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Multiple policies boost, used car exports pick up speed. In recent years, various regions have introduced supportive policies to provide support and guidance for used car export enterprises, forming a set of replicable and promotable experiences.   Setting up a dedicated quota for used car export licenses. Recently, Shanghai Municipality issued the "Several Measures to Promote the Export of Used Cars in Shanghai," which clearly proposes to establish a "dedicated license quota for used car exports," promote the construction of the domestic used car trading system, and drive the expansion of the scale of used car exports.   Encourage used car export companies to build their own roll-on/roll-off (RORO) vessel fleets. Zhejiang Province has recently issued the "Zhejiang Province Further Opinions on Promoting the Export of Used Cars (Trial)", encouraging used car export companies to invest in the construction of their own roll-on/roll-off (RORO) vessel fleets to enhance maritime export efficiency. Additionally, by opening a "green channel," the time for handling government affairs for the declaration of used car containers as dangerous goods for maritime transport, which meets the safety requirements, is strictly limited to within 24 hours.   Support leading enterprises in building export bases at ports. As a major province for production and sales, Guangdong focuses on strengthening the construction of the used car export service system, supporting leading enterprises in building used car export bases at major ports, and supporting the establishment of a used car export enterprise alliance to promote resource docking between the main manufacturers and export enterprises. Wang Du introduced that the export of used cars is one of the few opportunities in the current automotive circulation field, and only by standardizing and branding can the export of used cars go far and steady. Therefore, it is very necessary for the government and industry organizations to guide the market as soon as possible, so as to promote the healthy and steady development of the used car export industry.   It is understood that various regions across the country have introduced a range of policies aimed at providing a better business environment for used car export companies. These include paperless license applications, integrated national customs clearance, and transfer for export, among other convenience measures, which have significantly reduced operational costs for businesses and improved the efficiency of business operations. In the future, under the guidance of more comprehensive policies, Chinese used cars will not only "go out" but also "go in," establishing a good reputation overseas and forming better business models.  

  CCTV News: Since 2024, driven by policies on scrapping and updating vehicles as well as trade-ins, the automobile consumer market has been further stimulated. At the same time, the second-hand car market has also shown a significant recovery, achieving year-on-year and month-on-month increases in transaction volumes. It is understood that in addition to the domestic circulation of the second-hand car market accounting for the vast majority, a portion of the replaced second-hand cars have also entered the international market. In Guangzhou's largest second-hand car trading market, there are quite a few international faces. Staff members report that foreign buyers are very interested in Chinese cars, especially new energy vehicles, and they are particularly decisive when placing orders. Currently, China's used car exports have transitioned from pilot programs to a full-scale opening, with rapid growth trends observed across various regions. In the first half of 2024, Jiangsu Province exported over 3,500 vehicles, with an export value of approximately $80 million; Tianjin's export value reached nearly 4 billion yuan, a 2.3-fold increase; Inner Mongolia exported a cumulative total of 6,251 used cars in the first three quarters, with an export value exceeding $100 million. Wang Du, Vice President of the China Automobile Circulation Association, introduced that the used car export market is a highlight at present, with the export volume expanding year by year. China's used car exports have already exceeded 160 countries and regions, and the brands exported by China are gradually establishing a certain brand image in the used car market. Five years ago, China initiated a pilot program for used car exports in 10 cities. In the starting year of 2019, there were only 3,036 exports, which then broke the 10,000 mark within the following two years. By 2022, this figure soared to 69,000, a year-on-year increase of over 350%. The latest data from the China Automobile Circulation Association indicates that in the whole year of 2023, used car exports have reached 270,000 units, and it is expected that in 2024, the figure could potentially break through the 400,000-unit milestone.   Multiple regions set up platforms to increase large-scale exports. In February 2024, the Ministry of Commerce and four other departments issued a notice to carry out used car export business nationwide. At the same time, various regions are actively building platforms to promote the industry towards scaling up. A few days ago, the Shanghai Port Used Car Export Comprehensive Service Center was officially completed and put into use. As the first used car export inspection point within a port area in the country, the "Service Center" can provide "one-stop" motor vehicle registration and port logistics comprehensive services for used car export enterprises in Shanghai and surrounding provinces and cities. This reduces the risks and transportation costs associated with multiple movements of export vehicles and significantly speeds up the inspection and export efficiency of used cars. As an important base for China's automotive industry, Chongqing is also vigorously promoting the "Chongqing Vehicles Going Global" action plan. Data shows that in the first half of 2024, Chongqing exported 223,000 vehicles. Among them, 12,796 used cars were exported, with an export value of $360 million, covering 42 countries and regions around the world, becoming a new growth point for foreign trade exports. It is understood that Chongqing's used car exports have also expanded into the mid-to-high-end market. After establishing the export model of "used car export + bonded + China-Europe Railway Express," Tianjin has been continuously expanding its export business of engineering vehicles, commercial vehicles, traditional energy and new energy passenger cars, and other models in recent years. From January to October 2024, more than 8,000 used cars have been exported in total. Not long ago, Tianjin innovatively launched a cross-border quality assurance service for used car exports, allowing overseas consumers to contact customer service at the first sign of vehicle failure to receive effective after-sales warranty guidance, which helps the industry to develop healthily.  

"Let data travel more, and businesses travel less." Zhang Xu, Senior Manager of Used Car Management at the Market Operations Department of Beijing Auto International Development Co., Ltd., candidly stated that in the past two years, the popularity of parallel exports has, on one hand, opened up blank markets and warmed up foreign markets, but on the other hand, it has also brought certain negative impacts on export companies with manufacturer backgrounds, causing an impact on manufacturers' overseas markets. Some used car export companies have brought the "involution" trend abroad, disrupting local market price systems and leading to increasingly fierce competition in Central Asia, the Middle East, and Russia.   Regarding the current difficulties in used car exports, Zhang Xu believes they are mainly manifested in different policies in various countries overseas, low matching degree of car sources, and companies are car hunting per order, making it very difficult to find cars. In terms of export tax rebates, public account vehicles can get a 13% tax refund, while personal vehicles cannot get a tax refund, resulting in a 13% price difference and causing profit loss. In terms of vehicle certification, the qualification certificate that comes with a new car is kept by the vehicle management office for two years after the license plate is handled and then destroyed, causing sellers to be unable to provide it to dealers or buyers who need it when exporting.   In addition, overseas customers are more accustomed to selecting products through Alibaba International Station and leaving their contact information. Japan has an international platform where they can find cars online, make payments, and track shipping and logistics progress. Therefore, there is a hope that our country can also establish such an online platform that is more suitable for used car exports.   Yang Zetao, the founder of HuiMao Tianxia (Beijing) Technology Co., Ltd., pointed out that many domestic used car trading platforms' export businesses have not yet formed a service loop. Although some companies have established used car export marketing/service platforms relying on industry resource advantages, they mainly focus on online display and communication docking, and have not truly achieved full-process services such as online car selection and online transactions.   To solve the above problems, the Beijing Used Car Export Service Center is under construction. The China (Beijing) International Trade "Single Window" can provide used car export companies with a full range of standard business services from enterprise qualification, origin, license documents to customs declaration, export tax rebate, and tax payment. Based on the integrated model of "HuiMao 0S + XinMao Chain + Service Matrix", it aggregates various high-quality services from more than 100 trading companies, including marketing, logistics, payment settlement, inspection and preparation, law, finance, and taxation.   Now, HuiMao Tianxia is building the Beijing Digital Used Car Export Service Center based on the "Single Window + XinMao Chain", aggregating marketing, inspection, logistics, customs, and settlement services both online and offline, providing one-stop full-chain comprehensive services for used car exports, letting data travel more and businesses travel less.   XinMao Chain can not only reduce the trust cost of international transactions but also ensure information security (end-to-end, blockchain system evidence, traceability). In addition, it can automatically match supply and demand through smart contracts, automate data procedures, automatically acquire customers, eliminate intermediaries, and reduce costs. Moreover, the system can track global orders, achieve a transparent supply chain, and provide carbon footprint inquiries. The data custody box can automatically recognize and file various data, forming data assets, supporting subsequent inquiries, applications, and enterprises applying for credit loans.   （Reprinted from China Automobile News Network）  

