration of China of the CCP, will begin to be fully and mandatorily implemented across the CCP-controlled China. From June 1, if you are a ride-hailing driver who does not hold a network-booked taxi transport permit, you will no longer be able to operate ride-hailing services without this certificate.
Not only that, but on June 1, there is also the 8-hour limit order we discussed before regarding driving duration; both of these regulations are mandatory. If you are caught not complying, you will certainly face heavy penalties. Although there seem to be some clauses in these regulations regarding ride-sharing and carpooling, because the content of these clauses is extremely harsh, it effectively locks down the freedom for private cars to engage in ride-sharing and carpooling.
So, we all know that starting June 1 of this year, everyone in the CCP-controlled China will only have two choices when hailing a car: one is a taxi holding a limited-time taxi operation certificate, and the other is a ride-hailing vehicle holding a network taxi operation permit. Other forms like ride-sharing and carpooling will be gone.
Why has this phenomenon developed to this point? You may remember that about ten years ago, it was precisely because the Chinese Communist Party shouted that the "era of the sharing economy has arrived," calling on the entire Chinese public to revitalize idle personal assets such as vacant personal housing and idle private cars. Therefore, they vigorously promoted sharing services to allow the value of the spare time of these items to be utilized.
However, by 2025 and 2026, from the mandatory taxation of all shared rental housing to the comprehensive regulation of ride-hailing services now, the ten-year sharing economy has come to a complete end. This sharing economy was originally intended to benefit the public, but the CCP's frantic promotion has only resulted in the public's space for freedom becoming smaller and smaller.
To this day, the sharing economy only allows the CCP to make money through various regulatory means, and the CCP's governance philosophy does not care about the actual situation of the public at all. What they pursue is only to scrape away every penny from the public and to plan various systems to exploit wealth from the hands of the people.
Through these new regulations, ride-hailing vehicles and taxis in the CCP-controlled China are essentially the same; they are both commercial vehicles, and the CCP will be able to obtain significant income in these fields. These actions by the CCP are constantly oppressing the lives of the public, making every family live in a state of tension.
The CCP now relies on various laws and policies to exploit the public, clearly wanting to solve its fiscal predicament in the short term. Their shameless and unscrupulous behavior makes the public miserable. As for how long the CCP can continue to hold on, this question is worth everyone's reflection. Friends, please pay attention to future developments and watch this game between the economy and daily life. I hope everyone can stay clear-headed and treat their own lives well. Thank you all.