"挤水分"？反内卷？大洗牌？记者采访多位一线从业者及专家发现，新规落地后，二手车出口生意的逻辑也要变了。 出口二手车江湖迎来新规，"零公里二手车"生意做不下去了。 近日商务部等四部门联合印发新规，开门见山第一条，便是"严控新车以二手车名义出口"。新规想堵住什么口子？ 今年夏天长城汽车董事长魏建军公开炮轰"零公里二手车"，由此走入公众视野，实际上，"零公里二手车"出口由来时间已久。新规即将生效，出 口二手车企业体感如何？ 新规明年起执行， 想堵住什么口子？ 近日，商务部、工业和信息化部、公安部、海关总署联合印发《关于进一步加强二手车出口管理工作的通知》，将于2026年1月1日起正式实 施。 新规想堵住什么口子？ 新规开门见山第一条，便是"严控新车以二手车名义出口"。这一强制要求，被视为对引发热议的"零公里二手车"这一操作的精准围堵。 《通知》明确，对申请出口距注册登记日期不满180天（含180天）的车辆，出口企业需补充提交车辆生产企业出具的《售后维修服务确认 书》，否则不予发放出口许可证。 来源：商务部网站 如何解读？直白一点来说，申请出口距注册登记日期不满180天的车辆，出口企业需要获得汽车制造商（后文也称" ...

Core Viewpoint - The recent regulatory measures by Chinese authorities aim to address the "zero-kilometer used car" phenomenon, ensuring that used car exports return to their original purpose and enhancing the integrity of the export process [1][3]. Group 1: Regulatory Changes - The Ministry of Commerce, along with other departments, issued a notification to strictly control the export of new cars under the guise of used cars, requiring additional documentation for vehicles registered less than 180 days prior to export starting January 1, 2026 [1][3]. - The notification provides a buffer period of approximately one and a half months for businesses to comply with the new regulations [1]. Group 2: Industry Context - The "zero-kilometer used car" issue has been criticized for allowing new cars to be exported as used vehicles, which undermines market order and can lead to warranty and ownership risks [1][2]. - The used car export volume in China has seen explosive growth, with projections of reaching 500,000 to 600,000 units in 2025, a significant increase from less than 3,000 units in 2019, reflecting a compound annual growth rate exceeding 100% [2][3]. Group 3: Market Integrity - The rapid growth of used car exports has been accompanied by some dishonest practices among a minority of companies, which disrupt market order and tarnish the overall image of Chinese used car exports [2][3]. - The regulatory framework aims not only to impose restrictions but also to guide the industry towards healthier development by establishing clear rules and encouraging self-regulation among businesses [3].

【明年起须提供售后确认书！#四部门新规严打零公里二手车#】11月14日，商务部、工业和信息化部、 公安部、海关总署联合发布《关于进一步加强二手车出口管理工作的通知》，明确自2026年1月1日起， 对申请出口距注册登记日期不满180天的车辆，需提交生产企业出具的《售后维修服务确认书》，对无 法提供材料的车辆，不予发放出口许可证。 据中国汽车流通协会数据，2024年二手车市场中"登记≤3个月、里程≤50公里"的车辆占比已飙升至 12.7%，相当于每8辆二手车中就有1辆是"刚上牌就转手"的准新车。 这一政策直指近年来盛行的"零公里二手车"出口乱象。 "零公里二手车"指的是已经完成车辆登记手续，但未实际使用或行驶里程极低的车辆。这类车辆虽然名 义上属于"二手车"，实则保持着新车状态。 ...

Core Viewpoint - The article discusses new regulations issued by Chinese authorities to strengthen the management of second-hand car exports, particularly targeting the issue of "zero-kilometer second-hand cars" that are essentially new vehicles being sold as used [3][4]. Group 1: Regulatory Changes - Starting from January 1, 2026, vehicles registered for less than 180 days must submit a "Post-Sales Service Confirmation" from the manufacturer to obtain an export license [3][4]. - The new regulations aim to curb the practice of exporting nearly new cars as second-hand vehicles, which has been a growing trend in the market [4][5]. Group 2: Market Impact - In 2024, 12.7% of the second-hand car market consisted of vehicles registered for less than three months and with mileage under 50 kilometers, indicating a significant presence of "just registered" cars in the market [4]. - The regulations are expected to prevent low-price arbitrage and chaotic competition, thereby stabilizing the overseas pricing system for vehicles [5]. Group 3: Industry Transformation - The new rules will compel companies to enhance their service offerings, including improving overseas maintenance networks and parts supply, shifting the industry focus from price competition to quality and service [5]. - The regulations are anticipated to create a more orderly global competitive environment for Chinese automotive exports, supporting the goal of surpassing ten million units in exports [5][6].

