Deputy Director of the China Banking Regulatory Commission, Cong Lin, attends the signing ceremony of the "Second-hand Car Information Service Cooperation Agreement".

Recently, Cong Lin, a member of the Party Committee and deputy director of the China Banking and Insurance Regulatory Commission, attended the signing ceremony of the "Second-hand Car Information Service Cooperation Agreement" between China National Insurance Company and the China International E-commerce Center. The circulation of second-hand cars is a key link in the entire life cycle of automobiles, serving as an important lever for unleashing the potential of car consumption and building an efficient circular market system. Deepening information service cooperation in the second-hand car sector can help improve the transparency and credibility of the second-hand car market, better protect the legitimate rights and interests of consumers, promote second-hand car consumption, and support the coordinated and high-quality development of the insurance and automobile industries. Cong Lin pointed out that second-hand car information services are an important exploration in promoting the empowerment of financial data elements for the real economy. China National Insurance Company and China International E-commerce Center should take this cooperation as a new starting point, focus on leveraging data value, strengthening platform construction, and expanding service outreach in order to promote the improvement of second-hand car information services. By utilizing the value of insurance data for cross-industry applications, they can transform data elements into new driving forces for promoting car circulation consumption.