Beijing set to hike taxi fares to 2 yuan
Updated: 2006-05-19 17:44
After months of discussion and planning, Beijing is finally set to raise taxi
fares from 1.6 yuan (20 US cents) to 2 yuan (25 US cents) per kilometer from May
Two taxis get refuel
at a gas station in Beijing April 26, 2006. Beijing is set to raise taxi
fares from 1.6 yuan (20 US cents) to 2 yuan (25 US cents) per kilometre
after a fuel price hike. [Xinhua]
Charges for base mileage, returning empty, night service, waiting and
low-speed driving will remain unchanged.
A system linking taxi fares and oil prices will be established to spread
increase burden between taxi companies, taxi drivers and passengers. When oil
prices go up, taxi companies and drivers will absorb it and it fare increases
will trickle down to passengers.
Against a backdrop of surging oil prices worldwide, price adjustments for oil
products have been under way nationwide since the end of March this year. The
Beijing Municipal Development and Reform Commission held a hearing conference at
the end of April and most of the delegates present supported a rise taxi fares.
Commission sources say the valuating device and the price labels on Beijing's
taxies would have been changed into new ones by the end of June and all of the
taxies in Beijing will be charged 2 yuan per kilometer from July 1st,