Beijing will not limit car sales, but will make parking more expensive
With over four million registered vehicles in the city as of the middle of December (about 66 for every 100 households), the streets are pretty packed. Instead of limiting car sales – as had been the plan – the Beijing Municipal Commission of Development and Reform said it will instead make driving those vehicles in urban areas more expensive by upping parking fees. This way, it seems, the government can get the tax benefits from sold vehicles and more money from parking. The government is also promising more rail transit lines to give city residents an alternative to the car, which might someday slow down the increased car sales there. Maybe.
[Source: People's Daily via Green Car Congress | Image: poeloq - C.C. License 2.0]
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