Guangzhou starts using car plate lottery, auction
Source: Xinhua |
August 28, 2012, Tuesday
|
Print Edition
Print Edition
THE southern Chinese megacity of Guangzhou conducted its first ever car license plate lottery yesterday, nearly two months after it introduced the policy to ease traffic jams and cut pollution.
A total of 5,640 applicants were awarded plates at the lottery, attended by the representatives of the applicants, notaries and officials.
Guangzhou said last month it would allocate the city's annual 120,000 new car registration quota through a dual model of auction and lottery.
Among 64,866 people who applied for the lottery and auction, 58,405 passed an assessment to vie for 10,907 plates, which means that one out of six people will be lucky enough to win a plate.
But the odds of winning are likely to shrink as more applicants enter the lottery later.
It is not known how many applicants participated as the city keeps the number of bidders confidential. The auction is set to start today. Among yesterday's 5,640 winners, 4,800 were individuals, 654 were office applicants and the remaining 186 were registered for plates for energy-saving or new-energy vehicles.
Guangzhou becomes the fourth Chinese city to cap small passenger vehicle registrations after Beijing, Shanghai and Guiyang.
A total of 5,640 applicants were awarded plates at the lottery, attended by the representatives of the applicants, notaries and officials.
Guangzhou said last month it would allocate the city's annual 120,000 new car registration quota through a dual model of auction and lottery.
Among 64,866 people who applied for the lottery and auction, 58,405 passed an assessment to vie for 10,907 plates, which means that one out of six people will be lucky enough to win a plate.
But the odds of winning are likely to shrink as more applicants enter the lottery later.
It is not known how many applicants participated as the city keeps the number of bidders confidential. The auction is set to start today. Among yesterday's 5,640 winners, 4,800 were individuals, 654 were office applicants and the remaining 186 were registered for plates for energy-saving or new-energy vehicles.
Guangzhou becomes the fourth Chinese city to cap small passenger vehicle registrations after Beijing, Shanghai and Guiyang.
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