It is the first time any of China’s biggest cities have relaxed the increasingly common policy used to control congestion and pollution. Photo: EPA
Guangdong’s move to ease limits, boost China’s car sales met with scepticism by analysts and residents
- Guangzhou’s quota will be increased by 100,000 and Shenzhen’s by 80,000, but move ‘will serve as short-term stimulus’ in efforts to offset US-China trade war
- Move follows stimulus plan by National Development and Reform Commission to bolster demand for cars and electronics
Topic |
China economy
It is the first time any of China’s biggest cities have relaxed the increasingly common policy used to control congestion and pollution. Photo: EPA