They said | From scratch, they cut through all obstacles and ran to the blue sea of stars.
Release time:
2021-09-12 00:00
They said | From scratch, they cut through all obstacles and ran to the blue sea of stars.
Speech at the "Dual Zone Linkage" between Tianjin Port Free Trade Zone and TEDA Cooperation Zone and the First Launch Ceremony of Chinese Used Car Exports to Egypt
Sun Hankun
First of all, I am very pleased to represent China Credit Insurance Tianjin Branch to be invited to participate in the launch ceremony of China's second-hand car export to Egypt jointly organized by Tianjin Port Free Trade Zone and TEDA Cooperation Zone.
China's second-hand car export business was officially launched in 2019 and has been carried out in more than 30 regions across the country with the promotion and support of the Ministry of Commerce, the Ministry of Public Security, and the General Administration of Customs. By the end of 2020, there were 41 pilot second-hand car export enterprises nationwide, which were sold to more than 80 countries and regions. In 2019, China exported a total of 3036 used cars with an export value of US $14.86 million billion. In 2020, my country's first 10 second-hand car export cities will export a total of 4322 second-hand cars, with an export value of US $20.81 million. Successfully achieved a historical breakthrough in China's second-hand car export industry from scratch.
At the same time, we are also concerned that global second-hand car exports are still dominated by Japan, the United States, and South Korea. In 2020, 1.3 million used cars were exported from Japan, 1.1 million from the United States and 300000 from South Korea. There is still a huge gap between China's used car export volume and the international traditional automobile industry powers. Of course, my country's second-hand car export industry is in its infancy, facing many problems and shortcomings such as industry standardization, process optimization, model innovation, policy support and financial service support. Therefore, China Credit Insurance will work together with your colleagues to continuously expand the development of the second-hand car industry in our city.
This time, China-Africa TEDA and the city's pilot enterprises jointly opened a new chapter of cooperation in the second-hand car export industry between China and Egypt. China Export and Credit Insurance Corporation, as the only policy insurance company in China, Tianjin Branch has underwritten the first used car export policy of the whole system since 2019, and has now underwritten four used car pilot enterprises in our city, with a cumulative underwriting amount of US $1.89 million and a total compensation amount of US $136000. It has played an important role in supporting the healthy and sustainable development of the used car export industry in Tianjin.
The export of second-hand cars is a milestone event in the export history of my country's automobile industry. It is of great and far-reaching significance. It is an important way to deepen the cooperation of the "Belt and Road" and promote the high-quality development of foreign trade. It is also an important measure to promote the upgrading of domestic automobile consumption and promote the domestic and international double cycles of the automobile industry. China Credit Insurance will work with colleagues in all enterprises to actively play the role of policy-based financial institutions, provide comprehensive policy-based credit insurance service support for the second-hand car export industry in the direction of preventing risks, opening up the market, and promoting financing, and help the city's pilot enterprises to group together. To go out to sea and sail to the blue ocean of stars in the international market.
The author of this article is the deputy general manager of the Tianjin branch of China Export Credit Insurance Corporation.
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