In China, will open 300 stores with Russian products

Home page News In China, will open 300 stores with Russian products
In China, 300 stores with Russian products will open. This was stated by TASS Zhan Ming, Secretary General of the Russian Center for the Chinese Association for the Development of Enterprises Abroad (CODARC).

"At first we wanted only to track the quality of Russian products entering the Chinese market. But when we faced a lot of counterfeits, we decided to supply Russian products ourselves, "explained the Secretary General of CODARC.

This year the store will open in Harbin, in 2017 - in Beijing. In the future, opening of 300 stores is planned throughout China, including in Shanghai, Guangzhou, Shenzhen.

The first store with Russian products opened in May this year in Heihe City, Heilongjiang Province. His assortment is 40% confectionery. Popular in the store use flour, butter. For the second month of work, the sales volume in the store amounted to 40 million rubles.

Zhang Ming said that now CODARC plans to attract a solid Russian company to the project, with which Russian manufacturers would like to work. In 2018, CODARC will create a fund of 20 billion yuan ($ 150 million) for investment in short-term projects in Russia.

In 2014, from Russia to China, 0.85 million tons of food products were exported, in 2015 - 1.28 million tons of products. Despite the development of relations between countries, Russia is not the main trading partner of China. In 2015, the main suppliers of products to China were the United States, Thailand, Brazil, France.

Now in the Southern Urals, a joint Russian-Chinese enterprise, the Russian Food Court, is being set up. Its products are pasta, flour, cereals and other food products. They will be supplied to the four largest hypermarkets in China, in which the free trade zone operates (customs fees are set to zero).

In autumn, Russia will resume shipments to China of poultry meat, which were banned for 10 years because of bird flu.

Among the Russian food products supplied to China, fish and seafood are popular.