China starts to export their used cars to Russia

24 July 2019

In Guangdong formed the first batch of 300 pre-owned for export to Russia

Done! What for nearly two decades, had predicted and feared like the Apocalypse, the domestic analysts of the car market, it seems, began to export to Russia in Guangdong, China trained the first batch of used cars, as proudly announced by the Ministry of Commerce of China.
The total cost of a batch of 300 cars with mileage is $2.5 million, ie, one Chinese used car on average is estimated at $8.3 thousand (about ₽525 thousand). While details about the brands and models second hand, which will be supplied from China, no.
The supply of Chinese "beushek" but Russia will also be carried out in Cambodia, Nigeria (from Tianjin placed here batch of 60 commercial vehicles with a total value of $0.7 million) and Myanmar. So that our country after a quarter century development of the "civilized market" was in "good company" of the third world countries, the most suitable for the supply of used cars from a country that 20 years ago simply did not exist on the map of the global automotive industry. If, the countries of Indochina its auto industry still does not have, and in Nigeria there are only few enterprises screwdriver Assembly same Chinese cars, mainly pickups, Russia to supply the Chinese automobile second-hand market is quite enviable, what with the joy of the Chinese Ministry said: "Such exports can stimulate the vitality of the domestic market of car consumption, promote the healthy development of the Chinese automobile industry and to contribute to sustainable improvement of the external trade."

Recall, the China's Ministry of Commerce has allowed the export of used cars in may 2019, removing existing for a long time at the legislative level a ban.
The Chinese authorities had to take such an "unprecedented" step amid a sharp fall in new car sales occurred for the first time in nearly three decades. It is expected that the export of cars from the secondary market will enhance the renewal and sales of new cars of higher ecological class (from July – higher State 6, i.e. Euro 6). Allowed to export to supply not only local brands, but and released in China cars brands.
While permission to export of used cars this only the ten most motorized Chinese cities and provinces, including Beijing, Shanghai and Guangdong.
In 2018, the secondary automobile market of China to reach volume 13,82 million, which was less than half of the volume of the new car market – 28.08 million According to the Ministry of Commerce of China in developed countries for export is about 10% of the used car market is that, obviously, is the tentative milestone for Chinese exports.

PS China is a country of a planned economy, so that the permission to export used cars to Russia was not from out of the blue, and on the basis of a well-developed plan. So, a few months ago, emissaries of these 10 Chinese provinces went here to test the market. Once we laughed at the quality of the new Chinese cars, now as to our "epicanis" automakers do not have to cry, however, independent dealers still products of any country to trade. Consumers, especially in the province, primarily, concerned with survival, and therefore at an acceptable price may well be tempted and Chinese second-hand "without a run on Russia"..