The Beijing municipal government will cut the number of new passenger car licenses to 150,000 a year from 240,000 starting in 2014, The Mirror newspaper reported Tuesday. At the same time, licences for new energy vehicles will increase to 60,000 a year from 20,000. Meanwhile, conventional passenger cars will be limited to 90,000 licenses a year from 2017. Beijing will not consider a traffic congestion levy until 2015, the report said.
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