The shared elevator project is about to be adopted by a company in old residential communities and operated like buses in Neijiang, Sichuan.Once such elevator equipment is put into operation, the charge for electricity, maintenance, repair and annual inspection are taken by the elevator company, and the residents are free from all kinds of fees to keep the equipment running at a good state. The users would be charged 1 yuan for every ride.The total cost of outfitting an elevator would be reduced from 230 thousand yuan to 80 thousand yuan due to government subsidy. The revenue of 14 families of the whole 7 stories using the elevator 4 times a day would go to 73 thousand yuan. After one-year operation the elevator company would be making profits.

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