Slowdown in Chinese car sales? Unheard of, as far as Beijing is concerned. In the beginning of the year, Beijing had 4m cars. By the end of the year, the Chinese capital is expected to have 5 million cars on the roads. That’s the educated guess of the government, as reported by Gasgoo.
In the first four months of the year, a total of 248,000 cars were registered in Beijing, the Beijing municipal taxation office, collector of auto purchasing taxes, says.
15,500 new cars go on the city’s roads every week. That’s twice the old rate of 1000 cars per day. In 1949, there were about 2,300 cars in Beijing. It took Beijing nearly half a century to reach one-million cars in 1997. The second million was reached in 2003. The third million was registered in 2007. When the fourth million was reached by the beginning of this year, the official estimate was that it would take until 2015 to surpass the 5 million mark. That estimation is out of the window.
When we reported the 4 million cars last October, we mentioned that Beijing has 17m people. That number is also out of the window. The number is now officially “more than 22 million.” Supposedly, the city is constructed for a maximum of 18m.