About 13.82 million used cars were listed in China last year, but half the new vehicles sold
Ten Chinese cities are ready to export second-hand cars to world markets, , in line with an announcement from the Ministry of Commerce.
Beijing, Tianjin, Shanghai, Taizhou in Zhejiang province, Jining and Qingdao in Shandong province, Chengdu in Szechwan province, Xi’an in Shanxi province, and Xiamen in Fujian province and state square measure the primary batch of ten regions allowed to conduct such trade.
Industrial knowledge showed that concerning thirteen.82 million used cars were listed in China last year, but half the new vehicles sold . as compared, mercantilism volume of used automobiles square measure concerning two occasions of recent car sales volume in developed countries. The second-hand automobile export market has Brobdingnagian growth potential, the statement same.
Analyst calculable that used automobile exports might notice concerning sixty billion yuan in export price if the market was totally detached. additionally, such trade can generate higher automobile components exports and maintenance service exports.
Earlier, a suggestion was free in late April that needed the event of sound examination and after-sales services for second-hand automobile exports. The commerce ministry can work with the Ministry of security and also the General Administration of Customs to enhance rules and services to support the arena, it added.