Beijing to Reduce New Vehicle License Plates by 38%, Daily Says
This article is for subscribers only.
China’s capital will reduce the number of new passenger vehicles allowed on the city’s roads by 38 percent next year as part of efforts to ease pollution and traffic congestion, according to the Beijing Daily.
Beijing will cut the annual number of new license plates to 150,000 in 2014 from 240,000 now, according to the report posted on the city government’s website today. By 2017, 90,000 of the plates will go to conventional autos, with the rest reserved for new-energy vehicles, the report said.