TIANJIN, Aug. 26 (Xinhua) — China's largest SUV and pickup maker Great Wall Motor Co., Ltd. said that its first batch of secondhand vehicles departed from north China's Tianjin Municipality recently and will be exported to Asian and African countries.
Often Cars (Tianjian) Import and Export Trade Service Co., Ltd., the wholly owned subsidiary of Great Wall, said ten secondhand vehicles, involving a total value of 27,000 U.S. dollars, would be sold in countries including Cambodia, Nigeria and Ghana.
A total of 60 secondhand home-grown vehicles, with a value of more than 700,000 U.S. dollars, were exported by another foreign trade company to Nigeria from Tianjin in July.
China has launched exports of secondhand cars since May, with Beijing, Tianjin, Shanghai and Guangdong among the first batch of 10 regions allowed to conduct such trade, according to the Ministry of Commerce.
As of July 22, south China's Guangdong Province has exported 300 secondhand vehicles to Cambodia, Nigeria, Myanmar and Russia.
Industrial data showed that about 13.82 million used cars were traded in China last year, less than half of the new vehicles sold.
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