Shanghai to phase out license plate auctions

Legal and Regulatory

Friday, September 05, 2008 23:45:23

	Shanghai to phase out license plate auctions By STAFF EDITOR Published: March 20, 2008 12:00 PM The Shanghai government plans to phase out its auction system for vehicle license plates as the city’s metro network develops, Chinanews.com reported. “The system has worked well to control the number of privately-owned cars,” Wu Yi, vice director of the Shanghai Transport Coordination Bureau said, claiming Shanghai ... You are currently reading 53 words of 161 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article:	More Articles in Legal and Regulatory > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > China launches global hunt for SOE compliance chiefs Shanghai eases SME entry threshold Beijing, Tianjin consider financial integration Calls to raise income tax threshold as tax take outstrips growth Beijing city says Shanghai key financial hub but wants role Shanghai housing fund mulls higher contributions China prepares to scrap incandescent bulbs

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