Tag: NDRC

By on June 25, 2011

With a population approaching that of Australia and car sales of 700,000 new cars, or 890,000 new cars (depending on which issue of China Daily you rely more), Beijing used to be one of the most important car markets in the world’s largest car markets, China. As amply documented by TTAC, the car market in Beijing collapsed completely after city fathers ruled that new registrations have to try their luck in a license plate lottery first.

China’ top economic planners at the National Development and Reform Commission NDRC see their economic plans threatened, and are “appealing” to Beijing to change its policy. (Read More…)

Recent Comments

  • sportyaccordy: Exactly. The vast majority of cars on the road are used, which is a good thing.
  • iNeon: I learned this lesson the same way– never trust a CarFax (or your own intuition) and always inspect with...
  • slavuta: May be, Honda Accord with 2.4L and V6, to this point, was “most purchased and owned …”....
  • ronald: I’ll bet my nickel that truly autonomous cars on public roads remain “around the corner”...
  • dividebytube: Just needs some more cash on the hood, amirite?

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