{"id":7011,"date":"2010-12-23T01:12:53","date_gmt":"2010-12-23T01:12:53","guid":{"rendered":""},"modified":"2010-12-23T01:12:53","modified_gmt":"2010-12-23T01:12:53","slug":"Jammed-Beijing-to-cut-new-car-registration-by-2-3-","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=7011","title":{"rendered":"Jammed Beijing to cut new car registration by 2\/3"},"content":{"rendered":"<p><strong>China&#8217;s capital announced Thursday that it will sharply limit new vehicle registrations to try to ease massive traffic jams that are rapidly turning Beijing&#8217;s streets into parking lots.<\/p>\n<p><\/strong><strong>The city will only allow 240,000 vehicles to be registered next year, <\/strong>said Zhou Zhengyu, vice secretary general of the Beijing city government. The figure is equal to a little more than one-third of the total number of new cars put on the capital&#8217;s streets this year.<\/p>\n<p>Traffic jams in Beijing have worsened recently, with the city dithering over how to clear up the smoggy congestion while still allowing the Communist country&#8217;s burgeoning middle class the automobiles they crave.<\/p>\n<p><strong>The capital now has 4.76 million vehicles, compared to 2.6 million in 2005. <\/strong><strong>A global survey conducted this year by IBM said Beijing is tied with Mexico City for the world&#8217;s worst commute. Worries are growing that Beijing is choking itself for future growth as it gets more difficult to move people and goods around the city.<\/p>\n<p><\/strong><strong>But increasingly affluent Chinese want cars for status and a sign of independence, and they have easily found ways to finesse official restrictions in the past.<br \/>\n<\/strong><br \/>\nThe new car registration limits had been anticipated by the public, sparking a buying spree last week. <strong>The official Xinhua News Agency said 30,000 new vehicles were registered in the past week alone, at least three times the normal rate.<\/p>\n<p><strong>An average of nearly 2,000 new cars hit the road each day in Beijing, a city of 17 million.<\/strong> Before the latest restrictions were announced, that growth current rate, <strong>the Beijing Transportation Research Center estimates that car ownership will reach 7 million by 2015.<br \/>\n<\/strong><br \/>\n<a href=\"http:\/\/abcnews.go.com\/Business\/wireStory?id=12465204\" title=\"SOURCE\">SOURCE<\/a><br \/>\n<!--break--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s capital announced Thursday that it will sharply limit new vehicle registrations to try to ease massive traffic jams 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