The African market remains to be deeply explored： "Our country's used car exports mainly flow to Central Asian countries and Russia, but after the market trials of the past two years, it has become very difficult for companies to make money in these regions, so we have focused our business on the development of the African market this year," said Zhong Yi, CEO of the automobile export trade company SRC Super Technology, candidly. Zhong Yi introduced that the African market is optimistic due to several conditions that have basically matured. First is the vehicle source; with the domestic used car transaction volume increasing year by year, the vehicle source has become very abundant. Second is the stability of national relations; China has long maintained a good cooperative and mutually beneficial relationship with African countries. Third is demand; African consumers have some personalized needs for used cars. For example, due to poor road infrastructure, customers require that the vehicle's ground clearance should reach 18 centimeters. If domestic used cars are sold locally without adjusting the ground clearance to 18 centimeters, the vehicles are likely to damage the chassis during operation, leading to battery fires. Fourth is the ownership rate; Africa has a population of nearly 1.4 billion, but the car ownership rate per thousand people is only 23, which provides a good opportunity for our country to export used cars. Additionally, the average age of customers in the African market is very young, and the average monthly income is equivalent to 500 to 1000 RMB, similar to China in the 1990s, so low-priced cars have a market. It is also undeniable that different African countries have different demands for left-hand drive and right-hand drive vehicles. Zhong Yi introduced that in the past, China's used cars could not be exported to right-hand drive countries. The conversion of left-hand drive to right-hand drive vehicles indeed has certain technical difficulties. Therefore, SRC Super Technology has cooperated with professional modification companies to establish a preparation center, which can leverage its own advantages to convert domestic used cars into right-hand drive vehicles for export. This not only meets the local market's demand but also increases the product's added value, achieving differentiated export products.   "Logistics need to balance efficiency, cost, and safety." Logistics is a crucial part of the used car export process. Shi Feifei, co-founder and CMO of Shenzhen Che Li Zi Technology Co., Ltd., said that in terms of improving transportation efficiency, the supply chain logistics has built a highly efficient transportation network, integrating a variety of flexible transportation methods including road and rail. The transportation network includes domestic distribution centers, transportation routes, and overseas distribution centers.   The optimization of transportation methods in supply chain logistics has reduced transportation costs and time. For example, from ports to Central Asia or Russia, they will help customers choose different transportation methods based on different destination countries to improve efficiency and reduce costs, enhancing the competitiveness of export companies. Especially in the face of fluctuations in transportation capacity and freight rates, optimizing the transportation process can ensure that vehicles arrive on time. For instance, direct transportation is used for Central Asia, and transshipment is chosen for Russia to reduce unnecessary expenses.   Intelligent logistics management systems play a key role in improving transportation efficiency, enabling full-process monitoring of used car transportation, with tracking at every stage starting from vehicles being loaded domestically. When the intelligent platform detects delays in transportation, companies will communicate with customers in a timely manner and respond quickly to adjust transportation plans.   According to the relevant business person in charge of Yunquna Logistics Technology Group Co., Ltd. (hereinafter referred to as "Yunquna"), the "used cars" exported by parallel export methods are currently mainly electric vehicles, while in pure used car exports, the proportion of fuel vehicles is high, and electric vehicles are very few.   The main methods of sea transportation for used car exports include container and roll-on/roll-off (RORO) ship transportation. When transporting electric vehicles, most shipping companies require the remaining battery charge of the vehicles to be maintained at 20% to 30% and also require the provision of power-off operation methods. In addition, due to different brands and models having different operation methods, shipping companies also require exporters to provide a series of safety manuals, such as how to deal with emergencies, including fires during transportation or sudden failure to start after arriving at the port. They need to have the ability to formulate emergency plans to ensure transportation quality and safety.   It is understood that Yunquna's professional team has 25 branches worldwide, including in Mexico, Brazil, Singapore, Thailand, Vietnam, Malaysia, the Philippines, etc., and can assist in connecting with local legitimate traders as needed, thus being familiar with local specific requirements and processes. They can provide logistics contingency plans for used car exports, control the entire process, and avoid situations where export companies' vehicles are sent to shipping companies only to find that they lack qualifications or safety measures are not in place, ultimately affecting transportation and delivery cycles.   （Reprinted from China Automobile News Network）

Rationally address various challenges：   Although the overall situation for used car exports is positive, Liao Zhiyong warns that domestic companies should be keenly aware that used car exports still face many issues and challenges, such as the complex and volatile international environment, increasingly intense domestic competition, overseas standard alignment, brand building, and after-sales service. Firstly, the international environment is complex and changeable, with regional conflicts affecting import and export trade, so export companies must be capable of dealing with complex international situations. Secondly, the trend of internal competition among export companies is gradually becoming apparent, with phenomena such as product homogenization, lack of transparency in vehicle conditions, and odometer tampering emerging one after another. The industry should continuously strengthen self-discipline and operate with integrity. Thirdly, in terms of systematic construction, domestic infrastructure is relatively well-developed, but overseas service networks and financial support systems still need to be established. At the same time, there is a deficiency in credit ratings for export companies and credit data for overseas companies. Tian Tian, Deputy Secretary-General of the China Automobile Circulation Association, stated that in addition to the complex and changing international situation, adjustments to automobile import policies in export destination countries have a significant impact on trade. For example, Russia has adjusted its tariff policies several times; many Central Asian countries have imposed restrictions on imported vehicles; Jordan in West Asia has increased tax rates on imported pure electric vehicles and requires relevant Mac certification. In addition, various trade credit risks and exchange rate risks in international trade cannot be ignored, such as used cars shipped to Russia, but due to a significant devaluation of the Russian currency, many companies that have not yet received payment have suffered considerable losses. Therefore, companies should be cautious in various customs affairs and procedures to avoid overseas buyer credit risks and exchange rate risks. It should not be overlooked that the domestic used car export sector faces the issue of an incomplete supporting system, especially in terms of financial support, which needs to be strengthened. Japan and South Korea's new and used car exports are accompanied by a corresponding financial system, such as Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank, which go global with Japanese enterprises. Tian Tian suggests that Chinese companies can strengthen communication with banks that have an international background and experience in automotive foreign trade to secure bank credit, remittance settlement support for used car export business, and to have their export companies' creditworthiness rated.   Collaborate in 'going global' and reject disorderly competition： Faced with new domestic and international situation changes, Liao Zhiyong suggests that used car export companies should focus on the following key points: First, they should seize opportunities and actively explore international markets. Make full use of national policy dividends, deeply understand the laws and regulations, consumption habits, and demand characteristics of the target market, accurately position, and implement precise policies. Change the previous extensive management and simple trade mindset.   Second, they should strengthen cooperation to avoid cutthroat competition and achieve mutual benefits and win-win situations without resorting to price wars. If competition relies solely on price, it will only lead to heavy losses for both sides. At the same time, they should also strengthen exchanges and cooperation within and outside the industry, build a supply chain system together, collaborate, share resources, seek common development, and jointly create a used car export brand with international competitiveness. The overseas market is vast, with opportunities in every region and every niche market. Chinese companies should not swarm to the same place, such as Russia and Central Asia, where there is good performance, leading to disorderly competition. Different companies should leverage their strengths, utilize their advantages and resources, work together to explore overseas markets, and face the fiercer competition abroad together.   Third, they should focus on innovation to enhance core competitiveness. Companies should continuously innovate in product selection, value-added services, and marketing strategies to increase the added value and market competitiveness of used car export products. Future competition will not be limited to price but will also involve after-sales, spare parts and related services, brand promotion, sales channels, and even autonomous driving and AI technology, all of which will enhance the added value of products and services and the comprehensive competitiveness of the enterprise.   In addition, used car export companies must strengthen their internet promotion capabilities. Currently, domestic car merchants lack overseas customer resources. If used car export companies can cooperate deeply with internet companies, build their own independent websites, and form a group of export merchants' independent websites, each targeting different products, different fields, and different keywords, the overall traffic can be pooled together. They can interface with overseas customers externally and with a vast array of domestic car sources internally, building a Chinese car export traffic system. It will be like the entire commercial system of TikTok, forming a model where everyone contributes and benefits. Companies can earn money from traffic if they have traffic, from sales if they have sales capabilities, and from related supporting services if they can provide them. In this way, the entire used car export system will be unblocked.   （Reprinted from China Automobile News Network）

With the establishment of "one-stop" service centers in various parts of the country, the export of used cars has accelerated, becoming a new highlight in the growth of China's foreign trade this year. In February of this year, the Ministry of Commerce and four other departments decided to carry out the export business of used cars nationwide and issued the 2024 No. 6 announcement, which fully transitioned the export of used cars from a pilot system to an application system. Since then, local commerce departments have strongly supported capable and willing enterprises to apply for used car export qualifications and conduct used car export business. Since the application began, about 2,800 enterprises nationwide have been registered with used car export qualifications, and the annual export volume of used cars is expected to reach a new level of 400,000 units.   High concentration of export destinations： According to data from the Ministry of Commerce, between 2019 and 2023, China exported a cumulative total of 367,000 used cars, amounting to $8.74 billion, reaching over 160 countries and regions. In 2023 alone, China exported 275,000 used cars. Data from the China Automobile Circulation Association shows that from January to July of this year, China exported 203,000 used cars, with an expected annual scale of 400,000 units, representing an approximate year-on-year increase of about 30%. Currently, China's target markets for used car exports are primarily Central Asia, Eastern Europe, and the Middle East, which are part of the "Belt and Road" initiative. Kyrgyzstan, Russia, Uzbekistan, the United Arab Emirates, and Kazakhstan rank as the top 5 countries for China's used car exports. The export volume to the top 10 destinations accounts for about 90% of China's total used car exports, indicating a very high concentration. This reflects, on one hand, the focused strategy of Chinese companies in cultivating certain markets and, on the other hand, the increasingly fierce competition among export companies in these markets.   From January to July, China's used car exports to the United Arab Emirates ranked first, followed by Kyrgyzstan, Russia, Uzbekistan, and Kazakhstan. Some used car dealers use Central Asia as a transit point to sell to Russia indirectly. The global scale of used car exports exceeds 5 million units, with significant overall export potential. Currently, China's used car export volume is only 3% of its new car exports, leaving considerable room for growth compared to Japan, the United States, and South Korea. Liao Zhiyong, the assistant to the chairman of Guangdong Haoche Holding Co., Ltd., stated that China's used car exports face many favorable conditions, such as strong national policy support, the continuous advancement of the "Belt and Road" initiative, the vast demand in international markets, and the continuous improvement of China's automotive industry competitiveness. As China's new car export pace accelerates and the brand recognition of Chinese cars continues to rise, the technology, products, and after-sales service in the industry chain are being continuously improved. Many countries have introduced preferential policies related to the import of new energy vehicles, including tax reductions and relaxed import conditions. This year, the business opportunity for exporting used cars with high mileage has begun to gradually emerge. According to Liao Zhiyong's analysis, the reasons include: first, the price war of new cars leading to a decrease in the price of used cars in China; second, the national and local governments have introduced differentiated support policies for used car exports; and third, the supporting supply chain services are gradually improving, with significant potential in after-sales and spare parts exports. It is evident that used cars with high mileage will be a business area that used car export companies should focus on expanding and will enter a period of rapid development.   （Reprinted from China Automobile News Network）  

Secretariat, Henan Province Used Car Circulation Association, December 05, 2024, 18:21 Henan On the morning of December 5, 2024, a special conference on foreign trade financing with the theme "Banking and Trade Join Hands to Boost Foreign Trade" was held in Meeting Room 401 on the fourth floor of the Henan Provincial Department of Commerce. The conference aimed to strengthen communication and collaboration between foreign trade enterprises and banks, promote the effective implementation of foreign trade financing services, address the financing challenges faced by foreign trade enterprises, and further promote the stable development of the foreign trade industry. Attending the conference were leaders including Cheng Yong'an, Director of the Foreign Trade Department of the Henan Provincial Department of Commerce, Yue Jingzhao, Deputy Director of the Second Research Office, Section Chief Niu Zhengzheng, and Jin Yuqing, Secretary-General Yin Liuliu and Deputy Secretary-General Zhou Yanyong of the Henan Province Used Car Circulation Association, Yuan Jingming, President of the Used Car Export Committee and General Manager of Henan Dongdong, and representatives from various vice-presidential units of the Used Car Export Committee, as well as more than 50 other responsible persons from Zhengde Yuhua, Changyuan Dongxing, Sanmenxia Qihang, Hanhai Youche, Desa, Qian Yi, Industrial and Commercial Bank, Everbright Bank, Bank of China, Central China Bank, Bank of Communications, CITIC Bank, China Construction Bank, and other related banks. The conference began with Yue Jingzhao, Deputy Director of the Second Research Office of the Foreign Trade Department, providing a detailed introduction to the background, purpose, and attendees of the conference. He stated that Henan Province's used car export business has achieved significant results. By the end of November 2024, Henan Province's used car exports reached 14,000 units with a total export value of $280 million, successfully opening doors to 89 countries worldwide, gaining increasing recognition and favor in the international market. However, with the continuous development of the used car export industry, foreign trade enterprises face many challenges in terms of funding, which has become a bottleneck for further enterprise development. This conference was specifically designed to build a platform for bank-enterprise communication to explore solutions together. Following that, the attending representatives from major banks spoke in turn, introducing their respective preferential policies in the international business of used car exports. The content covered key elements such as loan amount ranges, interest rate levels, loan terms, repayment methods, collateral requirements, and approval processes, presenting to the enterprises the strong measures and distinctive advantages of each bank in supporting used car export enterprises. During the interactive exchange session, representatives from Henan Dongdong and Sanmenxia Qihang spoke as enterprise representatives. They expressed that banks still lack sufficient understanding of the used car export industry. The used car export industry, especially in Henan, began to develop on a large scale after 2022. The rapid development of the industry has led to insufficient understanding and recognition from banks, resulting in obstacles for used car export enterprises during credit approval. Used car export enterprises should communicate more with banks and learn from each other. Secondly, there is a lack of credit enhancement measures for used car export enterprises. The used car export belongs to a light asset, high turnover, and liquidity industry. Enterprises do not have a large amount of fixed assets as credit enhancement measures, and enterprises encounter obstacles when financing. At the same time, the existing bank products cannot match the needs of new enterprises within the industry. As an emerging and rapidly growing industry, the duration of enterprise operations within the industry cannot meet the credit approval requirements of traditional foreign trade industries set by banks. Banks can consider relaxing approval conditions according to the characteristics of the industry to meet the funding needs of used car export enterprises and support the development of the used car industry in Henan Province. In response to the demands of enterprises, the Henan Provincial Department of Commerce actively plays a coordinating and guiding role. Cheng Yong'an, Director of the Foreign Trade Department, emphasized clear expectations and requirements to the attending bank representatives. Director Cheng stressed that the implementation of inclusive financial policies is fundamental, but on this basis, banks should fully leverage their financial innovation capabilities, deeply integrate the characteristics of the used car export industry and the actual operational situation of enterprises, develop more targeted and innovative products, effectively increase the foreign trade loan amount, provide foreign trade enterprises with adequate and suitable financial support, and help enterprises overcome the current funding difficulties.   At the end of the conference, Yue Jingzhao, Deputy Director of the Second Research Office of the Foreign Trade Department, expressed his hope that banks can take this conference as an opportunity to establish a closer cooperative relationship with foreign trade enterprises, truly bring policies and services to the front line of enterprises, and make foreign trade loans a powerful "east wind" to help enterprises set sail and go global, jointly promoting the competitiveness of Henan Province's used car export industry and the entire foreign trade industry in the global market, achieving high-quality and sustainable development.   Reprinted from the WeChat public account of the Henan Province Used Car Circulation Association.        

