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As of 2024, the number of automobiles in China amounted to *** million. Over the past decade, car parc in China has been increasing significantly by more than *** percent.?

Status quo of car parc in China

? Car parc refers to the number of registered motor vehicles in use in a region. Yet the term differs from vehicle parc by excluding motorcycles and agricultural vehicles. The car parc of China has been increasing exponentially due to the rapidly increasing new vehicle registrations. Guangdong province has the highest number of registered vehicles in the country. In 2023, the southern province had more than *** million newly registered motor vehicles. In the same year,?more than ** million small passenger vehicles were registered for the first time nationwide.?

Measures to discourage car use

? In recent years, negative effects of the constantly increasing car parc, such as heavy traffic jams and deteriorating air quality, started to surface in China. Several urban centers in China have thus introduced regulations to discourage car use, which prevent cars from being driven on certain days depending on the last digit of the plate number. As these policies failed to mitigate the effects of increasing car use, other measures, especially the plate number lottery schemes in cities such as Beijing, Tianjin, and Shanghai were introduced. Would-be drivers need to participate in a complicated lottery process to win a license plate before purchasing a vehicle, while a license plate could cost more than a car in the secondary market.