Manufacturing News

Beijing not to restrict automobile purchases

Beijing Municipal Commission of Development and Reform spokesperson Zhao Lei said January 7, that Beijing will not take administrative measures to restrain residents from buying automobiles.

To deal with increasingly serious traffic congestion, Beijing will take steps such as raising parking fees in urban districts and striving to build more rail transit lines to address the issue, so ordinary residents may rationally select the travel option they prefer.

Data shows that the number of registered vehicles in Beijing exceeded 4 million units as of December 18, 2009. There are 66.1 automobiles for every 100 households in Beijing, taking the lead across the country.

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