Introduction: Starting from December 1, 2024, changes will be made to the rules for automobile imports for both individuals and legal entities in Kazakhstan. On November 18, the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan issued an announcement regarding these changes. According to the department's information, only those individuals listed in the OTTS document ("Vehicle Type Approval") will now be able to import vehicles that are less than three years old. This applies solely to legal entities, as the document is not issued to individuals. Moreover, import rights are retained only for those explicitly mentioned in the OTTS document. Concurrently, the Ministry of Industry and Construction of the Republic of Kazakhstan clarified that vehicles that are less than three years old from the date of production and imported according to the OTTS are eligible for import by the designated individuals in the OTTS. The department reported that this pertains to the registration procedures for products that must undergo mandatory conformity assessment within the EAEU customs territory, as stipulated in paragraph 10(b) of the Customs Union of the Eurasian Economic Union Import Rules, which was approved by the decision of the EEC Council on November 12, 2021, No. 130. In turn, the use of the OTTS is only allowed when the declarant of such products is the designated individual in the OTTS. The department reported that this measure will be implemented starting December 1, 2024. Let us recall that at the end of October, during a government meeting, the situation of the country's automotive industry and the issue of "grey" car imports were discussed. The Prime Minister instructed government agencies to address the problem of "grey" transportation imports. This summer, during his visit to Almaty, Prime Minister Bakytzhan Sagintayev stated that Kazakhstan should become an automotive powerhouse.   In July, Adilbek Bektibaev, the head of a department within the Ministry of Industry, announced plans to propose to the Eurasian Economic Union countries the prohibition of importing cars that are more than seven years old when discussing the recycling collection petition. Most of the registered vehicles in Kazakhstan are over 10 years old. According to the latest data from the National Statistical Committee, only 6.2% of the cars are less than three years old. Sanzhar Bokayev stated, "The government deliberately monopolizes car imports and trade, so that only certain oligarchs can engage in such practices. The government's explanation for these changes is straightforward - to combat grey imports. However, Bokayev categorically disagrees with this explanation.   If Kazakh citizens pay all the fees stipulated by law when importing cars, what kind of grey import is that? When importing a car, you are required to pay a 12% value-added tax, a 15% customs duty, recycling fees based on engine size, SBCTS (Vehicle Safety Certificate-F), and GLONASS, all of which are paid by individuals. Oligarchs, under the guise of domestic producers, pay nothing for these. People believe that personal imports are all grey imports, while car dealerships are what our country needs. Yet, they do not pay value-added tax, they do not pay customs duties, they do not pay recycling fees, they do not pay 'primary taxes' - nothing at all."   Sanzhar Bokayev believes that by adopting such innovations and combating grey imports, the government has only created favorable conditions for car dealers, as buying a car in Kazakhstan is much more expensive than abroad. For instance, the Hyundai Elantra is priced at 4.2 million tenge in China. When a Kazakh citizen brings this car, they must pay customs duties, value-added tax, and excise duties. All these add up to 2 million tenge. The GLONASS button costs 180,000 tenge, and the disposal fee is 646,000 tenge, in addition to temporary storage and vehicle registration. For a Kazakh citizen bringing it from China, the price of this car can reach up to 8 million tenge. In Kazakhstan, the same "bare" Elantra is already priced at 10 million tenge at car dealerships, and if it has higher specifications, the cost of the Elantra can reach 13 million tenge, Bokayev calculates. The latest news from Kazakhstan can be understood to mean that for individuals, the opportunity to bring brand new cars into Kazakhstan has completely disappeared. Previously, any declarer could import cars through the OTTS system; currently, individuals are prohibited from importing new cars that are less than three years old, which also implies that the parallel import method will come to an end. Companies must have authorization from the brand owner and OTTC certification from EAEU member countries to import vehicles, leading to a situation where only the original manufacturers can import cars. However, the document also mentions that individuals in Kazakhstan can import used cars that are between three to seven years old, but due to the increase in scrapping taxes and other fees, this makes used cars from China lose any advantage they might have had! Reprinted from the Auto Export Express WeChat public account article.    

Editor's Note: With the support of national policies and the aid of advanced technology, the sanitation industry is on the cusp of a brand-new transformation. As new quality productivity develops, the application of numerous high-tech solutions is continuously advancing in the field of sanitation, leading to a metamorphosis across the entire industry. Various intelligent sensing technologies have achieved rapid perception of personnel, vehicles, environments, and equipment across all domains and processes, laying a solid foundation for refined control over every aspect of sanitation operations. The accelerated implementation of unmanned and automated technologies has brought unprecedented convenience and efficiency to sanitation work. The sanitation industry is striving to improve the efficiency of resource utilization and reduce the negative impact on the environment.   New Quality Productivity Accelerates the Transformation of the Sanitation Industry —Summary of the 2024 China Environmental Health Expo ■ By Wu Min, our reporter   From November 10th to 12th, the 2024 Annual Meeting of the China Urban Environmental Sanitation Association and the China Environmental Health Expo (hereinafter referred to as the Expo) was held at the China International Exhibition Center (Beijing Chaoyang). With the theme of "Accelerating the Development of New Quality Productivity to Promote the Modernization of China's Sanitation," the Expo featured over 150 participating units showcasing the latest products, equipment, practical technologies, and solutions in the environmental sanitation industry.   Through the Expo, what trends in the development of the sanitation industry can we observe? Our reporter takes you on a journey to discover the answers.   Unmanned Sanitation Vehicles Transforming Sanitation Workers into Operators   This year's Expo showcased many sanitation products that, under the "blessing" of the energy revolution marked by pure electricity, have integrated new internet technologies to achieve leapfrog development. For instance, various manufacturers exhibited pure electric unmanned small sanitation vehicles at the Expo.   In this new track, there are not only traditional sanitation equipment manufacturers but also many high-tech and new energy companies that represent new quality productivity.   Kandela (Shenzhen) New Energy Technology Co., Ltd. (hereinafter referred to as Kandela) is a "new face" at the Expo. The company introduced a multifunctional sweeping robot called the Kandela Sunshine S200. This robot resembles a small locomotive. Expo staff explained, "This product has been on the market for over two years, has been sold and implemented in 13 provinces and cities in China, and has covered an area of over 300 million square meters. Relying on its self-developed intelligent driving platform, combined with intelligent control decision-making, multi-source fusion perception, and autonomous controllable software architecture, it can achieve unmanned driving and precise avoidance. At the same time, with high-intelligence SLAM algorithms, the robot can efficiently scan and map the sweeping area in real-time, achieving optimal path planning even in complex environments, and smooth sweeping, maximizing intelligence. Through core intelligent algorithms that actively recognize garbage, conduct garbage patrols, return to charge when low on power, and dump when full, the sweeping efficiency is high, truly achieving cost reduction and efficiency increase."   Fulongma Group Co., Ltd. (hereinafter referred to as Fulongma), as a traditional sanitation equipment manufacturer, is also actively transforming into intelligent unmanned cleaning equipment. At this Expo, Fulongma brought the SD15 pure electric intelligent driving sweeping robot. This robot, in appearance, is full of technology and high-end. Zhang Shutian, the product manager of Fulongma, introduced, "This is an intelligent sweeping robot capable of autonomous movement, perception, understanding, decision-making, and task execution. It has full-process unmanned operation capabilities and high mobility and travel capabilities. Developed based on a skateboard chassis, through visual perception, AI algorithms, and intelligent recognition technology, coupled with a backend cloud control management platform, it can provide all-round, efficient, and intelligent cleaning services for urban parks, urban roads, commercial complexes, and other areas." Zhang Shutian emphasized that this is the world's first L4 level unmanned sweeping robot based on skateboard chassis technology, which has been deployed in large-scale events such as the Asian Games and the Universiade, achieving all-weather, full-process unmanned operation.   If Kandela and Fulongma are mainly manufacturing enterprises focused on product production, then Qiao Yin Urban Management Co., Ltd. (hereinafter referred to as Qiao Yin) is a comprehensive enterprise representing urban management. In order to connect the upstream and downstream industries and reduce company operating costs, Qiao Yin has independently developed several artificial intelligence robots. For example, at this Expo, Qiao Yin brought the Model-Y outdoor 1-ton unmanned sweeping robot and the Model-Q200 park half-ton unmanned sweeping robot, among others.   Seeing so many unmanned small road sweeping robots at the Expo, the reporter also had concerns: how many manual workers will these robots replace? In the future, will sanitation workers all be laid off? Zhang Shutian's answer dispelled the reporter's doubts. He said, "Now is not the time to worry about sanitation workers being laid off, but to urgently solve the problem of recruitment difficulties for sanitation service companies." To address the shortage of human resources in sanitation operations, many companies have joined the ranks of developing unmanned road sweeping robots. "In the future, the new generation will only need a mobile phone with an APP with corresponding functions to operate the robot to work from home, no longer needing to perform sanitation operations in harsh environments such as wind and sun." Zhang Shutian said that technological innovation will gradually transform sanitation workers into operators, improving their working environment.   New Waste Incineration Technology Turning "Plague Gods" into "Wealth Deities"   Once upon a time, waste incineration plants were like plague gods. Wherever they were built, local residents would move away, and housing prices would plummet because people believed that waste incineration might produce toxic and harmful gases. However, at this Expo, the advanced technology brought by environmental protection technology companies showed everyone that "plague gods" can also become "wealth deities."   As the first A-share environmental protection dual-carbon listed company under the holding of the Chinese Academy of Sciences, Beijing Zhongke Runyu Environmental Technology Co., Ltd. (hereinafter referred to as Zhongke Environmental Protection) has a highly representative domestic waste treatment technology. The company has been practicing such a model: taking domestic waste incineration power generation projects as the main body, establishing a circular economic industrial park that coordinates the disposal of catering waste, sludge, medical waste, and other types of waste, and providing heating services to surrounding industrial enterprises in a "cogeneration" model.   Tong Lin, the deputy secretary of the party committee and general manager of Zhongke Environmental Protection, stated that Zhongke Environmental Protection is driven by environmental protection and technology, forming a good situation for the joint development of green electricity, green heat, and green gas. At the same time, the company has vigorously carried out technological research and development, focusing on industry pain points and difficult issues such as AI + intelligent incineration technology, multi-effect flue gas purification technology, and harmless and resourceful technology for fly ash, and developing new quality productivity to promote high-quality development of the industry.   For example, the company's research and application of key technology for the preparation of high-performance thermal insulation materials based on fly ash from waste incineration is a very good example of turning "plague gods" into "wealth deities." It is understood that this technology uses oxygen-enriched combustion to achieve low-cost melting treatment of fly ash from waste incineration. The fly ash melt after temperature adjustment and homogenization is then spun into low-cost, low-energy-consuming, high-performance thermal insulation cotton fiber through a high-speed centrifugal machine with four rollers. Currently, the demonstration line of this technology has been successfully operated and has completed tests with various fly ash blending schemes. The fly ash that was once despised by people is now not only harmless and environmentally friendly but also has become a "wealth deity" with high economic value.   New Evaluation System From Coarse to Precise Financial Input   The sanitation field has always been a key area for significant financial investment. At the Expo, the reporter not only saw the changes brought to the sanitation industry, sanitation workers, and the public by the development of new quality productivity but also witnessed how to save financial funds through an evaluation system.   Zhonghuanjie Group Co., Ltd. (hereinafter referred to as Zhonghuanjie) is an urban and rural environment and public service operator invested and controlled by CITIC Industrial Fund, with business covering environmental sanitation, garbage classification, municipal maintenance, green maintenance, property services, emergency protection, and other fields.   According to Chen Liyuan, the executive vice president of the China Urban Environmental Sanitation Association and the general manager of Zhonghuanjie, in long-term exploration and practice, Zhonghuanjie has polished the "Zhonghuanjie Urban and Rural Environmental Evaluation and Governance System." This system includes a set of quality standards that meet and exceed the standards of civilized cities and sanitary cities, a set of evaluation and governance mechanisms, and a set of digital tools that connect inspection, evaluation, collaboration, and governance. The establishment of this system not only ensures the high quality of Zhonghuanjie's services but also provides data support for resource allocation and operation management, helping local finances to invest precisely.   Source: China Government Procurement News Author: Wu Min Original Publication Date:2024-11-18 20:10:46 Note: This article is reprinted with permission from China Government Procurement News.

