economy - Shanghai license plate to record height

Eager Shanghainese car buyers were this weekend willing to pay an average of 43,333 Renminbi (US $ 5,221) for the license plates that are being auctioned off to fill the governmental coffers. According to the Shanghai Daily surrounding cities have actually stopped selling licence plates to Shanghainese, forcing them to pay the equivalent of a small car for the permission to drive.
On Saturday 10,000 people tried to buy 4,800 available license plates.