AutoBeta(AutoBeta.net)09/12 Report--

Guiyang officially abolished the regulation of car purchase lottery, becoming the first city to cancel car purchase lottery, Guiyang Public Security and Traffic Administration announced today.

Guiyang is not a first-tier city. As early as July 2011, the Guiyang municipal government issued a policy to limit the index of minibuses, which was hotly debated at that time.

As domestic car sales remain in the doldrums, the deregulation and cancellation of car purchase restrictions have become an urgent task for policy researchers. Guangzhou and Shenzhen announced in June that they would relax their car purchase targets. By the end of 2020, Guangzhou will have 100000 new car purchase targets, while Shenzhen will have 80, 000.

In order to stimulate automobile consumption, in June this year, the National Development and Reform Commission and other three departments issued relevant implementation plans, clearly requiring all localities not to impose traffic restrictions and purchase restrictions on new energy vehicles. And local governments that have implemented car purchase restrictions have accelerated the shift from restricted purchase to guided use.

On August 27, the General Office of the State Council issued the opinions on speeding up the Development of Circulation and promoting Commercial consumption, proposing that in order to release the potential of automobile consumption, the areas where car purchase restrictions are implemented should take into account the actual situation, explore specific measures to gradually relax or abolish purchase restrictions. Places with conditions will give active support to the purchase of new energy vehicles.

Relaxing or canceling car lottery and bidding targets is also a measure to further release the potential of automobile consumption.

According to incomplete statistics, there are still many provinces and cities such as Beijing, Shanghai, Hangzhou, Tianjin, Shijiazhuang and Hainan to implement car purchase restrictions.

According to data from the China Automobile Association, automobile production and sales in August completed 1.991 million and 1.958 million respectively, down 0.5% and 6.9% respectively from the same period last year. From January to August, automobile production and sales completed 15.939 million and 16.104 million vehicles respectively, down 12.1% and 11% respectively from the same period last year.

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