  As winter approaches, urban safety management has become a focal point for governments across regions. Henan Lukewei Road Machinery Manufacturing Co., Ltd., a leading supplier of snow removal equipment, is proud to announce that our equipment played a significant role in the snow and ice removal emergency drill held in Xinxiang City on December 13, 2024. The drill aimed to enhance the rapid response capabilities of urban management teams under extreme weather conditions, ensuring the safety of citizens' travel. Drill Overview: - Drill Date: December 13, 2024 - Equipment Involved: Over 40 pieces of snow and ice removal machinery - Participants: Over 100 grassroots sanitation backbone personnel   Contribution of Henan Lukewei Road Machinery Manufacturing Co., Ltd.: Our Snow plow, Snow Blower, and versatile Snow Removal attachment were put into practical use during the drill, demonstrating excellent performance. These machines effectively clear large areas of snow, ensuring the smooth flow of urban traffic. Additionally, our Anti-Icing Spreader and Snow Melting Agent played a crucial role in the drill, ensuring the rapid removal of snow and preventing road icing.   Drill Effectiveness: The drill adopted a "mechanization primary, manual support" approach, conducted in accordance with the principles of "adequate preparation, coordinated linkage, rapid response, and scientific handling." "The focus was on testing the combat performance of mechanical snow removal vehicles and the collaborative capabilities of 'mechanical + manual' operations to ensure efficient and high-quality completion of snow sweeping and ice removal tasks," said Director Niu Guang of the Urban Management Bureau's Environmental Sanitation Affairs Center.   Our Commitment: We are confident in the performance and durability of our products and are committed to providing customers with the highest quality products and services. Our Hand Pushed Snow Clearing Tool offers a flexible solution for clearing snow in small areas or narrow passages, further complementing our range of snow removal equipment.   Welcome to All Potential Customers: Henan Lukewei Road Machinery Manufacturing Co., Ltd. welcomes all customers in need to purchase our snow removal equipment. We promise to provide the highest quality products and services to meet your specific needs. If you are interested in our Snow Removal Equipment or require further product information and customized services, please feel free to contact us.   Contact Us: - Phone: +86 18839396866 - Email: sales@lukewei.com - Website: [http://en.lukewei.com/](http://en.lukewei.com/)   Thank you for your attention and support.  

As the heart of winter sets in, much of the northern regions have experienced temperatures plummeting to or below the freezing point. In areas where cold and warm air masses collide, heavy snowfall and even blizzards are not uncommon. Lukway's snow removal equipment is always on standby, ready to "tackle snow and ice" around the clock to ensure your safe travel. Our Snow Removal Equipment includes various Snow Removal attachments that can be fitted to the front of trucks such as sweepers and water trucks, including Snow plow, Snow Blower, and Snow and Debris Roller Brush Cleaner. In addition to these, we also offer portable snow clearing devices like Hand Pushed Snow Clearing Tool, as well as Anti-Icing Spreader for melting ice and snow, along with the corresponding Snow Melting Agent.   Our Snow plow attachment is designed to clear snow from roads and pathways with ease, while the Snow Blower is capable of handling both snow and debris, making it versatile for quick and efficient clearing. The Snow and Debris Roller Brush Cleaner is perfect for surfaces that require a gentler touch, ensuring snow and ice are removed without damage. For smaller areas or personal use, the Hand Pushed Snow Clearing Tool provides a convenient and portable solution. The Anti-Icing Spreader, paired with our Snow Melting Agent, offers a chemical approach to preventing ice formation and accelerating snow melt, keeping surfaces safe and navigable throughout the winter.  

Recently, influenced by a cold air outbreak, 67 counties and districts in Gansu Province have experienced snowfall. The provincial capital, Lanzhou, immediately activated its emergency plan, with multiple departments responding swiftly to clear snow and ice to ensure smooth traffic. Affected by a cold air outbreak, Gansu Province has recently encountered extensive snowfall, particularly across 67 counties and districts. In response to this situation, the provincial capital, Lanzhou, quickly initiated its emergency plan, with various departments coordinating to carry out snow removal and ice breaking efforts to ensure traffic flows smoothly. In these snow removal operations, the application of snow removal machinery played a crucial role. Mobilization and Deployment of Snow Removal Machinery: Gansu Province has mobilized over 300 emergency machines and approximately 1,700 emergency responders to ensure the safety and smooth flow of traffic on main routes. These machines include various types of snow removal vehicles that have been deployed to the most severely affected areas, such as Lanzhou, Yinchuan, Pingliang, and Longnan, with management strengthened through video dispatching and telephone supervision. Types and Functions of Snow Removal Machinery: The machinery used includes snow plows, snow sweepers with roller brushes, snow removal vehicles, and large-scale deicing spreaders. These devices can efficiently clear snow and prevent road icing, ensuring the safe passage of vehicles. Snow Removal Operation Mode: The highway maintenance and operation units in Gansu Province have adopted a "tiered" snow removal operation mode, utilizing snow removal vehicles, multifunctional snow removal vehicles, and deicing spreaders, implementing a continuous operation approach where "the machine does not stop while people take breaks," fully committed to snow removal to prevent skidding and ensure traffic flows smoothly. Snow Removal Effectiveness and Efficiency: According to reports, as of December 11, the Gansu Provincial Highway Development Center had dispatched a significant number of emergency rescue personnel, dealt with extensive snow-covered sections, and used substantial amounts of anti-skid materials and deicing agents. These figures demonstrate the large-scale commitment and efficient operation of Gansu Province in snow removal work. Multi-Department Coordination: The transportation system in Gansu Province has leveraged the "all hands on deck" coordination mechanism, strengthening collaboration with meteorological and traffic control departments to issue early warnings and forecasts, and taking effective traffic control measures in a timely manner. Cooperation with traffic police departments has been enhanced to prepare for diversions and emergency support. Through these measures, Gansu Province has been able to effectively utilize snow removal machinery to face the challenges of extreme weather, ensuring the smooth flow of traffic and the normal operation of society.

