Car plate prices in Shanghai rose to a 24-month high in the year's first auction. The average price of a private car license rose to RMB38311, up from RMB37593 a month earlier.
In 2000, Shanghai decided to tighten restrictions on new car registrations, auctioning off a limited number of license plates annually. But it has gradually loosened the strictures.
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2000年,上海市决定加大对汽车牌照的控制,每年通过拍卖发放有限数量的牌照。
In 2000, Shanghai decided to tighten restrictions on new car registrations, auctioning off a limited number of license plates annually.