14 new regions in China have launched second-hand car export business!

Since 2018, China's used car export policy has been gradually optimized. On the original basis, 14 regions have been newly added recently to expand the used car export business.
However, from the current actual situation, due to a series of problems such as model, price, freight and exchange rate, the actual annual export scale of second-hand cars in China is about 12,000-2000 units. Compared with the United States, Japan and South Korea, there is still a big gap in scale and magnitude.
Compared with China's new car exports, it is estimated that in 2022, China's auto exports will exceed 3.6 million, surpassing Germany to become the second largest in the world, and new energy vehicles will make a significant contribution.
We believe that with the passage of time and the development of the industry, as well as the recovery of the global economy, China's second-hand car exports will continue to expand in the future market prospects.
According to the news on the website of the Ministry of Commerce on December 6, the Ministry of Commerce, the Ministry of Public Security and the General Administration of Customs issued a notice on further expanding the regional scope of second-hand car export business.