10.10.09
Taxi rate increase in Shanghai
As reported in Shanghai Daily, taxi rates are going up this month. Flagfall will be 12 yuan/3km, and each additional km will be 2.40. The additional km charge is a big jump up from 2.10 (prior to May 2006, it was 2.00 yuan/km).
Doubt this will change demand much for taxis in the city.
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