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The Forum on Business with China: Key Solutions for the Children's Goods and Clothing Industry took place within the conference programme of Mir Detstva 2024 and CJF – Child and Junior Fashion 2024. Autumn at EXPOCENTRE Fairgrounds. The event was organised by EXPOCENTRE in partnership with Sinoruss.   

The forum participants discussed key issues of cooperation with China in the children's goods and clothing industry. Special attention was paid to payments, logistics and organisation of joint ventures in Russia.

According to the event’s moderator, Managing Partner of Sinoruss Consulting Anastasia Valova, today 70% of products on the children's goods and clothing market in Russia are made in China.

“Chinese manufacturers are entering our market. The reasons for this are simple: a wide range of products, close distance, and competitive prices. Therefore, it is quite easy for a Russian entrepreneur to find a Chinese supplier and agree on cooperation,” said Anastasia Valova.

The forum included three sessions. The first one was devoted to payments to China. It gave a detailed overview of modern methods and tools for making payments to China, including the possibilities of using national currencies and alternative systems. The second one was about logistics of goods from China. Its participants talked about the current routes of delivery of goods from China to Russia, as well as the existing logistics infrastructure. The third and final one was devoted to organissation of joint ventures between Russia and China in Russia. It was devoted to the benefits of joint ventures between Russian and Chinese companies, including access to new markets, technology and knowledge sharing.

Press Service, EXPOCENTRE AO