Core Insights - The phenomenon of "zero-kilometer used cars" is prevalent in the automotive industry, with 12.7% of the 19.61 million used cars traded in 2024 falling into this category, particularly dominated by new energy vehicles [1][2] - "Zero-kilometer used cars" are defined as vehicles that have not been used by individuals but are classified as used due to registration, including "resource cars," "volume cars," and "return cars" [2] - The practice of selling zero-kilometer used cars is driven by manufacturers and dealers to inflate sales figures, deceive consumers, and exploit subsidies [3][4] Industry Dynamics - The automotive market is experiencing intense competition, leading manufacturers to create a facade of high sales by selling zero-kilometer used cars at prices close to new cars [3] - The inventory warning index for car dealers reached 54.5% in September, indicating that many dealers are struggling to meet sales targets, with over 70% failing to achieve their goals [4] - The practice of using zero-kilometer used cars to claim subsidies and export tax refunds is widespread, with 80% of the 440,000 used cars exported last year being zero-kilometer vehicles [5] Consumer Implications - Consumers purchasing zero-kilometer used cars may face risks such as loss of warranty and lower resale value, despite the initial appearance of buying a new vehicle [6] - The current market dynamics threaten the integrity of the automotive pricing system and the used car market, necessitating regulatory intervention and industry self-reflection to restore healthy development [6]

Core Viewpoint - The Chinese used car export market is shifting from "zero kilometer" vehicles to "long kilometer" vehicles due to international policy changes and market demands, with a focus on sustainable and quality-driven growth in the industry [1][6][8]. Group 1: Market Trends - The export volume of used cars from China has surged from approximately 3,000 units in 2019 to 436,000 units in 2024 [1]. - "Zero kilometer" used cars, which are essentially new cars sold at a discount, have become a popular choice for dealers looking to boost sales and profits [1][3]. - However, the rise of "zero kilometer" exports has led to market disruptions, affecting the normal trade of new and used cars and raising concerns about the competitive image of Chinese automotive brands abroad [1][4]. Group 2: Regulatory Environment - The Ministry of Commerce announced that it will implement regulations and procedures for used car exports starting February 2024, aiming to ensure quality and safety for overseas consumers [2]. - The government is expected to continue guiding the used car export sector to promote healthy and orderly development [2]. Group 3: Industry Challenges - The competitive landscape for used cars in China is intensifying, with over 50% of new car dealers currently operating at a loss, leading them to collaborate with used car exporters to alleviate financial pressures [4]. - The "zero kilometer" export model has been criticized for creating a "grey" market where cars are hoarded and sold at inflated prices, further squeezing the margins of compliant dealers [4]. Group 4: Future Directions - The industry is moving towards "long kilometer" used cars, which are better suited to meet international market demands for quality and practicality [6][7]. - "Long kilometer" vehicles are characterized by their adaptability to international standards and are seen as the key to unlocking global market potential [6][7]. - Industry leaders believe that with a strategic approach, "long kilometer" used cars could dominate the export market, potentially capturing 50% of the global share within a decade, equating to 5 million units [8].

Core Viewpoint - The article discusses the shift in China's used car export market from "zero-kilometer" vehicles to "long-kilometer" vehicles, highlighting the challenges and opportunities in this transition as the industry matures and seeks sustainable growth [1][8]. Group 1: Current State of Used Car Exports - China's used car exports have surged from approximately 3,000 vehicles in 2019 to 436,000 vehicles projected for 2024, with "zero-kilometer" cars being a significant part of this growth [1]. - "Zero-kilometer" used cars, which are essentially new cars with low mileage sold at a discount, have become a popular choice for exporters due to their appealing price point, often around 80% of the new car price [3][5]. - However, the export of "zero-kilometer" vehicles has raised concerns about market order, the quality of after-sales service, and the competitive image of Chinese automotive brands abroad [1][6]. Group 2: Regulatory and Market Dynamics - The Ministry of Commerce announced plans to standardize used car export procedures, aiming to ensure quality and safety while promoting healthy development in the sector [2]. - The competitive landscape for new cars in China has led to over 50% of dealers operating at a loss, prompting them to collaborate with used car exporters to alleviate financial pressures [5]. Group 3: Transition to Long-Kilometer Vehicles - Industry experts emphasize the need to transition to "long-kilometer" used cars, which are better suited to meet international market demands and are characterized by their quality and adaptability [8]. - The challenges in this transition include sourcing vehicles from individual owners and small dealers, high costs of vehicle condition certification, and inefficiencies in logistics and distribution [8]. - The potential for "long-kilometer" vehicles to dominate the export market is significant, with projections suggesting that China could capture 50% of the global market share for this category within a decade, equating to 5 million vehicles [9].

