China transport regulators promise shakeup of taxi industry after widespread driver strikes
{{#rendered}} {{/rendered}}Regulators are promising changes in China's taxi industry following strikes by drivers in cities throughout the country over complaints about low pay and high charges by taxi companies.
The state-run China News Service on Thursday cited experts who said taxi companies, many of them monopolies, hurt drivers by charging fees of up to 9,000 yuan ($1,500) per month for a cab. The report appeared on websites of numerous Chinese news outlets.
The official Xinhua News Agency cited the Ministry of Transport as promising a "breakthrough" in creating a "modern transportation industry" but gave no details of possible changes.
{{#rendered}} {{/rendered}}Strikes have been reported in at least seven major cities including Nanjing in the east, Chengdu in the west and Shenyang in the northeast.