Customs General Administration Holds Media Briefing on 16 Measures to Further Optimize Port Business Environment and Facilitate Enterprise Customs Clearance(Reprinted from: Customs Release)   On December 5th, the Customs General Administration (GAC) held a media briefing where Lin Shaobin, Deputy Director of the Comprehensive Business Department, introduced the "16 Measures to Further Optimize the Port Business Environment and Facilitate Enterprise Customs Clearance" . Lin Shaobin addressed the attendees, expressing gratitude for their continuous concern and support for the customs work. He then proceeded to brief on the newly introduced measures aimed at addressing the focal points, blockages, and pain points that are currently of common concern to foreign trade enterprises, within the scope of customs responsibilities . This year, under the strong leadership of the Party Central Committee and the State Council, China's foreign trade has maintained a good momentum of quality improvement and stable quantity. On November 8th, the State Council's executive meeting reviewed and approved the "Several Policy Measures to Promote the Stable Growth of Foreign Trade". Recently, these policy measures have been published. The GAC resolutely implements the decision-making and deployment of the Party Central Committee and the State Council, focusing on "policy reinforcement and service enhancement". While ensuring the implementation of various existing stable foreign trade policy measures, the GAC has promptly studied and introduced new policy measures to help enterprises relieve difficulties and increase the quantity of policies, stimulating market entity vitality and stabilizing expectations and boosting confidence . To enhance the precision and value of policy measures, the GAC conducted research on the implementation of stable foreign trade policy measures and listened to the opinions and suggestions of foreign trade enterprises, further "asking enterprises for needs and plans". On this basis, the GAC introduced the "16 Measures to Further Optimize the Port Business Environment and Facilitate Enterprise Customs Clearance", focusing on the current focus, blockages, and pain points of foreign trade enterprises, and proposing corresponding support measures within the scope of customs responsibilities. In terms of content, the 16 measures can be summarized as "four focuses" : Focusing on cultivating new drivers of foreign trade to expand the increment. These measures mainly support the development of new forms and models, such as expanding the pilot scope of cross-border e-commerce retail exports and cross-border e-commerce retail imports under the bonded retail import model across customs districts; fully promoting the electronic guarantee of cross-border e-commerce taxes. At the same time, promoting the development of new forms such as bonded maintenance, bonded remanufacturing, and bonded fuel supply, such as supporting the expansion of "two ends outside" bonded maintenance pilots outside the comprehensive bonded zones and free trade pilot zones . Focusing on foreign trade optimization to stabilize the stock. In terms of optimization, the focus is on ensuring the import of energy and mineral products and agricultural and food products. For example, continuing to deepen the inspection model reform of energy resource commodities, steadily expanding the destination inspection range of imported mineral products; promoting the admission process of meat, aquatic products, dairy products, and other livelihood products. In terms of export optimization, the main focus is to further facilitate the export of automobiles and promote the export expansion of local characteristic agricultural and food products . Focusing on reducing costs and improving efficiency to activate vitality. For example, promoting the upgrade of benefits for advanced certified enterprises, strengthening the implementation of customs "Authorized Economic Operator" (AEO) enterprise convenience measures, and continuously enhancing the sense of gain for AEO enterprises; building a China Customs preferential origin service platform to help enterprises improve the utilization level of free trade agreements such as the Regional Comprehensive Economic Partnership (RCEP); implementing preferential import tax policies for major technical equipment to support the import of advanced technical equipment . Focusing on facilitating cross-border trade to improve efficiency. The 16 measures include optimizing customs clearance processes and improving cross-border logistics efficiency. For example, carrying out the reform and optimization of the customs clearance model for imported goods, deeply promoting the application of the railway rapid customs clearance model, accelerating the optimization of the "combined port" business model, expanding the scope and scale of application of "departure confirmation," and supporting qualified ports to carry out "linked unloading"; deepening the reform of the "remote local inspection" and "batch inspection" supervision models for imported and exported goods, continuously expanding the scope of pilot products for "remote local inspection" and improving inspection efficiency. At the same time, accelerating the construction of smart ports and deepening the construction of the International Trade "Single Window" cross-border trade one-stop comprehensive service platform to continuously improve the level of cross-border trade facilitation . Lin Shaobin emphasized that the introduction of these measures aims to make port customs clearance faster and more convenient for businesses, helping the majority of foreign trade enterprises to reduce costs and increase vitality.

As winter sets in, Dongsheng has been experiencing continuous snowfall. The city clears snow as it falls, and residents can't help but marvel at the "Dongsheng Speed." Behind this efficiency lies not only the hard work of sanitation workers but also the assistance of snow removal "gadgets" that are incredibly efficient. Let's take a look at these trailblazers. Recently, a journalist on Yongchang Road in Dongsheng District saw three snow removal vehicles, converted from water trucks, slowly moving along the main road. The huge brushes at the front of the vehicles thinned the snow on the road and pushed it to the sides, followed by snow plows that promptly removed the accumulated snow. As the vehicles passed with a "swish swish swish" sound, they left behind a clean and unobstructed path. Guo Jing from the Dongsheng District Environmental Sanitation Service Center said, "To speed up snow removal, we have retrofitted sweepers and water trucks with brushes and ice scrapers, and purchased over 30 new snow removal equipment, including snow brush trucks and ice-breaking machines, to ensure timely and effective snow removal and to guarantee the safety and smooth travel of residents." Citizen Li Dongxu said, "On snowy days, I fear the most is slippery roads and traffic jams. Seeing the snow plows starting work early and the speed at which they clear snow is really impressive; the efficiency is indeed high." Amidst the rustling sound of brushes against the ground, an orange and white snow and ice removal integrated vehicle slowly approached. The reporter learned that the brushes at the front of the vehicle can clear snow, the steel rollers in the middle and back can break up icy areas on the road, and the snow plows and brushes at the rear can uniformly push the crushed ice to the right side of the road. In addition to the updated snow removal equipment for motorized roads, the snow removal operations on auxiliary roads and sidewalks have also welcomed new equipment. At the Dongsheng District Environmental Sanitation Service Center, staff demonstrated the flexibility of a black and white mobile skid-steer vehicle, which the reporter saw could easily switch between auxiliary roads and sidewalks. Liu Meixia from the Dongsheng District Environmental Sanitation Service Center said, "The Dongsheng District Environmental Sanitation Service Center will fully utilize the unique snow removal capabilities of the new equipment, in conjunction with the existing retrofitted snow removal vehicles, to be applied comprehensively in different snowfall conditions and snow removal scenarios. This ensures that we can work quickly and efficiently during snowfall, creating a safe, clean, and smooth winter travel environment for all citizens."（Reprinted from Ordos Daily）   Our company specializes in the manufacturing of Snow Removal Equipment, including four popular categories of Snow Removal attachments: Snow plow, Snow Blower, Snow and Debris Roller Brush Cleaner, and Anti-Icing Spreader. These attachments can be installed on water trucks, garbage trucks, or road sweeping vehicles, as done in Dongsheng District, and they can also be mounted on more mobile loaders. In addition to these, we offer a variety of Hand Pushed Snow Clearing Tools and four-wheeled compact snow removal vehicles, providing a one-stop, comprehensive service for regions with snow removal needs.  

