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Tianjin launched exports of secondhand car to boost sales
Published on: 2019-05-14
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010China has officially launched exports of secondhand cars, with Beijing, Tianjin and Shanghai among the first batch of 10 regions allowed to export the vehicles.

Aerial View of New cars parked Tianjin HarborAerial View of New cars parked Tianjin Harbor

The 10 regions are Beijing, Tianjin, Shanghai, Guangdong province, Taizhou in Zhejiang province, Jining and Qingdao in Shandong province, Chengdu in Sichuan province, Xi'an in Shaanxi province , and Xiamen in Fujian province.

012A man walks through a used car sales yard in Beijing

According to the China Automobile Dealers Association, about 13.82 million used cars were traded in China last year, less than half of the new vehicles sold.

011Compared with developed countries where sales of second hand cars are usually twice the number of new car sales, China's used vehicles exports market has huge growth potential.

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