Friday, July 25, 2014

Seniors ride free in Shanghai, China

13.4b yuan from sales | Shanghai Daily: "Some 3 billion yuan of this was used for the expansion and maintenance on the Metro. Another 1.9 billion yuan was spent subsidizing buying buses, while 920 million yuan went to subsidize public transport transfer discounts.

And 590 million yuan was used to provide free public transport for seniors, with 580 million yuan spent on the public transport infrastructure and 350 million yuan for other subsidies.

A total of 6 billion yuan left over in 2013 will be spent on the public transport in the coming years."

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