Economy > Trade

China CNCA streamlines rules to facilitate auto parallel imports

BEIJING
2015-12-31 10:05

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The Certification and Accreditation Administration of China (CNCA) said Thursday that it would offer more incentives and streamline rules to facilitate auto parallel imports in free trade zones nationwide.

China's auto parallel imports maintained stable growth in 2015 while the country's overall imports of automobiles have seen a sharp decline. It's estimated that auto parallel imports will account for about 10 percent of China's total auto imports in 2015, up from 8 percent in 2014.

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