Le futur vert via la Chine.

Recently, China Export & Credit Insurance Corporation (Sinosure) Zhejiang Branch successfully issued Hangzhou’s first export credit insurance policy for used cars to Hangzhou Huge International Trading Co., Ltd. Since Huge International obtained its used car export qualification at the end of March, it took just over ten days for the policy to be approved and take effect. This milestone marks a significant advancement in risk management for Hangzhou’s used car export sector.

As one of the key trade channels, the export of used cars plays an important role in promoting high-quality foreign trade development. Last year, China fully liberalized this business, leading to a continuous increase in Hangzhou's used car export volume, with private enterprises contributing significantly. Currently, Qiantang District ranks first in Hangzhou in both export volume and value for used cars among private enterprises. Notably, the city's first independently completed used car export by a private enterprise was handled by Huge International.

Recently, Hangzhou Huge International Trading Co., Ltd. (hereinafter referred to as "Huge International"), a used car export enterprise based in Qiantang, successfully completed customs clearance for its first batch of 300 branded used cars. This marks the first private enterprise in Hangzhou to independently complete vehicle export customs clearance since the city officially lifted restrictions on used car export qualifications.