At the peak of the agricultural crisis in the mid-1980s, in the late summer of 1985, Columbia, Missouri, was filled with rows of used harvesting equipment at a repossessed agricultural machinery liquidation auction. A total of 174 pieces of agricultural equipment were auctioned off that day. Fast forward to the present, a Bloomberg report claims that second-hand equipment, rather than new technology, is the star of this year's U.S. Agricultural Progress Exhibition. The article highlights that the bids at BigIron Auctions, one of the exhibitors, are the highest ever. While this may be good news for auction companies, it could spell trouble for the industry as a whole.   You might wonder, how bad is it? When agricultural equipment manufacturers start laying off union workers, closing factories, and moving production to Mexico, and dealers are left with an oversupply of second-hand equipment, the trend is shifting rapidly.   Trend Analysis Many have observed the agricultural economic cycle. This time, despite a sharp increase in input costs, commodity prices have kept pace, and ultimately, agricultural net income reached $182 billion in 2022. However, those good times have passed. By 2024, agricultural net income is expected to drop to $140 billion.   U.S. agricultural equipment manufacturers and machinery dealers set a decade's best sales record in 2021 and continued strong sales for most of 2023. Although sales of new medium and small tractors peaked in 2021, sales of high-horsepower tractors and combine harvesters have remained steady until earlier this year.   The Party's Over High inflation, high interest rates, and falling crop prices have dampened the recent sugar rush effect on the agricultural equipment industry, signaling the end of the honeymoon phase for the U.S. agricultural machinery market. Over the past four years, the average price of new machinery has risen by 30%. In 2020, the average price of a new tractor was $363,000. By 2023, it soared to $491,800. Since March 2022, the Federal Reserve has raised interest rates 11 times to curb inflation. As a result, not only are the costs of new machines at least 30% higher, but also the loans for purchasing capital goods are 161% more expensive. Now, as commodity prices are falling faster than interest rates or equipment prices, this boom period has come to an end.   Ripple Effects The Association of Equipment Manufacturers in the United States has stated that in June 2024, sales of new two-wheel drive tractors fell by 16.3% compared to 2023. Sales of combine harvesters have dropped by 31%.   Dealers are trying to stay ahead of the trend. Their response to this economic downturn is a world apart from the previous recession between 2014 and 2015. This time, dealers have been aggressively reducing their inventory of large new second-hand machines. In the first eight months of 2024, the original number of one to two-year-old equipment on the market has increased by 450% compared to 2014 and 2015.   Online auctions, a market force that was in its infancy a decade ago, have become a significant player. Machinery auctions used to be a local affair, but now they are regional, perhaps even national. Even farmers over 65 are bidding on tractors from states away.   The unprecedented number of large new second-hand equipment transactions suggests that the sooner the issue of oversupply is addressed, the sooner the industry will return to a prosperous era. The speed at which this happens will depend on many factors, so it may be wise to cautiously guide the market in the right direction.   Yearning for Certainty There is much that can be done to bring more certainty to the market, and perhaps the following checklist could address the issue: - Pass a new agricultural bill. - Permanentize depreciation incentives. - Suspend new EPA and climate change regulations. - Do not increase corporate or individual tax rates.   According to market analysts, the industry may be at the bottom of the roller coaster for about a year. The good news is that, in the long run, all signs indicate that the agricultural manufacturing sector will recover very healthily by the end of this decade.   With the increasing integration of robotics, artificial intelligence, and information systems, the U.S. agricultural machinery industry is expected to grow from $39.56 billion this year to $53.7 billion by 2029. (Reprinted from Agricultural Machinery News Network)  

In the wake of globalization, our company is actively seeking new growth opportunities by expanding into overseas markets. Recently, our Chairman, Mr. Li Jun, led a delegation to Kazakhstan for a week-long series of business negotiations aimed at promoting our core products, including snow removal equipment, sanitation equipment, and agricultural machinery. This visit marks a significant step in deepening commercial cooperation with Kazakhstan and propelling our company's business to new heights. Mr. Li Jun's visit was not only a comprehensive showcase of our product line but also a crucial implementation of our company's internationalization strategy. During his stay in Kazakhstan, Mr. Li Jun met with local chambers of commerce, industry associations, and several peer companies to engage in in-depth discussions on product technology, market prospects, and cooperation models. The visit began with a strategic meeting at the Kazakhstan Chamber of Commerce and Industry, where Mr. Li Jun presented an overview of our company's capabilities and the advantages of our products in the context of Kazakhstan's market needs. He emphasized the importance of our snow removal equipment for the harsh winters and the efficiency of our sanitation equipment in maintaining urban cleanliness. Moreover, he highlighted the potential of our agricultural machinery to boost productivity in Kazakhstan's vast agricultural sector. "Kazakhstan is a country with significant potential for growth in various sectors, and we see a great opportunity to contribute to this development with our advanced equipment and technology," said Mr. Li Jun during his address. "Our products are designed to meet the specific challenges faced by industries in this region, and we are confident that they will be well-received by the market." Following the chamber meeting, Mr. Li Jun and his team visited several local companies to explore potential partnerships and joint ventures. These visits included demonstrations of our products in action, allowing potential clients to witness firsthand the quality and performance of our machinery. One of the highlights of the trip was a visit to a leading agricultural cooperative in the Almaty region. There, our agricultural equipment was put to the test in real-world conditions, impressing the cooperative's management with its efficiency and ease of use. The visit concluded with a memorandum of understanding being signed, laying the groundwork for future collaboration. "Our agricultural equipment is designed to withstand the rigorous demands of the field, and the feedback we received from the cooperative was overwhelmingly positive," said Mr. Li Jun. "This partnership is a testament to our commitment to providing reliable and high-performance solutions to our clients." In addition to the agricultural sector, our company's snow removal and sanitation equipment also garnered significant interest. A meeting with the Almaty Municipal Services Department resulted in a preliminary agreement to trial our snow removal equipment during the upcoming winter season. This trial is expected to provide valuable data on the equipment's performance in Kazakhstan's challenging weather conditions. "Our snow removal equipment is built to handle the most severe snowfall, and we are excited about the prospect of partnering with the city of Almaty to keep their streets clear and safe," Mr. Li Jun stated. Throughout the visit, Mr. Li Jun emphasized the importance of sustainable development and how our company's products contribute to this goal. He pointed out that our equipment are designed with energy efficiency in mind, reducing the environmental impact while maintaining high levels of cleanliness and order in urban areas. "Sustainability is at the core of our business, and we are proud to offer solutions that not only meet the immediate needs of our clients but also contribute to a cleaner and greener future," he said. The visit concluded with a gala dinner hosted by the Kazakhstan-Chinese Business Association, where Mr. Li Jun was presented with an award for his company's contributions to bilateral trade and economic cooperation. This recognition underscores the significance of our company's efforts in fostering strong ties between our two nations. "The award is a symbol of the strong partnership that exists between our company and Kazakhstan, and it is a testament to the hard work and dedication of our team," Mr. Li Jun said in his acceptance speech. "We are committed to continuing our efforts to bring our advanced technology and equipment to Kazakhstan, and we look forward to a future of mutual growth and prosperity." As Mr. Li Jun and his delegation return home, they bring with them not only the fruits of successful negotiations but also a renewed sense of purpose and direction for our company's international expansion. The relationships forged during this trip are expected to lead to significant business opportunities and pave the way for our company to become a major player in the Kazakhstan market. In conclusion, Mr. Li Jun's Kazakhstan trip has been a resounding success, setting the stage for our company to further penetrate the overseas market with our high-quality products. With a strong foundation now in place, we look forward to a future of continued growth and collaboration with our Kazakh partners.

After attending Bauma China in Shanghai, as a foreign trade specialist at Lukewei Company, I have gained a deeper understanding of the positioning and future development of our company's product line on the international market, which includes snow removal equipment such as Snow plow and Snow Blower, road cleaning and maintenance equipment like Road Sweeper, plate compactor, and hand rammer, as well as agricultural and horticultural equipment such as Gasoline Lawn Mower, Branch Crusher, and hedge trimmer.   **Market Characteristics and Insights for Snow Removal Equipment:** According to market reports, the global snow removal equipment market size reached $13 billion in 2023 and is expected to grow to $17 billion by 2031, with a compound annual growth rate of 4.3%. This growth trend indicates that with climate change and changing winter snow patterns, the demand for snow removal equipment will continue to grow. As a company focused on snow removal equipment, we should continue to innovate and develop equipment that can adapt to different snowfall amounts and complex terrains. Technological advancements, such as automation and remote control functions, will enhance the efficiency and safety of the equipment, reducing the need for manual labor. Therefore, we should invest in intelligent sensing and automated control technologies to increase our product's market competitiveness.   **Market Characteristics and Insights for Road Cleaning and Maintenance Equipment:** The road construction and maintenance equipment market is divided into paving equipment and cleaning equipment, and our products such as Road Sweeper, plate compactor, and hand rammer fit perfectly into this market segment. With the acceleration of urbanization, the demand for road cleaning and maintenance is increasing, providing a broad market opportunity for our products. We should focus on the environmental performance and energy efficiency of our products to meet the market's demand for green and efficient equipment.   **Market Characteristics and Insights for Agricultural and Horticultural Equipment:** In the field of agricultural and horticultural equipment, our products such as Gasoline Lawn Mower, Branch Crusher, and hedge trimmer are mainly aimed at downstream applications such as flower seed industry, garden maintenance, and garden engineering. Market products are moving towards intelligent and automated development, which requires us to continuously research and develop new technologies to enhance the automation level of our products, thereby improving labor efficiency and reducing labor costs.   **Summary and Future Work Inspiration:** By attending Bauma China in Shanghai, I realized that our company's products have great potential in the global market. We need to continue to focus on technological innovation, especially in the areas of intelligence and automation, to meet the market's demand for efficient and environmentally friendly equipment. At the same time, we should strengthen international cooperation and expand the global market, especially in the fields of snow removal equipment and road cleaning and maintenance equipment. In addition, we also need to pay attention to environmental protection and sustainability, which will become an important consideration in the industry, promoting our products to shift towards cleaner energy and recyclable materials. Through these efforts, we can contribute to the long-term development of the company and the expansion of the international market.

