In addition, 5G networks are less energy consuming. In the past, the battery life of a shared bicycle was normally a month, or even 20 days. Now, the battery can run for six months, he said.

Yu Zejun, a research fellow at the research institution of China Fortune Land Development Co Ltd, said that shared bikes are among the four major application fields－A (automobile), B (bike), C (cellphone) and D(drone)－of the BeiDou system. The location service offered by BeiDou is a key element in shared travel.

In the future, every shared bicycle will be equipped with a BeiDou positioning chip. Shared travel contains diversified scenarios, and the application prospect of BeiDou system is promising, he said.