Countries along the Belt and Road account for 97 percent

China's used-car export business started four years ago.

In April 2019, the Ministry of Commerce, the Ministry of Public Security and the General Administration of Customs jointly issued the Notice on Supporting the Export Business of Second-hand Cars in regions with mature conditions, supporting the export business of second-hand cars in 10 regions including Beijing, Tianjin, Shanghai and Xi 'an.

As the largest used car online mall in China, Uxin is also the first batch of enterprises to obtain the qualification of exporting used cars in China. Thanks to favorable policies and the support of Xi 'an Port and Trade Zone, Uxin established the intention to cooperate with overseas buyers as soon as it contacted them. In August 2019, the first batch of new energy used cars were transported to Europe on the China-Europe freight train.

"The export of used cars not only plays an important role in activating the domestic automobile market and driving the growth of domestic consumption, but also plays a driving role in driving the whole automobile industry chain, logistics and automobile aftermarket. "The export of high-quality domestic used cars overseas also plays an important role in the recycling and resource integration of automobiles." Dai Kun, chairman of Unixin Group, said publicly at the time.

However, three years later, the "first order" in the grip of the used-car Yushin seems to have stalled the export layout.

I haven t started any related business recently. After 2020, Uxin will still focus on upgrading quality services, especially the investment, construction and operation of regional hypermarkets in China, which is the transformation of the self-built inventory model." Youxin used car brand head told The Times Weekly reporter.

As for whether the future will continue to develop the second-hand car export business, the person in charge said, "There is a good time should also consider. With rich experience in buying used cars across the country, good control of vehicle quality, national leading detection technology and scattered car transport logistics system throughout the country, Unixin does not rule out restarting export business at the right time."