Beijing keeps cars off road with financial rewards

Updated 2018-01-31 09:40:05 Xinhua

Beijing authorities have come up with another way to keep cars off the road to ease traffic jams and control emissions: financial rewards.

China Beijing Environment Exchange on Tuesday launched a program, which gives money to drivers who choose not to drive.

According to the exchange, drivers must to register on the program's public WeChat account to receive equipment that monitors a vehicle's motion. The equipment requires a deposit of 998 yuan, but is free if the driver buys insurance from the exchange's partner insurance company.

For each day the vehicle is not driven, the driver receives 0.5 yuan, in addition to up to 20 yuan from the exchange's partner companies.

China Beijing Environment Exchange was established in 2008 under the approval of the Beijing government. It aims to reduce emissions and save energy.

Beijing has more than 3 million cars, according to the Traffic Management Bureau of the Ministry of Public Security.

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