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China Daily Website

Tianjin residents go on car-buying spree

Updated: 2013-12-17 07:13
By Yang Yao in Beijing and Zhang Min in Tianjin ( China Daily)

A new measure by Tianjin to restrict the number of new car license plates on Monday created a buying spree by residents eager to purchase cars at the last minute.

In an attempt to reduce traffic jams and air pollution, the city imposed a quota on new car plates starting on Monday, requiring buyers to take part in a lottery or bid at auction to win a plate, according to a notice issued by the city government on Sunday at 7 pm.

Cars purchased before 12 am on Monday would be issued license plates, the notice said, leaving only five hours for residents to obtain the last freely issued plates.

Tianjin residents go on car-buying spree