HONG KONG/SHANGHAI -- Wang Ren used to stay in bed as late as he could, then make up for lost time by grabbing a taxi to the office. But this year, the 25-year-old financial analyst in Shanghai has turned himself into an early riser. No matter how tired he is, Wang gets up at 7:15 every morning and rushes to the subway, saving himself 21 yuan ($3.05) each way.
While commuting by subway takes nearly half an hour -- almost twice as long as his old taxi ride -- "it costs only four yuan," Wang said.