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Industry favors marketing pricing for tailored taxi service

Source: The Beijing News | Date: Nov. 6

  • There is only one week before the end of the solicitation of the opinions on the provisional regulation on the management of online taxi booking services. At this point, whether the prices of tailored taxi services should be determined by the market and subject to regulation has become the focus of attention in the industry.

  • On Nov. 5, Xu Kunlin, director of the pricing department of the National Development and Reform Commission, said that the opinions on the regulation so far generally lean towards the market-led pricing mechanism. He added that the market pricing mechanism should be regulated nevertheless.

  • A transportation expert said that whether it is appropriate to let the market determine the taxi booking service is still open to discussion. He noted that should the taxi booking sector develops in a different way and offers better services than the cruising taxi service, the government can set a minimum price on taxi booking services.