As a foreign trade specialist at Lukewei Company, I had the privilege of attending Bauma China in Shanghai, a professional exhibition that brings together the global construction machinery, building materials machinery, mining machinery, engineering vehicles, and equipment industries. Here are my reflections on the exhibition from the perspective of a foreign trade specialist, as well as how it influences my thinking about the future development of our company. 1. Market Insights: Globalization and Localization Go Hand in Hand At Bauma China, I deeply felt the trend of globalization and localization. On one hand, international brands are showcasing their latest technologies in search of global market expansion; on the other hand, local enterprises focus more on product customization according to the needs of the local market. As a foreign trade specialist, I realized that we need to emphasize our international competitiveness while also focusing on meeting the specific needs of customers in different regions when promoting our products. 2. Technological Inspirations: Intelligence and Environmental Protection Intelligence and environmental protection were the two key words at the exhibition. Whether it's snow removal equipment, road cleaning and maintenance equipment, or agricultural and forestry gardening equipment, the industry is moving towards a more intelligent and environmentally friendly direction. This made me realize that we need to pay more attention to the intelligent upgrading and environmental performance of our products to adapt to global market trends in our future business. 3. Competitive Analysis: Differentiation and Innovation At the exhibition, I noticed the products and market strategies of our competitors. This made me realize that we need to focus on product differentiation and innovation. For example, our Snow plow and Snow Blower equipment need innovation in snow removal efficiency and ease of operation; Road Sweeper and plate compactor need improvements in reducing energy consumption and increasing work efficiency. 4. Customer Relationships: Building Trust and Cooperation As a foreign trade specialist, I am well aware of the importance of establishing long-term and stable customer relationships. Bauma China provided a platform for face-to-face communication with existing customers and also gave me the opportunity to meet potential new customers. Through in-depth communication with customers, I gained a better understanding of their needs and expectations, which will help us build trust and cooperation. 5. Action Plan: Integrating Resources and Optimizing Services After visiting Bauma China, I plan to integrate what I have learned and felt into our business. First, I will collaborate with the R&D team to explore how to apply the new technologies from the exhibition to our products. Second, I will work with the marketing department to develop more precise market strategies to meet the needs of customers in different regions. Lastly, I will optimize our customer service processes to improve customer satisfaction. In summary, Bauma China is not only a platform for showcasing the latest technologies and products but also a place for learning and inspiration. As a foreign trade specialist, I will transform the insights from this exhibition into concrete actions to enhance Lukewei Company's competitiveness and influence in the global market.

On November 26, a delegation from the Puyang New Era Entrepreneurs Tsinghua Class visited the Puyang Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC) Meng Lan's Member Studio and inspected Henan Lukewei Road Machinery Manufacturing Co., Ltd. CPPCC Standing Committee member Meng Lan, CPPCC members Zhang Wuling, Zhuang Guanghai, and Xu Min participated along with the entrepreneurs. The inspection team first attended the activities of the Meng Lan Member Studio. Member Meng Lan introduced the significance and direction of the establishment of the studio, explaining its work in "building consensus, collecting public opinion, consulting and deliberating, and serving the people." Member Xu Min introduced the main functions of the member studio. The attending entrepreneurs actively contributed suggestions and had in-depth discussions on how to better leverage the advantages of the member studio to facilitate communication between enterprises and government departments, help enterprises solve practical difficulties, and collect social sentiments and public opinion. At the symposium, Member Meng Lan introduced the future development goals of the studio to the inspection team and provided a detailed account of Lukewei Machinery's development history, main business, and future development plans. The company has always adhered to the development philosophy of "technology innovation and quality first," and has achieved significant results in intelligent manufacturing and green development. The entrepreneurs discussed how to further explore the international market, shared their experiences and practices, and reached a preliminary consensus on establishing a foreign trade information sharing platform. This event provided a good platform for communication and cooperation between enterprises, fully demonstrating the spirit of Puyang entrepreneurs who are brave in innovation and enterprising. Meng Lan's Member Studio will continue to play a bridging role, build consensus for development, gather strength for progress, and demonstrate responsibility. Open cooperation to explore new international routes; pragmatic innovation for new development momentum. Contribute wisdom and strength to promote the high-quality development of Puyang's economy.

Title: The 12th bauma CHINA 2024 Grandly Opens in Shanghai: A World-Class Gathering of Engineering Machinery Industry   Body:   On November 26, 2024, the 12th bauma CHINA kicked off with great fanfare at the Shanghai New International Expo Centre. As the premier event in the global engineering machinery industry, this edition of the exhibition, themed "Chasing Light, Encountering Brilliance," has gathered over 3,400 companies from 32 countries and regions worldwide, with an expected attendance of over 200,000 visitors to this industry spectacle.   On the first day of the exhibition, stepping into the venue felt like entering a vibrant "forest of steel," with the outdoor exhibition area filled with a variety of engineering vehicles, earthmoving machinery, cranes, mining machinery, and other mechanical products. This year's bauma CHINA has specially added a theme for new energy technology display, with Zoomlion showcasing nearly 20 green new energy products, accounting for about a quarter of their exhibit, demonstrating the latest advancements in the application of new energy technology in the engineering machinery industry.   In terms of technological innovation, Yingxuan Heavy Industry, as a leading enterprise in the research and application of new energy loaders, has delivered satisfactory answers to the industry and exhibition visitors through its new energy machinery products. On the first day of the exhibition, Yingxuan Heavy Industry's booth was bustling with crowds, with eye-catching product displays and the hard-core strength of technological research and development, allowing visitors to truly experience the new experience of new energy machinery empowered by intelligent digitalization.   Sany Group, with the theme "New Quality Sany · Global Navigation," presented 141 items of host products and technical solutions from its twelve major host business divisions, offering visitors a cutting-edge feast of engineering machinery. Sany Group will showcase 68 representative host products, covering multiple categories, with a new product rate of 75%, including groundbreaking unmanned concept products.   Additionally, Caterpillar displayed innovative new generation equipment and a rich array of service solutions on a booth spanning over 1,700 square meters, aiming to help customers meet societal infrastructure needs in a sustainable manner.   Henan Lukewei Road Machinery Manufacturing Co., Ltd., a high-tech enterprise specializing in the production and sales of road de-icing, road maintenance equipment, sanitation equipment, and emergency rescue equipment, is also looking for new cooperation opportunities and business expansion at this exhibition. At this exhibition, we not only admired the vast array of majestic large machinery displayed by our old partner Zoomlion, but also walked under the towering jungle of aerial work platforms from Dingli Group, which was nothing short of awe-inspiring. bauma CHINA 2024 is not only a platform for displaying products and technology but also an excellent venue for establishing global connections and seeking cooperation opportunities. As the global engineering machinery industry "chases the new and goes green" and accelerates "going global," Chinese engineering machinery enterprises are unfolding a more magnificent future blueprint on a global scale.   The first day of bauma CHINA 2024 is not only a feast of technological innovation but also an important platform for international cooperation and exchange. As the exhibition progresses, we have reason to believe that our fellow visitors will bring more exciting content about the bauma exhibition and we look forward to them bringing more cooperation opportunities.