Dec. 17 auction to see release of 5,700 number-plates
7/12/2005 17:18
Gu Jia/Shanghai Daily news
On December 17, the year's last auction of private auto licenses is
expected to see the release of 5,700 plates, Eastday.com reported today. The
total plate quota for this year comes in at 67,078, 4,500 less than that for
last year. After hitting close to record-low's in October, the price at last
month's auction rebounded to 30,320 yuan (US$3666.26). The registration
procedure for the coming auction commences on Dec. 10.
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