Core Viewpoint - The Chinese used car export market is shifting from "zero kilometer" vehicles to "long kilometer" vehicles to better meet international market demands and address emerging challenges in the industry [1][6]. Group 1: Market Trends - The export volume of used cars from China has surged from approximately 3,000 units in 2019 to 436,000 units in 2024 [1]. - "Zero kilometer" used cars, which are essentially new cars sold at a discount, have been a popular choice for exporters but are increasingly seen as a temporary solution [1][5]. - The Ministry of Commerce has initiated regulations for used car exports, aiming for a healthy and orderly development of the sector [2]. Group 2: Challenges in the Industry - The competitive pricing of new cars has negatively impacted the profitability of used car businesses, with over 50% of dealers currently operating at a loss [4]. - The "zero kilometer" used car exports have created market disruptions, affecting both new and used car export trades and leading to increased competition in overseas markets [4][6]. - Issues such as the lack of standardized vehicle conditions and high certification costs are significant barriers to the growth of the used car export market [6]. Group 3: Transition to Long Kilometer Used Cars - The industry is moving towards "long kilometer" used cars, which are better suited for international markets and meet the demand for quality and price [6]. - The transition requires addressing challenges such as sourcing vehicles, standardizing vehicle conditions, and improving logistics efficiency [6]. - Industry leaders believe that with proper strategies, "long kilometer" used cars could dominate the export market, potentially capturing 50% of the global share within a decade, equating to 5 million units [7].

Core Viewpoint - The emergence of "zero-kilometer used cars" in China's second-hand car market, primarily consisting of nearly new vehicles with minimal mileage, is creating a distorted market dynamic that poses risks to consumers and the industry as a whole [1][4][5]. Group 1: Market Dynamics - A significant portion of the second-hand car market consists of vehicles with a registration date of less than three months and mileage under 50 kilometers, accounting for 12.7% of the market, with over 60% being new energy vehicles [4]. - The pricing of these zero-kilometer used cars is 15% to 30% lower than that of new cars, making them attractive to consumers [1][4]. - The practice of registering new cars under employee or affiliated company names to create a false sales record is a common strategy among dealers to manage inventory and sales data [5][6]. Group 2: Financial Pressures - Automotive companies face significant inventory and cash flow pressures, leading them to adopt quick turnover strategies, even at reduced profit margins, to avoid further depreciation of unsold vehicles [5][6]. - Some dealers resort to registering new cars as used cars to meet sales targets and obtain manufacturer rebates, despite the lower profit per vehicle [6]. Group 3: Consumer Risks - Consumers purchasing zero-kilometer used cars lose essential warranties, particularly on critical components like the battery, which can lead to high replacement costs [9]. - The quality of these vehicles is often questionable, as some may include test drive or display models, which could have hidden issues [9]. Group 4: Market Disruption - The proliferation of zero-kilometer used cars disrupts the traditional used car market, making it difficult for legitimate used car dealers to compete [11]. - The pricing chaos leads to a situation where new cars are priced lower than used cars, undermining the market's pricing structure and brand value [11]. Group 5: Regulatory Response - The Ministry of Commerce has initiated measures to regulate the zero-kilometer used car phenomenon, including establishing a traceability system for vehicles throughout their lifecycle [13]. - Proposed regulations aim to restrict the immediate resale of newly registered vehicles as used cars, addressing the short-term arbitrage opportunities [13]. Group 6: Industry Recommendations - The industry is encouraged to shift focus from sales volume to product quality and technological innovation, moving away from a sales-centric evaluation system [15]. - Consumers are advised to consider vehicle quality and after-sales service rather than solely focusing on price when purchasing cars [15].

Economic Overview - China's economy showed a year-on-year growth of 5.3% in the first half of the year, with significant improvements in manufacturing and consumption sectors [1] - Household deposits increased by over 10 trillion yuan, reaching a historical high of 162 trillion yuan, with per capita deposits at 115,000 yuan [1] Real Estate Market - The real estate market continued to experience a "quantity and price decline" trend in the first half of the year, with the average transaction price of new homes at approximately 9,649 yuan per square meter, a noticeable decrease from 9,847 yuan in the same period last year [3] - The implementation of the new residential project standards aims to enhance the livability of new homes, potentially increasing their premium space [4] - Policies to mitigate real estate risks, such as ensuring project completion and acquiring existing homes for affordable housing, are expected to continue [5] - The inventory of new homes stood at 769.48 million square meters by the end of June, reflecting a growth of over 4% compared to the previous year [10] Automotive Market - Despite being the largest and fastest-growing automotive market globally, fierce price competition among car manufacturers has led to an average profit margin of only 4.8% for domestic car companies [12] - The average price drop for new cars exceeded 11% in the first half of the year, with electric vehicles seeing a 12% decrease [16] - The Ministry of Public Security has issued warnings regarding the safety risks associated with intelligent driving systems, urging consumers to be cautious [18] Deposit and Interest Rate Trends - As of June, the average interest rate for fixed-term deposits in commercial banks has fallen below 1%, indicating a shift towards a "1% era" [19] - A new policy will impose value-added tax on the interest of government bonds and local bonds starting August 8, which may influence investment behaviors [21] - The trend of increasing household deposits has persisted, raising concerns about the effectiveness of monetary policy in stimulating economic growth [21][24]