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Aug 25, 2012

TAXES POLICYS * China

* HK - Beijing mulls traffic congestion charges
 
(Photo: Traffic congestion on Beijiing) 
Causeway Bay,Hong Kong,China -The South China Morning Post, by Stephen Chen -Aug 18, 2012: -- Capital will study introduction of a transport levy and a 'smart' system to collect toll revenue, its new five-year plan reveals Beijing car owners may have to pay more in the future, as the city is among a growing number of mainland cities that are considering introducing congestion charges. In a new five-year transport plan released this week, Beijing's transport commission said it would start studying congestion fees and would develop a "smart" transport management information system with the ability to collect congestion toll charges... Other major cities - such as Shanghai, Guangzhou and Shenzhen - and smaller ones like Kunming, the capital of Yunnan province, have been considering rolling out congestion charges or have even included them in government plans. Beijing's move, however, is likely to be more significant, given its national importance and its status as arguably the most congested mainland city. The controversial policy of limiting the number of cars on the roads through a licence plate lottery was first adapted in Beijing before spreading to other cities...

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