China Economic Watch: Auto Sales Grow...

China Economic Watch: Auto Sales Growth to Slow to 5-7%; Urbanization Rate to Hit 70% by 2030

There are 4 comments on the story from Aug 28, 2013, titled China Economic Watch: Auto Sales Growth to Slow to 5-7%; Urbanization Rate to Hit 70% by 2030. In it, reports that:

Auto Sales Growth to Slow to 5-7% Growth of vehicle sales in China is expected to decelerate to 5-7% in the next 5 years as a period of explosive growth comes to an end, according to a report by AlixPartners.

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San Francisco, CA

#1 Aug 28, 2013
Domestic auto sales will pick up as more and more ppl are hitting the middle class level. Alix Partners is dead wrong.

Since: Nov 10

Guangdong, China

#2 Aug 28, 2013
stable is most important,

Richmond, Canada

#3 Aug 28, 2013
there is a reason Auto sales are down


How Hard is it to Get a License Plate in China's Big Cities?
2013-04-27 14:42 letters to editor share S M L Bookmark print

Apr 27, 2013
By Pang Lei, Zhang Xiaoxi and Yu Menglu


At 10am yesterday morning, Beijing held its fourth license plate lottery for 2013.

Over 700,000 new cars flooded on to the capital's streets in 2010, causing plenty of headaches related to congestion and pollution. From 2011, the capital has capped the number of new cars that can be registered in the city at 240,000 a year.

Rather than introduce an auction system like that used in Shanghai and more recently Guangzhou, Beijing residents who want to buy a new car enter a monthly lottery for a chance to get one of about 20,000 license plates that are released each month.

Applicants, restricted to permanent residents or outsiders who have been paying tax for more than five years, need to register for the lottery by entering their details on the official website before midnight on the eighth of every month. The lottery is held on the 26th of each month.

Once you've entered your details, unless you're number is chosen, you'll automatically be entered into the lotteries for the next three draws. After that you're required to go back into the system an extend your registration for another three months.

Those who take part will not be alerted by text message or any other means if their name has been picked, all participants have to go to the official site to check and see if they've had any luck.

If you are lucky enough to win a plate, you have 6 months to buy a car and register it.

According to the official website through which permanent residents can register to take part in the lottery, just shy of 1.5 million people had registered to for a chance to get one of 18,482 plates up for grabs in yesterday's lottery.

Since: Nov 12

Davao, Philippines

#6 Sep 14, 2013
nice thread. thanks for sharing that information. it was very informative.
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