Nation plans to construct more spots for parking

Strategy would include increased charging facilities for electric cars

China will invest heavily in the construction and upgrading of urban parking spaces to alleviate the shortage and to create more venues for charging electric vehicles.

Lian Weiliang, vice-chairman of the National Development and Reform Commission, told a news conference on Friday that 30 million new parking spaces must be built annually to accommodate China's rising number of passenger cars. The price of the spaces will be 1.5 trillion yuan ($235.3 billion) to 6 trillion yuan.