Bicycles were introduced into China at the end of the 19th century. Today, bicycles are a common means of transportation for people in both cities and villages. Not only that, many people also use bicycles as a tool for exercising. With the continuous development of society, the “bike sharing” scheme is available in more and more cities, which is aimed at advocating green travel and encouraging people to do more outdoor exercise to keep fit and healthy. It not only reflects the huge market size of bicycle-related services, but also portrays the opportunities and challenges that the industry is poised to encounter in the future.