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.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58March 17 2018 18:26:43

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16March 17 2018 18:26:43

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18March 17 2018 18:26:43

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords