MOFCOM and eight other ministries issued measures to boost China’s auto after-market consumption, prioritizing upgrades in the car-rental sector. The plan calls for deeper integration between rental firms and the auto industry via centralized procurement, buybacks, used-car dealerships and exports. Eligible car-rental companies and battery operators will be supported to receive loan interest subsidies. Authorities also encourage brand, chain and scale expansion of rental firms, wider small-passe

2026-06-23

MOFCOM and eight other ministries issued measures to boost China’s auto after-market consumption, prioritizing upgrades in the car-rental sector. The plan calls for deeper integration between rental firms and the auto industry via centralized procurement, buybacks, used-car dealerships and exports. Eligible car-rental companies and battery operators will be supported to receive loan interest subsidies. Authorities also encourage brand, chain and scale expansion of rental firms, wider small-passenger car rental networks, and service innovations such as cross-city returns, rent-to-own models and auto-rental insurance product development to reduce consumer car-use costs.