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The proportion of self-owned brand exports further increased,

I. The export proportion of self-owned brands increased further, and the export of commercial vehicles grew rapidly. From January to May, the export of self-owned brands reached 2.07 billion US dollars, accounting for 34.4%. Exports of passenger vehicles increased by 10.3%, especially those of trucks by 25.7%.

2. Increasing export volume to some emerging markets, Chinese locomotive enterprises actively responded to the Belt and Road Initiative and vigorously developed diversified markets. The export volume to Malaysia, Belarus and Algeria increased by 5 times, 3.4 times and 6.4 times respectively.

3. The international competitiveness of new-energy vehicles has been continuously improved. The export of new-energy vehicles increased by 67.7% from January to May, with the average unit price of 84,000 US dollars, six times that of traditional vehicles. In particular, the recognition of pure electric buses in developed countries continues to improve, and the number of exports to the European Union has doubled. The average unit price is $300,000.

And in the used car export, has also been put on the focus. According to the statistics of China Automobile Dealers Association, in 2018, China's second-hand car trade volume reached 13.82 million, less than half of the new car sales volume (28.8 million). If the second-hand car trade volume in developed countries is twice the new car sales volume and the second-hand car export volume is more than 10%, China's second-hand car export has great development potential. In order to promote the development of second-hand car export business, the Ministry of Commerce, the Ministry of Public Security and the General Administration of Customs jointly issued the Notice on Supporting the Export of Second-hand Car business in mature areas (hereinafter referred to as the Notice) on April 29 this year, clarifying the relevant requirements and work tasks of the export of second-hand car.

It is understood that on the morning of July 19, the first used car export ceremony was officially held in Xi 'an International Port Zone. The first batch of used car export sources provided by Uxin have successfully completed customs clearance, and all of them have taken the China-Europe freight train "Changan" to Warsaw, Poland.

"Generally speaking, although affected by Sino-US trade friction and geopolitical tightening, Chinese auto export situation is complicated and severe this year. The downward pressure will increase in the second half of the year, but as Chinese auto companies accelerate their efforts to go global, tap into the potential of emerging markets, and start to realize volume exports of used cars, it will provide opportunities for expanding car exports."

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