The pilot of parallel import of automobiles is an important starting point for promoting the structural reform of the supply side of the automobile circulation field. Sun Jiwen, a spokesperson for the Ministry of Commerce, revealed on the 11th that the Ministry of Commerce will evaluate the parallel importation of automobiles, and this year will accelerate the expansion of the pilot, and the expansion of parallel imports of vehicles will help boost domestic consumption and promote trade.

The so-called parallel imported cars refer to the cars that traders purchase from overseas markets and introduce them into the Chinese market without authorization from brand manufacturers, commonly known as “parallel imports”. Since last year, pilot projects for parallel imports of automobiles have been launched in four free trade pilot zones in Shanghai, Tianjin, Fujian and Guangdong. In November 2016, the 7 departments of the Ministry of Commerce and other 7 provinces and municipalities including Sichuan, Xinjiang, Dalian and Ningbo were the second batch of pilots.

"At present, the pilot scope has been expanded to nine provinces and cities (including cities with separate plans), and a series of policies and measures to promote the parallel import of automobiles have been introduced, and the pilot work has achieved good results." Sun Jiwen said.

Statistics show that since the pilot, 89,636 vehicles have been imported in parallel; among them, 26,970 vehicles were imported in parallel from January to April 2017, a year-on-year increase of 1.6 times. In 2016, there were more than 140 parallel imported models, more than 20 more than in 2015, which improved the supply of the automobile market, effectively promoted competition in the automobile market, and played a positive role in guiding the reasonable return of imported cars and even the entire automobile market.

“The current pilot has formed a batch of experience that can be replicated and promoted.” Sun Jiwen said that the summary of the “One Platform and Four Systems” pilot experience is to establish a one-stop public service platform, an international market procurement system, a trade facilitation clearance system, and after-sales. Service security system and government regulatory information system. “One Platform and Four Systems” is a concentrated expression of the pilot reform and innovation experience. It has seized the four key links of supply, customs clearance, after-sales and supervision, innovated the role of the third-party integrated service platform, and supported SMEs to carry out parallel import-related businesses. It has a strong reference for further pilot work.

According to the incomplete statistics of the Securities Times reporters, after the pilot launch, there are 9 projects that directly or indirectly benefit the parallel imported car business. Both the government and the automotive industry hope that parallel imported cars can achieve rapid development by taking advantage of the policy, thus achieving the goal of breaking the monopoly of multinational companies and breaking the profits of imported cars.

Sun Jiwen pointed out that the Ministry of Commerce will actively implement the State Council's deployment requirements for piloting parallel imports of automobiles, improve pilot policies and measures, comprehensively summarize and evaluate the effectiveness of pilot projects, accelerate the experience of copying and promoting pilots, and improve the consumption of automobiles, maintain the stability of foreign trade, and promote the economy. Stable development makes a greater contribution.

For parallel car imports, forward-thinking industry researcher Deng Syan pointed out that the future prospects of parallel imported cars are expected. At present, the unstable quality and insured after-sales service have become the biggest concerns of consumers on parallel imported cars. Many parallel import auto dealers have also begun to work hard to change the status quo. In the future, with the improvement of the Three Guarantees and recalls, the parallel imported automobile market will continue to maintain steady growth. According to the statistics of the Prospective Industry Research Institute, by 2022, China's parallel imports of cars will exceed 350,000.

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