Beijing poised to raise taxi fares

BEIJING is set to raise taxi fares, the Municipal Development and Reform Commission said today.

The city's flag-down rate is going to increase from 10 yuan (US$1.6) to 13 yuan and a 1-yuan fuel surcharge will be introduced. The rate per kilometer will be raised to 2.3 yuan or 2.6 yuan, according to CCTV news.

Taxi drivers in the capital can earn up to 6,000 yuan to 6,800 yuan after the fare raise, officials said, adding that a public hearing on fare adjustments will be held two weeks later.

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