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On April 16, the Guangzhou Municipal Bureau of Commerce officially unveiled its "Guangzhou Work Plan for Cultivating and Building an International Consumption Center City by 2025" on its website. The plan outlines a dual-pronged approach to fostering the automotive industry, emphasizing both production and consumption. It aims to assist automotive enterprises in leveraging trade-in and export policies to broaden their domestic and international market reach. Concurrently, the plan supports the expansion of used car circulation, enhances the recycling and utilization system for end-of-life vehicles, and encourages professional markets and e-commerce platforms to innovate auto parts circulation models, fostering a diverse auto parts distribution network. Furthermore, Guangzhou is actively pursuing pilot projects in automotive circulation and consumption reforms, exploring new consumption scenarios, and expanding the automotive aftermarket.
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