Latest News:  

English>>Business

More Chinese cities likely to curb car purchases

By LI FANGFANG  (China Daily)

08:11, July 11, 2013

Eight more cities are likely to announce policies this year curbing the purchase of vehicles for private use, as worries about pollution and traffic congestion rise around the country, an official from the China Association of Automobile Manufacturers said on Wednesday. | And CAAM criticizes car limits

Four cities already have such curbs: Beijing, Shanghai, Guangzhou in Guangdong province and Guiyang in Guizhou province.

Tianjin, Chongqing, Chengdu in Sichuan province, Hangzhou in Zhejiang province, Shenzhen in Guangdong province, Qingdao in Shandong province, Shijiazhuang in Hebei province and Wuhan in Hubei province are likely to introduce vehicle purchase quotas, said Shi Jianhua, deputy secretary-general of CAAM.

He said that such restrictions might cut vehicle sales by 400,000 units, equivalent to 2 percent of total domestic sales, and have a "certain impact" on China's economic growth.

On June 18, the government of Shijiazhuang, Hebei province's capital 300 km southwest of Beijing, said on its website that it will bar local households from buying a third car starting at the end of this year. It will also introduce a lottery for license plates starting in 2015.

To ease traffic, the city will introduce an odd-even license plate system for car use. The government aims to keep the city's car population, now standing at 1.9 million, below 2.1 million units by the end of 2015.

The government of Xi'an, Shaanxi province, raised the possibility of restricting vehicles in August 2012, though no detailed plans have been announced or implemented.

"As more cities join Beijing and Shanghai in restricting vehicle purchases, China's automobile sales will fluctuate in the short term, and growth will be challenged," said Su Hui, an official with the China Automobile Dealers Association. "Moreover, domestic brands will suffer in more cities and lose more market share, while the joint venture and high-end models see a limited impact," he added.


【1】 【2】



We Recommend:

How did Chinese solar industry go bankrupt?

Born to lead: 2nd gen of Chinese tycoons

Chinese graduates’ unconventional jobs

China's largest railway terminal officially opens

Dazzling gems shine at Beijing jewelry show

Boeing 787 Dreamliner to serve Beijing-Haikou route

New high-speed rail linking Nanjing, Ningbo opens

Jiaxing-Shaoxing Sea Bridge in E China

Chinese investors' happiness and sadness

Email|Print|Comments(Editor:WangXin、Chen Lidan)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Chinese,Russian naval forces leave for drill

  2. China-Russia joint drill enters 2nd day

  3. Iranian female ninjas show combat skills

  4. Children's hospital full of patients

  5. Pushy parents turn matchmaking events

  6. China's weekly story
    (2013.6.28-7.5)

  7. Egrets enjoy life in forest

  8. Cute cats vs stylish women

  9. China Pan-Asia Stone Expo kicks off

  10. China's 50 best CEOs named

Most Popular

Opinions

  1. Caution urged in seeking experts from abroad
  2. China didn't cause German solar firms' bankruptcy
  3. China, U.S. discuss cyber security
  4. Why are we obsessed with selfies?
  5. Israel keen on luring Chinese tourists
  6. 'Bernanke shock' necessary
  7. Safety first for baby formula
  8. Defense paper shows Tokyo's hysteria
  9. Shanghai investor sentiment drops
  10. Graduates need more help to start business

What’s happening in China

Rainstorms flood more than 10,000 cars in underground garages in Wuhan

  1. One-tenth of condoms failed tests in Guangdong
  2. Free bus rides in rush hours to end for seniors
  3. 2 dead, 7 injured in central China blast
  4. China confirms 132 H7N9 cases, 43 deaths
  5. China completes overhaul of dairy standards