Guangdong Eases Limits on Cross-Border Car Plates in Integration Push

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING: China Unveils Draft Rules to Speed Certification of eVTOL Aircraft

LATEST: China Unveils Draft Rules to Speed Certification of eVTOL Aircraft; China’s AI Talent Supply Outpaces Demand, Survey Shows; Surge in Model Token Use to Send China’s AI Market Value Soaring, Industry Expert Says; Chinese GPU-Maker Warns Stock Surge Won’t Last Forever; China to Require Real-Name Registration for All New Drones; JD.com’s Industrial Unit Slides in Hong Kong Trading Debut; ZTE Faces Renewed U.S. Scrutiny Over Alleged Venezuela Bribery; Chinese Chip Heavyweight Abandons Acquisition of Server Firm; Nvidia Welcomes U.S. Nod to Sell H200 AI Chips in China; Baidu Weighs Spinoff of AI Chip Unit for Independent Listing; Huawei’s Ren Downplays Chip Shortage, Touts AI for Industrial Value; China’s AI Chip Leaders Ride IPO Wave Amid Drive for Tech Self-Sufficiency; Tsing Micro Raises Over 2 Billion Yuan in State-Backed Round as China Ramps Up AI Chip Push; Synthetic Biology at Scale Could Reshape Food and Materials Systems, Expert Says; ByteDance in Talks With Smartphone Makers to Embed AI Assistant; Lenovo Executive Urges AI Startups to Take On Tech Giants; Infinigence AI Raises 500 Million Yuan to Expand Heterogeneous Computing Platform; Alibaba’s Quark Unit Launches AI Glasses Powered by Qianwen Model; Pony AI Plans to Triple Robotaxi Fleet to 3,000 by 2026 as Revenue Jumps; China’s Semiconductor Software Push Gains Traction Amid U.S. Curbs

By Wei Yiyang and Han Wei / Apr 04, 2019 03:23 AM / Economy

Photo: VCG

The Guangdong provincial traffic regulator decided to make it easier for some companies to get car license plates that ease travel among Guangdong, Hong Kong and Macau as part of China’s Greater Bay Area integration.

Guangdong's Traffic Management Bureau said it will remove some previous restrictions on companies’ qualification, such as cross-border investment value and tax payment, for business vehicle plates that are permitted to travel freely between the province and the two Special Administrative Regions.

China is putting in place a series of new policies to streamline business links and labor flows among Guangdong, Hong Kong and Macau as part of the ambitious Greater Bay Area project.

The traffic regulator also pledged greater efforts to crack down on a black market in cross-border car plates that has thrived as the plates have been difficult to obtain. Rising demand for cross-border travel has driven the black market price to more than 1 million yuan ($149,000), Caixin learned.

Share this article

Open WeChat and scan the QR code