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Article: Beijing's Biggest Taxi Company Underway
- Article from:
- Xinhua News Agency
- Article date:
- May 28, 2002
CopyrightCopyright 2002 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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A new joint-venture taxi company, with an investment exceeding 250
million yuan (about 30.1 million U.S. dollars), will be launched in
Beijing within the year, the "Beijing Morning Post" reports.
An agreement to set up North China Bus-Kowloon, which would be the
biggest taxi company in China's capital, was to be signed on Tuesday
among five bus companies, including Kowloon Bus from Hong Kong and
the North China Bus Group, the newspaper said. It will bethe second
such Beijing company to involve overseas investment.
And the first fleet of high-grade taxis, equipped with global
positioning systems (GPS), general information ...