On November 22-23, the 5th anniversary China Business Forum was held in Moscow at Greenwood. The forum was organized for entrepreneurs from small, medium, large businesses, start-ups planning to enter the Chinese market. RAUIE became an information partner of the event. The participants of the business program were heads of Russian business associations, representatives of leading marketplaces and entrepreneurs with many years of successful experience working with China. Speakers included: President of the Union of Chinese Entrepreneurs in Russia, President of Greenwood Zhou Liqun, Chairman of the Russian-Asian Union of Industrialists and Entrepreneurs Vitaly Mankevich, President of OPORA RUSSIA Alexander Kalinin; Vice President of the Russian-Asian Union of Industrialists and Entrepreneurs, Chairman of the Committee on Foreign Economic Activity and Digitalization Anna Fomicheva; Alexey Dukhanin, director for international cooperation at Wildberries.
The Forum discussed practical issues of entrepreneurial activity:
- search and verification of suppliers,
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parallel import,
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building new logistics chains and optimal cooperation schemes,
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work with foreign trading houses and banks,
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efficient use of financial instruments (leasing, loans, cryptocurrency settlements and obtaining loans from foreign banks),
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customs process and taxation,
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features of negotiations, legislation, etc.
Also, attention was paid to working on marketplaces. Those who are just planning to start working with China were told about market trends, algorithms for launching a commodity business and developing their own brand.
Vitaly Mankevich, Chairman of RAUIE: “Today we see good dynamics in the expansion of trade relations between the Russian Federation and China. Already last year, trade between Russia and China reached a record $146 billion. At the moment, Russia and China are aiming to increase trade to $200 billion, and given that in the first quarter of 2022 alone, this figure grew by 28.7% compared to with the same period last year, the prospects are quite good. In the short term, it is often the replacement of shortfalls in imports by supplies from Asia that plays a huge role. However, such an approach is not suitable for the long term, therefore, RAUIE actively promotes the establishment of a strategic parity partnership, the development of the production sector.”
