Bei­jing cuts num­ber of new car plates

China Daily (Canada) - - NEWSCAPSULE -

Bei­jing will fur­ther re­duce the num­ber of new car plates avail­able to buy­ers and en­cour­age the use of new-en­ergy ve­hi­cles in the next four years to re­duce traf­fic grid­lock and ease air pol­lu­tion.

From 2014 through 2017, the num­ber of new cars avail­able to reg­is­tered driv­ers in the cap­i­tal, which is cur­rently han­dled through the city’s monthly plate lot­tery, will be re­duced from 240,000 a year to 150,000, ac­cord­ing to a new reg­u­la­tion.

The num­ber of ap­pli­cants in the lat­est lot­tery, in Novem­ber, was more than 1.74 mil­lion.

The new pol­icy will en­sure that the cap­i­tal will add only 600,000 new cars in the next four years, in­clud­ing 430,000 gaso­line ve­hi­cles and 170,000 new-en­ergy ve­hi­cles. (Photo 1)

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