MOSCOW TIME: 05.06.2020 12:08:25

Economy

Russian entrepreneurs plan to raise export to China by exploring new regions

Russian entrepreneurs plan to raise export to China by exploring new regions

Russian business aims to expand the zone of realization of goods in China, not settling for the traditional area of marketing in its northern and northeastern parts.

"So far, we have been able to increase the turnover of goods in the places where people already know us - Heihe, Harbin [the Heilongjiang province in Northeast China]. We plan to expand to more southern regions, such as Shanghai, where we will present our companies’ goods," Yakutsk [city in the eastern part of Russia, capital of the Sakha Republic] official Andrey Vladimirov said.

According to him, raw materials from the Sakha Republic are the most in-demand product in China, with tourism taking second place. Other products include goods made from amber and fossil ivory, as well as diamonds, hard liquor, meat and jewelry.

A Russian entrepreneur selling honey noted that he also counts on the consumption potential of eastern, central and southern regions of the country. "This is our first time coming to more southern regions and we hope that our goods will be especially in demand," he said. "Of course, there are many potential partners to the south [of the Heilongjiang province]. Besides, the honey market is less competitive there, and the standard of living is higher."

Source:www.tass.com

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