On December 21,
cooperation agreement was signed between the RAUIE and the Chinese city of Yiwu in Zhejiang province. The agreement provides for the opening of a representative office of the RAUIE in Yiwu in 2020, the provision of preferential treatment for RAUIE members who want to place their offices in Yiwu, a wide range of measures for the development of trade and mutual investments between Russia and Yiwu. The agreement was signed by the vice president of the RAUIE
- Maxim Kuznetsov, and mayor of Yiwu -
Wang Jian.
During the meeting,
Maxim Kuznetsov spoke about the main directions of the RAUIE and the results of the year: “2019 was a year of inter-regional Russian-Chinese cooperation, which in our opinion was very successful. Now the RAUIE members are the governments of 15 regions in the Russian Federation, we are actively cooperating with federal executive bodies, and this helps us to promote the interests of business in the constituent entities of the Russian Federation and in Asia. Our key task is the development of mutually beneficial trade, economic and investment cooperation. The city of Yiwu is a vivid symbol of the success of the policy of "reform and opening-up", and we hope that we can find new points for the development of joint projects between Russia and Yiwu. "
The results of the inter-regional Russian-Chinese cooperation were told by the deputy chairman of the Representative Office of the Vladimir Region
Alexey Palchikov. On the example of his region, he noted the positive dynamics in the development of Russian-Chinese joint projects: “Enterprises built with the participation of Chinese investors are successfully operating in the Vladimir region, and we hope to increase the number of such projects. In particular, the volume of Chinese investments in the creation and development of the metal processing enterprise Rustekhnologii reaches 10 billion rubles over the past 9 years. We see great potential in the implementation of joint projects. ”
Yiwu is a large city in Zhejiang province with a population of 1.7 million people, the main attraction of which is the world's largest market Futien, which is a large base for wholesale purchase. The total area of the permanent market is 6.4 million square meters. According to estimates, the market has 2 million products of various categories. More than 550 thousand foreign buyers visit the Yiwu market annually. Yiwu is famous for the production of souvenirs, consumer goods and leather goods, heavy industry is also developed in the city. The city has a good logistics system, in particular, a direct railway route to Madrid was laid from Yiwu, and the creation of a permanent logistics corridor with Russia is being discussed. Russian entrepreneurs can buy clothes, shoes, leather and fur at the lowest prices in China. In turn, Yiwu is interested in buying grain, dairy products, meat, and confectionery. Important in the cooperation of Yiwu with Russia is a technology transfer and joint research and educational projects.
“Russian entrepreneurs can find a reliable chinese partner in Yiwu. Buying souvenirs, clothes, furs, consumer goods, shoes, and jewelry in China is easier than it seems, especially when there is such a reliable place as the market in Futien. In 2019, the turnover of Yiwu and the Russian Federation showed 20% growth and for the first time in history exceeded $ 650 million compared to $ 540 million in 2018. The main increase in turnover was attributable to clothing and footwear sales, as well as import of agricultural products into Yiwu. ”
The representative office of the RAUIE in Yiwu will allow Russian entrepreneurs to find closer contacts with representatives of business and government in Zhejiang and the people’s government of Yiwu, and find trusted suppliers of goods and buyers. The RAUIE will also organize business missions in Yiwu as well as the reception of delegations from this city in Russia.
