What's news

Governments and policies

Social capital mooted in parking facilities

The National Development and Reform Commission issued guidelines on Tuesday that seek to encourage social capital in the construction of urban parking facilities. The nation's top economic planner said intensive parking lots such as parking basements and parking buildings are being planned in several cities. Charging facilities for electric vehicles will also be installed in these units. The NDRC also called for more independent innovation in parking technology and equipment as well as establishment of a real time database on use of parking lots.