Taxi fare adjustment from December 16th
News about taxi fair adjustment that has been paid a lot attention has been unveiled finally. Today Ji’nan Bureau of Commodity Price issues the Notification On Adjusting and Normalizing the Price of Cruise Taxis, specifying that the price of ordinary cruise taxis keep the previous price of 9Yuan for 3 km and 1.5 yuan for each following 1 km. What has been changed is the cost for taxis coming back without a passenger after sending the passenger to their destination, 0.4 yuan/ minute for the first 5 minutes low speed running and 0.5 yuan/ minute after 5 minutes. New price standard will be implemented from December 16th and the validity period is 5 years.