BEIJING (Reuters) -The northern Chinese city of Tianjin announced on Thursday that it would issue additional 80,000 car licence quotas annually.
The new policy, effective from June 1 through the end of 2029, would bring the municipality’s annual car licence quota to 180,000.
Tianjin is one of a few cities in China where curbs are being imposed on car purchases that are intended to ease urban traffic congestion and improve air quality.
Last week, Beijing said it will issue an additional 20,000 vehicle licence quotas for electric and plug-in hybrid cars for households without a car in 2025, taking the Chinese capital’s annual car licence quota to 160,000.
(Reporting by Qiaoyi Li and Brenda Goh, Editing by Louise Heavens)
