Date
18 August 2017

Shanghai to kick off 2014 car plate auction Jan 25, paper says

Shanghai will have its first car plate auction of this year on Jan. 25, with sessions for individuals and enterprises to be held separately for the first time, Shanghai Daily reported on Thursday. A total of 9,000 car plates, including 8,100 for individuals and 900 for organizations, will be made available this month, as part of the 100,000 annual quota set last month, it said. First-round bids will be subject to a 72,600 yuan (US$12,532) upper limit, which will be used as a price ceiling throughout this year, the report said. 

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