I meant to say "vehicle registration number plate" or "license plate" instead of "driver's license" in my Money Matters TV interview with Mr. Jim Butler on the Chinese electric car market.
Getting a driver's license in China is routine but in the four cities of Beijing, Shanghai, Guangzhou (formerly called Canton), and Shenzhen, city governments discourage people from car ownership because the roadways are already clogged with heavy traffic. The municipal governments use the vehicle license plate (number plate) as a tool to limit the number of people who can drive a car. This is why public bidding can drive up the cost of an otherwise cheap metal license number plate to thousands and tens of thousands of dollars per car.
I apologize for saying "driver's license." I should have said "license plate."
James Chan, Ph.D., Consultant Asia Marketing and Management (AMM) 2014 Naudain Street