BEIJING, May 7 (Xinhua) -- China has launched exports of second-hand cars, with Beijing, Tianjin, Shanghai and Guangdong among the first batch of 10 regions allowed to conduct such trade, according to a statement from the Ministry of Commerce.
The second-hand cars export market has huge growth potential, according to the statement issued Monday.
The trade was officially kicked off Sunday. Earlier, a guideline was released in late April which required the development of sound inspection and after-sales services for second-hand cars exports.
The MOC will work with the Ministry of Public Security and the General Administration of Customs to improve regulations and services to support the sector, the statement said.
Industrial data showed that about 13.82 million used cars were traded in China last year, less than half of the new vehicles sold.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses
