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Since the beginning of this year, in the scrapping and renewal and trade-in policy, the automobile consumer market has been further activated, while the used car market has also warmed up significantly, realizing the transaction volume year-on-year, double growth.The reporter learned that, in addition to the domestic cycle of the used car market accounted for the vast majority, there is a part of the replacement of the used car down to the international market.
Used car exports become a new highlight of China’s foreign trade
The reporter came to Guangzhou’s largest used car market, and saw many international faces at the scene.The staff told the reporter that the foreigners who come to purchase Chinese cars, especially new energy cars, are very interested in, and the order is particularly decisive.
Liu Hongbo, Deputy General Manager of Guangzhou Baolijie Used Car Market: Many used cars with high quality sources have entered the used car market.China’s used cars exported to overseas, the same model, the foreign price is almost twice the domestic price.
A used car dealer in Guangzhou: After the “trade-in” subsidy, we have a richer supply of cars.For the same quality, a new energy car that costs 70,000 yuan in China can be sold for more than 36,000 dollars abroad.
At present, China’s used car exports have gone from pilot first to full liberalization, and all over the world have shown a high-speed growth trend.Jiangsu Province 2024 exported more than 3,500 vehicles in the first half of the year, the export amount of about 80 million U.S. dollars; Tianjin City, the export amount of nearly 4 billion yuan, an increase of 2.3 times; Inner Mongolia in the first three quarters of the cumulative total of 6,251 exports of second-hand vehicles, the export amount of more than 100 million U.S. dollars.
Wang Du, Vice President of China Automobile Circulation Association (CACA): The export market of used cars is a bright spot now, and the export volume is expanding year by year, and now the national export of used cars has exceeded 160 countries and regions.
The brands exported from China have gradually established a certain brand image in the used car market.Five years ago, China piloted used car exports in 10 cities.Only 3,036 units were exported in 2019, the year it started; then within two years it surpassed 10,000; by 2022 this figure jumped straight to 69,000, a year-on-year increase of more than 350%.

According to the latest data from China Automobile Circulation Association (CACA), the export of used cars for the whole year of 2023 has reached 270,000 units, and it is expected that 2024 is expected to hit the 400,000 units mark.
Many places to build a platform to increase the scale of exports in February this year, the Ministry of Commerce and other five departments issued a notice to carry out nationwide used car export business.At the same time, all places are also actively building platforms to promote the industry gradually to scale.
A few days ago, the Shanghai Port Used Vehicle Export Service Center was officially inaugurated.As the first used car export inspection point in the port area, the “service center” can provide one-stop motor vehicle registration and port logistics services for used car export enterprises in Shanghai and neighboring provinces and cities, reduce the risk of multiple movements of export vehicles and transportation costs, and greatly accelerate the efficiency of used car inspection and export.

Staff of a used car export enterprise in Shanghai: On average, each car can be reduced by 600 to 800 yuan.The efficiency of the whole operation can be improved by about 10 days, so the turnover rate of the whole enterprise will be of great help.
As an important automobile industry base in China, Chongqing Municipality is also vigorously promoting the “Yu car to the sea” action plan.
Data show that in the first half of this year, Chongqing exported 223,000 cars, of which 12,796 exported used cars, the export amount of 360 million U.S. dollars, covering the world’s 42 countries and regions, becoming a new growth point in foreign trade exports.The reporter learned in the interview that Chongqing’s used car exports have also expanded to the middle and high-end markets.

Staff of a used car export enterprise in Chongqing: Nowadays, some middle- and high-end models made in China are very popular among overseas customers.
At present, our business scope has been expanded to the Middle East, Dubai, some countries in Europe, these customers have a very large demand for our Chinese new energy brand models!
In addition, Tianjin through the establishment of “used car export + bonded + China-European liner” this export model, in recent years, continue to expand engineering vehicles, commercial vehicles, traditional energy and new energy passenger cars and other models of export business, this year, from January to October has been exported to a total of more than 8,000 units of used cars.
Not long ago, is the innovative launch of used car export cross-border warranty service, so that overseas consumers in the vehicle failure, you can first contact customer service so as to get effective after-sales warranty guidance, to help the healthy development of the industry.
Used car exports pick up speed again with multiple policy support
In recent years, supportive policies have been introduced around the world to provide support and guidance to used-vehicle exporters.A number of replicable and generalizable experiences have been developed.
The Shanghai Municipality has recently issued “Several Measures to Promote the Export of Used Vehicles in Shanghai”, which clearly puts forward the setting up of a “special license quota for the export of used vehicles”, the promotion of the construction of a domestic trading system for used vehicles, and the promotion of the scale of the export of used vehicles.

Zhejiang Province has also issued a few days ago, “Zhejiang Province to further promote the export of used cars views (for trial implementation)”, used car export enterprises are encouraged to contribute to the construction of their own ro-ro fleet, to enhance the effectiveness of maritime export, and through the opening of a “green channel”, to meet the eligibility requirements of the second-hand automobile containers, dangerous goods declaration of the government processing time is clearly limited to 24 hours!Within 24 hours.
Guangdong, as a major production and marketing province, is focusing on strengthening the used car export service system, supporting leading enterprises to build used car export bases in major ports, and supporting the establishment of a used car export enterprise alliance to promote the docking of resources between host factories and export enterprises.

Figure: China (Sichuan-Shuangliu) Used Car Export Base
It is understood that diversified policies have been introduced across the country, seeking to provide a better business environment for used-vehicle exporters.Facilitation measures, including paperless license application, national customs integration, and transfer pending export, have greatly reduced the operating costs of enterprises and improved the efficiency of business development.In the future, under the guidance of more perfect policies, China’s used cars should not only “go out”, but also “go in”, establish a good reputation overseas and form a better business model.
This article is reprinted from [CCTV News Client