Guangdong encourages banking institutions to develop financial products for second-hand car export enterprises.

Recently, the Department of Commerce of Guangdong Province and 11 other departments issued the "Measures to Strengthen the Management of Second-hand Car Export in Guangdong Province", which proposes increasing financial support. Encouraging banking institutions to develop financial products for second-hand car export enterprises, make good use of financial support policies such as interest subsidies for loans to small and medium-sized enterprises, and special guarantee programs for private sector investments, and increase financial support to further improve the convenience of settlement for second-hand car exports.