The price of fuel (or for those of us States-side, gas) has plunged to recent new lows. This is good news for those of us who want be more mobile — as Beijing’s reform and development authorities (in charge of setting fuel surcharges) has decided to, in light of the cheaper fuel prices, stop charging the extra taxi fuel surcharge (certainly for the moment). The new policy is valid as of 15 January 2015.
Fuel surcharges apply when the price of fuel goes up — an extra RMB 1.— is added every time the price of fuel goes up by more than RMB 0.8 per litre. This shaves off one yuan off your bill and could potentially get you about half a kilometre more mileage on your ride.
However, don’t be surprised if you are still charged an extra Renminbi Yuan until 22 January 2015, as all meters are given an extra week for final adjustments to reflect the new charges (or lack thereof, actually).