UNB, Shenzhen :
The southern Chinese metropolis of Shenzhen Friday said the newly increased 40,000 car license plates will be made available to citizens between June and August, earlier than the previously announced June to December.
The move is a response to a central government call to ease vehicle purchase restrictions in a bid to boost vehicle sales in a sluggish market.
Shenzhen, which borders Hong Kong, earlier capped the annual license plate quota at 80,000 for each of 2019 and 2020. Earlier this month, local authorities announced plans to add 40,000 vehicle plates in both 2019 and 2020.
Ten-thousand will be offered through a license plate lottery system and the rest by auction.
The southern Chinese metropolis of Shenzhen Friday said the newly increased 40,000 car license plates will be made available to citizens between June and August, earlier than the previously announced June to December.
The move is a response to a central government call to ease vehicle purchase restrictions in a bid to boost vehicle sales in a sluggish market.
Shenzhen, which borders Hong Kong, earlier capped the annual license plate quota at 80,000 for each of 2019 and 2020. Earlier this month, local authorities announced plans to add 40,000 vehicle plates in both 2019 and 2020.
Ten-thousand will be offered through a license plate lottery system and the rest by auction.