Taxis in Shanghai are ridiculously cheap compared to most major cities in the world. For a few USD you can drive all over the city, and you are not even expected to tip (if you tip they will normally hand you the money back, because it’s so uncommon). I have no idea how taxi drivers can earn money at the current rates.
Now that the National Holiday is over and the city is back to work again the local government announced that the prices will go up starting tomorrow. Not a lot, the base price goes from RMB 11 to RMB 12 for the first 3 km, and to 2.4 RMB (from 2.1 RMB) per km thereafter. Prices between 11 PM and 6 AM will increase to RMB 16 for the first 3 km and RMB 3.1 for every additional kilometer. This is of course still very cheap compared to what I am usually paying in Holland, or to what taxis dare to charge in Tokyo (that city must have the most expensive taxi fleet in the world). But compared to the average salary in Shanghai, many people will think again before taking a cab.
I wish the government would put a surcharge between 7 AM-9 AM and 5 PM-8 PM instead of after 11 PM. Especially during rush hour it’s often impossible to find a taxi. That makes a lot more sense than charging more after 11 PM when most taxis are empty anyway.
Picture: The taxi receipt next to this post is from a business partner of mine who was seriously overcharged by a cab: RMB 626 for a 19 minute ride (the driver added RMB 600 in toll fees). He paid for it, and the taxi company later said they could not identify the driver.