China expands second-hand car exports

China has permitted 14 more regions， including Liaoning， Fujian， and Sichuan， to conduct exports of second－hand cars， according to a notice from the Ministry of Commerce （MOC）．

The notice was jointly issued by the MOC， the Ministry of Public Security， and the General Administration of Customs on Tuesday．

These regions shall formulate admission standards for local enterprises， standardize selection procedures， and assist companies with access to second－hand cars for sale， overseas marketing channels， and after－sales support， it said．

More efforts should be made to facilitate vehicle transaction registration， license application and customs clearance to create a sound environment， it added．

China officially kicked off exports of second－hand cars in May 2019， with Beijing， Tianjin， Shanghai and Guangdong among the first batch of 10 regions allowed to conduct such trade．

Industrial data showed that 13．3 million used cars were traded in China in the first 10 months of 2022．

Source（s）： Xinhua News Agency