Short Torque
China Daily | Updated: 2011-07-11 08:01
Sales in Beijing drop 60 percent
Local press reported last week that new vehicle sales in Beijing the first half of this year are estimated to have dropped 60 percent from the same period last year to 150,000 units.
To battle increasing traffic congestion, the capital city limited new car license plates to 20,000 each month - allocated through a lottery system - at the beginning of the year.
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