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Brand new cost about 200 Yuan for ordinary bicycle. Mountain bicycle price is up to 1000 Yuan, so people prefer to buy a second-hand bicycle, which is cheaper and less likely to be stolen. I bought a new bicycle that cost 130 Yuan when my salary was 800 Yuan in ten years ago, then I sent 40 Yuan to buy an old bike from a black market after it was stolen.
Third, the management of bicycle is chaotic. Local police seldom check the bike’s registration in the street, so it is hard to recover the stolen bicycles by them and many bicycle owners do not bother reporting to the police when their vehicles are stolen...
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