Hohhot to hold used car export debut

Hohhot Comprehensive Free Trade Zone held the used car export launch ceremony, the first batch of about 60 used cars will be exported to Central Asia, Southeast Asia countries. Models involve new energy, construction machinery, modified cars, etc.

It is understood that Hohhot comprehensive bonded Zone enjoys tax exemption, bond, tax refund and preferential tax rate tax policy, enjoy unlimited storage, centralized customs declaration, free circulation, convenient entry and exit management and other regulatory policies. In terms of investment cost, the electricity price is low, the land price is favorable, but also has a unique advantage in employment and local policy support.

At present, the industries of Hohhot comprehensive bonded Zone involve electronic information, photovoltaic materials, food packaging, general trade, cross-border e-commerce, inspection and testing, financial leasing, export of second-hand cars, processing and refining of precious metals and other fields.

Dong Yanchun, secretary of the Party Working Committee and director of the management committee of Hohhot Comprehensive Free Trade Zone, said that the second-hand car export business is an important starting point for Hohhot's strategy of opening up to the north, with exports expected to reach 2 billion yuan this year. Hohhot Comprehensive Bonded Zone will make full use of the opportunity of pilot cities for second-hand cars, give play to its special advantages and functions, and create a "strong magnetic field" for attracting investment with the greatest enthusiasm, sincerity and best service.