The Chinese government network recently released the "Several Opinions of the General Office of the State Council on Strengthening Imports", which explicitly proposed to step up the pilot project of parallel import of automobiles in the China (Shanghai) Pilot Free Trade Zone, which made Shanghai from more than two months ago. The trade zone is preparing for the “parallel import of carsâ€.
Since imported cars are subject to customs duties, consumption tax, value-added tax, etc., the price of imported cars is twice as expensive as that of foreign countries. And "parallel import cars" because of the lack of intermediate links, the cost is lower than the 4S store. Counting other costs, the industry expects the price of parallel imported cars to be about 15% lower than the current price of 4S stores.
At present, ports such as Tianjin and Dalian have already had similar parallel imported cars, but they are still in the gray area. According to statistics, China currently imports more than 1 million vehicles per year, 10% of which are imported in parallel.
hangzhou mankun imp. exp. co., ltd. , https://www.multihzs.com