Beijing's clampdown on new car registrations is creating a scramble for licence plates and fuelling a boom on the black market where prices have hit as high as $33,000 (£20,259), almost double ...

While the quota for license plate has dropped from 240,000 in 2011 to 100,000 last year, the quota for new energy car has increased from 20,000 in 2014 to 60,000 as the city turns to electric ...

An odd-even license plate policy for cars, including those from outside Beijing, was put in place from Nov. 3 to 12, reducing 50% of cars on the roads.

According to regulations, Beijing would limit the amount of new license plates handed out to 150 thousand every year through a lottery system. Residents who lack a Beijing hukou need to show their ...