(Yicai Global) Aug. 7 -- China's capital is accelerating the creation of a platform to strengthen government oversight of the city's dockless bike-sharing sector, with a view to taking the system live in late December.

Beijing's transport authorities have set up testing areas to ensure access to data from bike-sharers, state-backed People's Daily reported. The local government started work on the platform late last year.

There are nine bike-share operators in Beijing including the nationwide giants of Ofo and Mobike. Following a clampdown, the number of bicycles in circulation on the city's streets has fallen by 20 percent to 1.9 million from a peak of 2.4 million last September.

Beijing will continue to restrict new shared bikes from entering circulation and will encourage firms to withdraw long-term unused and broken two-wheelers. It will also organize service quality evaluations, with the results linked to the number of bikes that operators can put into services.

Editor: William Clegg