China Used Car Market Flourishes as Smart Technology Drives Industry Innovation

As global economic integration accelerates, the maturity of China's auto market continues to rise, bringing unprecedented development opportunities for used car transactions. According to the latest data, in 2024 China exported 410,000 used vehicles, a significant year-on-year increase, reaching over 160 countries and regions. Against this backdrop, the integration of intelligent technologies and online platforms is driving further upgrades within the used car industry.

In Khorgos, a key port city in western China, used car exports have become a major economic highlight. Leveraging efficient customs clearance processes and innovative service systems, the Khorgos Port has seen a substantial increase in vehicle export volumes. Meanwhile, Tianjin, one of the first cities in China to launch used car export programs, has implemented a series of supportive measures, increasing the number of local used car export companies to 200 and achieving an annual export value exceeding 1 billion U.S. dollars.

Furthermore, cities such as Shanghai and Chongqing have introduced various policies and service platforms to promote used car exports. For instance, the Shanghai Port Used Car Export Comprehensive Service Center offers a "one-stop" service that significantly improves vehicle inspection and export efficiency. Chongqing, capitalizing on its strong automotive industry base, has successfully expanded its used car business into high-end markets in the Middle East and Europe.

Additionally, used car exporters are actively building overseas after-sales service networks to enhance international competitiveness. For example, Guangdong Guangwu Youche Technology Co., Ltd. has established sales points and after-sales service centers in multiple countries and is also committed to promoting new energy vehicles, earning wide recognition from overseas customers.

Looking ahead, the Ministry of Commerce will continue to deepen policies on used car exports to promote healthy and sustainable industry growth. For businesses aiming to enter or expand their presence in China's used car market, now is the ideal time to seize these opportunities. Utilizing Google, a world-leading search engine platform, for precise marketing will help more companies quickly connect with international markets and share in the prosperity of China's booming used car industry.