Hengfeng Auto Life Plaza, next to the Yiwu International Trade City in Zhejiang province, recently held its first Hengfeng auto export trade show, together with a ceremony granting it the title of used car trade cooperation base, according to a China Development Network report on November 10.
Drawing on its industry advantages, the plaza focuses on used car trading, exports and supporting services and, backed by a used car export filing with the Ministry of Commerce, has built a dual export system combining rail and sea freight. The event had a vehicle display area and a main venue: the ground floor showcased popular models suited to domestic and overseas markets, giving buyers a place to inspect cars and negotiate.
The event also hosted a school-enterprise session on going global with country-specific matchmaking, unveiled a plan to build an international youth innovation base at the Yiwu Silk Road College and launched an auto industry alliance to connect talent development with overseas demand. Organiser Chen Jiqing said the site is not simply a car showroom but an outbound platform for China's auto industry, where foreign buyers can pick cars and negotiate prices and domestic dealers and manufacturers can sell steadily around the world.