Beijing’s municipal government today said it will further reduce new car sales in a bid to reduce traffic congestion and air pollution in the Chinese capital.
The quota to buy new cars will be slashed by a third starting next year, it said.
Currently, Beijing allocates 150,000 license plates for new cars every year, and that number will be reduced to 100,000 in 2018, according to a new regulation.
Beijing residents apply for new car license plates through a lottery-style bidding system. The system was introduced in 2011 with an aim to cut pollution and ease traffic jams in the smog-prone metropolis.