BEIJING - On 26 January, residents of Beijing, China, scrambling to buy a new car. The reason, local government provides only 20 000 police number from 240,000 to quota year. This restriction is in accordance with the policy of local governments that as of 1 January, limiting the purchase of new cars as a step to overcome the increasingly severe traffic congestion due to growth in the number of cars not comparable with the construction of new roads.
For consumers who want to buy a new car, will be done through a lottery. Remarkably, until now reportedly number of lottery enthusiasts already exceeds 100,000 people.
With this policy, the scale of consumers who may have a car one in five (1:5) aka 20 percent. However, consumers who specialized old car accident (can not be used), can buy a new vehicle using the old police numbers.
In addition to cutting the sale, the Beijing government still had other tricks to reduce congestion. The government also would prohibit the operation of cars that come from outside the area at rush hour.
China's automotive industry players argue, Beijing's efforts will not have much impact on reducing congestion. However, slowing sales that occurred this year are expected to make the government better prepare infrastructure, including improving the quality of mass transportation.
A little flash back, since 2009 China became the largest automotive market in the world beyond the United States. These records go back to survive in the past year, one of them driven by big sales in the national capital Beijing.
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