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Beijing to Limit Car Sales to Customers with Parking Spaces
Next year Beijing will become the first city in China that requires car buyers to prove they have a place to park their vehicles, Bloomberg News reports.
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Next year Beijing will become the first city in China that requires car buyers to prove they have a place to park their vehicles, Bloomberg News reports.
Beijing has been auctioning license plate since 2011 to help control the city's traffic congestion. The city also regulates which days of the week cars may use certain roads. And it requires nonresidents to get a permit before driving into the city.
Other large cities in China may adopt a parking space requirement too. Bloomberg notes that big office, retail and apartment developments in China rarely have enough parking spaces to accommodate a population that is increasingly eager to own personal cars.
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