Core Viewpoint - The high parking fees in Guangzhou are a significant burden for residents, leading to a preference for alternative transportation methods, such as electric scooters, due to the exorbitant costs associated with car ownership and parking [1][10]. Parking Fee Comparison - Guangzhou's parking fees are among the highest in the country, averaging 26 yuan per hour in key areas, compared to 20 yuan in Shanghai and Shenzhen, and only 10 yuan in Beijing [2]. - In contrast, Shenzhen, despite having a higher vehicle ownership rate and a smaller land area, offers lower parking fees, indicating that Guangzhou's pricing is not solely based on supply and demand [4][12]. Parking Space Availability - As of June 2025, Guangzhou has approximately 4.38 million parking spaces for about 4.04 million vehicles, suggesting a seemingly balanced supply-demand ratio of 1.08 [12]. - However, the ideal parking space ratio should be at least 1.2 to effectively manage the dynamic demand for parking [13]. Urban Parking Challenges - Parking difficulties are particularly acute in older districts of Guangzhou, where residents often face challenges in finding parking spaces, leading to a "parking space scramble" [14]. - The management of parking spaces often relies on informal systems, with local residents playing a significant role in coordinating parking [14]. New Parking Regulations - The upcoming Guangzhou Parking Regulations, effective February 2026, aim to address parking issues through improved resource utilization and clearer management rules [17]. - The regulations will require government parking lots to be open to the public during non-working hours and will introduce penalties for non-compliance with pricing negotiations [20][21]. Expected Outcomes - While the new regulations may not immediately resolve parking shortages, they will clarify management responsibilities and pricing structures, potentially alleviating some of the existing challenges [25].