The Shanghai Used Car International Trading Comprehensive Service Platform was launched on Thursday in the China (Shanghai) Pilot Free Trade Zone, marking a new stage in the city’s push to expand secondhand vehicle exports.
The initiative reflects Shanghai’s position as a major automotive hub and the world’s largest trading port, where overseas demand for used vehicles has continued to strengthen.
According to data from the Shanghai Municipal Commission of Commerce, the city exported more than 20,000 used vehicles in the first 11 months of this year, more than doubling year-on-year.
In September, the commission issued an action plan to accelerate secondhand vehicle exports and support the creation of the new service platform in the Pudong New Area. The platform is operated by a subsidiary of Shanghai Waigaoqiao Free Trade Zone Group.
Officials say the platform integrates resources across the entire industry chain and benefits from free trade zone advantages. It provides services covering public management functions, vehicle display and transactions, inspection and preparation, logistics and transportation, Customs clearance, industry research, financial support, and overseas services.
A special commission has also been established under the Shanghai Chamber of Commerce for Import and Export to connect enterprises, financial institutions, and commercial banks. Industry representatives expressed support for the launch.
Yu Han, general manager of public affairs at Beijing-based online auto trading company Chehaoduo, said the platform will benefit used car dealers, owners, and buyers.
Wang Peng, associate research fellow at the Beijing Academy of Social Sciences, said the platform will combine policy and location advantages, form a closed-loop ecosystem for the export chain, and promote industry upgrading, foreign trade growth, and regional model replication.
Under the action plan, Shanghai aims to incubate three to five leading used vehicle exporters by 2027 and increase annual export volume to 50,000 units.
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