Shenzhen launched a new program in Qianhai special economic zone on Monday aimed at boosting new energy vehicle (EV) exports to Hong Kong.
Under the program, domestically manufactured EV will be eligible for pre-import and vehicle qualification approvals from Hong Kong customs and relevant government departments while still in Shenzhen’s special regulatory area, without leaving the Chinese mainland.
Following the completion of preliminary approvals by Hong Kong authorities, the vehicles will be cleared for export, allowing for rapid on-road transport and quick registration upon arrival.
The initiative marks streamlined collaboration between Shenzhen and Hong Kong customs to promote cross-border trade and address logistical bottlenecks. By moving storage and pre-approval processes to the Qianhai free trade zone, the program is expected to save businesses hundreds of millions of yuan annually.
“We are providing point-to-point services for EV exporters, with dedicated personnel to review documentation and guide companies in proper submissions, thus reducing review times,” said Zhou Haiyu, an official from Shenzhen Customs.
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Ouyang Xiaocheng, sales director of the Asia-Pacific automotive sales division at Shenhzen-based EV maker BYD, said the new program is expected to play a critical role in optimizing the supply chain for the Hong Kong market.
“The initiative alleviates space constraints and high operational costs in Hong Kong, enabling swift vehicle registration that saves over 70 percent in storage time and expenses in Hong Kong compared to traditional methods,” he said.
