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Annual Car Growth Will Be Limited to 100K: Beijing Transport Authorities

| Jul 07, 2016 10:30 PM EDT

Beijing transport officials released an action plan for the next five years.

According to a Beijing Daily report, transport authorities of the Chinese capital require that the annual car growth will be limited to 100,000 as part of its plan for the 13th Five-Year plan period (2016-2020).

The report, which was published on Monday by the Beijing Municipal Commission of Transport on its official website, stated that the number of motor vehicles will be kept under 6 million by 2017 and 6.3 million by 2020.

The 100,000-per-annum target is one-third less than the current car growth in the city.

Apart from this, the action plan also noted that the transport commission is eyeing to increase the number of green vehicles from 2015's 35.7 percent to 65 percent in 2020.

The document further stated that a total of 750 billion yuan will be invested in various infrastructure projects in 49 sectors such as urban roads, railways and civil aviation.

A Beijing transport authority, however, noted that a more detailed action plan is being laid out.

The official also shared that the new rules they will implement for car license auctions and extra car registration fees will be based on examples set by Singapore and Shanghai. Other regulations that will be amended include those that cover license renewal.

The commission is also set to release new car parking and car license rules in a heightened effort to reduce car use as well as the amount of exhaust emissions.

Transport authorities also indicated in their action plan that they will keep the traffic index between moderate and severe. The statistic is used to measure urban traffic congestion in real time.

The document also said that the commute time within the city's Third Ring Road by public transport will be cut to an average of 1 hour. This figure is 7 minutes faster than 2015's.

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