The new rules that legalize ride-hailing services in China are being welcomed by the two largest players in the sector, Didi Chuxing and Uber.

Didi says the new rules reflect the government's open-minded regulatory approach to the mobile car-hailing industry. The company also says it will soon begin the application process for the appropriate licenses.

Uber also hailed the new move. Uber says the new regulations send a clear message of support for ride-sharing and the benefits that it offers riders, drivers, and cities.