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Taxi fares to remain in Shanghai

By Zha Minjie (Shanghai Daily)

09:20, March 21, 2012

SHANGHAI traffic authorities said yesterday the taxi fuel surcharge will remain at 1 yuan (16 US cents) in response to speculation that fares might rise after Monday's fuel price hike.

To ease the effect of the fuel prices, Shanghai traffic administrators said they will offer subsidies to taxi drivers and ensure the cabbies' incomes see little effect.

"According to a June hearing ... the surcharge shall remain unchanged for a year," said a traffic spokeswoman. The city introduced new taxi fares last July, charging passengers 2 yuan more per trip to deal with higher fuel costs.

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