China's first port-based used car export service center opens in Shanghai

Shanghai launched China's first port-based used car export service center at the Shanghai Haitong International Automotive Terminal on Nov 20. This service center, established by the Shanghai Waigaoqiao Free Trade Zone Group Co, Ltd, aims to provide seamless, one-stop services for vehicle registration and comprehensive logistics to used car export enterprises in Shanghai and nearby provinces.

As the first used car export inspection site within a port area in China, the service center is set to revolutionize the industry by reducing safety risks and transportation costs associated with multiple vehicle movements, thereby enhancing the overall efficiency of certification services. An official stated that these measures are designed to streamline the export process and improve operational efficiency for businesses involved in used car exports.

"The service center helps every company save the transportation cost of about 500 to 600 yuan ($69.1 to $96.2) per car from the city vehicle management offices to the port," said Zhang Wen, general manager of Shanghai Leiyin Automotive Services Co Ltd. Zhang further highlighted that the simplified process reduces the time required for vehicle export by approximately 10 days, significantly benefiting companies' capital turnover and inventory turnover rates.