Beijing Plate Lottery Winners May Be Punished If They Don't Buy A Vehicle

Beijingers who are lucky enough to win the license plate lottery may be punished severely – if they don’t buy a car. In the beginning of the year, China’s capital instated a rule by which new car owners must enter a lottery for a license plate.

Only 17,600 plates are available per month. In the latest draw, some 530,000 people did compete for the 17,600 plates. Only one out of 30 applicants could win. And what are the lucky winners doing? Most of them do nothing. In April, only 3,700 exercised their hard-won right and bought a car. At least that’s up from 2,000 in January.  Now, the city is thinking about meting out harsh punishment.



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ghosthunter - 6/6/2011 4:07:16 PM

+4 Boost

that's because those who won plate lottery is re-selling those plate at much higher price.
it feels almost like everyone who lived in college dorm participated in parking lot lottery no matter he/she has a car or not. a black market parking permit was priced over 600 dollars a year at UC irvine.