CRI听力:Shanghai Allows 17 Dealers to Import Cars directly from Overseas

Orders for new vehicles are already being taken by the 17 car dealers who have been given approval to sell cars imported into the Shanghai Free Trade Zone.

These dealers are being allowed to sell vehicles under the so-called "parallel import scheme."

The program allows dealers to avoid purchasing their vehicles from 3rd-party import collectives, which are all controlled by the automakers themselves.

In theory, the new program should make the vehicles 10-percent cheaper to purchase.

For more on the program, we're now joined live by CRI's Financial Commentator Cao Can.