Guiyang removes car purchase restriction to boost auto consumption
Shanghai (ZXZC)- Guiyang, the capital of Guizhou province of Southwest China, has annulled the car purchase restriction as the city looks to boost the sound development of automobile market.
On September 12, municipal government of Guiyang announced the decision about abolishing the provisional regulations on administration of passenger car license plates, which came into effect on September 10.
The issuance of the decision means that consumers in Guiyang can buy cars without being hampered by a license-plate lottery.
Local government also determined to significantly increase the 2019 quota of license plates by over 30,000 units from the full-year volume of 2018.
Southern Chinese cities Guangzhou and Shenzhen have taken the lead in relaxing car ownership restrictions in response to the central government's urge over localities to take steps to encourage car purchases.
However, in Beijing, Shanghai, Hangzhou, Tianjin, Shijiazhuang and Hainan, for instance, registrations are still raffled off.
Chinese authorities on June 6 announced that local governments in China were not allowed to impose traffic and purchase restrictions on new energy vehicles (NEVs). Relevant restriction policies that had been implemented should be cancelled from then on.
Last month, the State Council's General Office said in the Guidelines on Accelerating the Circulation Development and Promoting Commercial Consumption that local governments of regions where the automobile purchase restriction policy has been implemented shall be encouraged to gradually relax or cancel the specific measures of buying limitation based on respective actual situations.