Car plate lottery to stay
By Lu Nengneng |
December 14, 2012, Friday
|
Print Edition
Print Edition
BEIJING will continue with its car plate lottery program - aimed at controlling traffic on its clogged roads - next year, the local transport authority said yesterday.
The program has proved effective in cooling down car purchases in China's capital with new car registrations dropping 78.1 percent to 173,000 units last year after the lottery was introduced in January, according to the Beijing Municipal Commission of Transport.
It is necessary to keep the program in force considering the city's huge volume of vehicles and the increasing traffic congestion in downtown, the commission added.
The city has so far issued 441,195 licenses for private passenger cars through 23 monthly lotteries and is studying measures and quotas for the program next year. The annual quotas have been set at 240,000 for two years, making 20,000 licenses available each month on average.
The winning rate for Beijing's car registration lottery fell below 1.5 percent to its lowest level last month when more than 1.2 million people tried their luck.
The authority reiterated yesterday that Beijing will not follow Shanghai's example of using the auction system to issue car licenses.
The program has proved effective in cooling down car purchases in China's capital with new car registrations dropping 78.1 percent to 173,000 units last year after the lottery was introduced in January, according to the Beijing Municipal Commission of Transport.
It is necessary to keep the program in force considering the city's huge volume of vehicles and the increasing traffic congestion in downtown, the commission added.
The city has so far issued 441,195 licenses for private passenger cars through 23 monthly lotteries and is studying measures and quotas for the program next year. The annual quotas have been set at 240,000 for two years, making 20,000 licenses available each month on average.
The winning rate for Beijing's car registration lottery fell below 1.5 percent to its lowest level last month when more than 1.2 million people tried their luck.
The authority reiterated yesterday that Beijing will not follow Shanghai's example of using the auction system to issue car licenses.
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