In the next five years, 40% of Beijing homes hope to buy a car while in the previous five years, the number of homes with private cars has already increased three times, bringing the total number of private cars from 220,000 to 600,000. These figures were just realeased yesterday in the report released from the Beijing Urban Resident Lifestyle Survey.
The survey was conducted by Hu Dayuan and Li Ling of Peking University’s China Center for Economic Research (CCER) to act as a measure of popular opinion for the government in deciding policy. The survey dealt mainly with daily activities such as eating, transportation and healthcare. The CCER conducted home interviews with nearly 2000 households in eight of Beijing’s districts in the years 1996, 2000 and 2005.