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China's used car export business officially launched

Date: Sep 02, 2019

On May 8, 2019, the Ministry of Commerce, the Ministry of Public Security and the General Administration of Customs officially launched the export of used cars in China. The three departments pointed out that the development of second-hand car exports is an important way to deepen the "One Belt and One Road" cooperation and promote the high-quality development of foreign trade. It is conducive to stimulating the vitality of the domestic automobile consumption market, promoting the healthy development of China's automobile industry, and promoting the steady improvement of foreign trade.


At present, the Chinese auto market has entered a period of gradual saturation and slow growth. It is inevitable that the scale of the replacement of used cars will continue to grow in the future. The export of used cars is more conducive to the active use of the used car market in China, and the institutions that promote the metabolism of the entire car are gradually improved. Therefore, the launch of second-hand car export work is a landmark event in the history of China's auto industry export, which has important and far-reaching significance.