Guiyang sees rapid rise in second-hand vehicle exports

The China (Guiyang) second-hand vehicle export base located in Guiyang FTZ is expected to boost Guizhou's exports. [Photo/ddcpc website]

From January to May this year, Guiyang, capital of Southwest China's Guizhou province, saw impressive results in the export of second-hand vehicles, with over 700 second-hand vehicles sold overseas, valued at around $15 million.

Exports have expanded rapidly since Guiyang received approval to engage in the export of second-hand vehicles on Dec 6, 2022. On May 24, 2023, the city's (and Guizhou's) first exported second-hand vehicles were delivered to Kyrgyzstan.

On Dec 1, 2023, the China (Guiyang) second-hand vehicle export base was officially launched in Guiyang Free Trade Zone (Guiyang FTZ), boosting the development of second-hand vehicle exports.

To better serve second-hand vehicle export enterprises, the government affairs hall of Guiyang FTZ established a one-stop service platform in the China (Guiyang) second-hand vehicle export base, with dedicated service windows set up by departments such as traffic management and customs.

Zhucheng Customs, which is under the administration of Guiyang Customs, uses a 24/7 on-demand inspection mechanism, giving priority to processing procedures such as document review, inspection, and goods release.

It has also created an innovative "second-hand vehicles + Guiyang FTZ + Guiyang International Land Port" business model to facilitate second-hand vehicles boarding international freight trains for export.

The provincial and municipal tax departments continue to streamline processes, reducing the time needed for enterprises to apply for export tax refunds. In the past, applying for tax refunds for the first order of their new businesses would require 60 to 90 days for new companies, but now it can be completed in just 30 days.