BIZCHINA / Biz Media Digest

Auto: New subsidy given to cabbies
(China Daily)
Updated: 2006-04-10 14:53

Two weeks after another round of oil price hikes, taxi drivers in Beijing will receive possible financial support.

In addition to the existing monthly petrol subsidy of 300 yuan (US$37), taxi drivers whose cab charges are 1.6 yuan (20 US cents) or 2 yuan (25 US cents) per kilometre will be given 150 yuan (US$18) per month, the Beijing Times reported.

But not all taxi drivers will get the additional subsidy, as it is the taxi companies instead of the city government that will provide the money.


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