Guangzhou: Bolsters Large-scale Used Car Market Expansion and Fosters Used Car Business Entities
2025-04-14 / Read about 0 minute
Author:小编   

The Leading Group Office for the Construction of Guangzhou's International Consumption Center City has unveiled the "Key Strategies for Cultivating and Building Guangzhou's International Consumption Center City by 2025." The plan emphasizes fostering the automotive industry from both production and consumption angles, empowering automotive enterprises to leverage trade-in and export policies to broaden their domestic and international footprints. Notably, it advocates for the expansive development of the used car market, enhances the recycling mechanism for end-of-life vehicles, and nurtures used car business entities. Furthermore, it encourages professional markets and e-commerce platforms to innovate auto parts circulation models, fostering a diversified auto parts distribution network. Guangzhou will actively pursue pilot projects in automotive circulation and consumption reforms, explore new automotive consumption paradigms, and expand aftermarket consumption.