Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

E-commerce facility enhances cross-border trade between Russia, China

byCustoms Today Report
16/10/2015
in Latest News
Share on FacebookShare on Twitter

HARBIN: E-commerce has facilitated cross-border trade between China and Russia, bringing cheaper Russian goods, especially food, to Chinese doorsteps, quicker than ever before.

During the second China-Russia expo in Harbin, Northeast China’s Heilongjiang province, organic Russian food such as flour, honey, beer, vegetable oil and fruit juice featured prominently.

You might also like

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

25/07/2026

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

25/07/2026

Heilongjiang, which shares a 3,000-km border with the neighboring country, is an important gateway to Russia.

Goods from Russia enjoy a “one-stop customs clearance” service in Heilongjiang’s city Suifenhe, and can be in China within two hours, according to Wang Jianpeng, general manager of Eshanghui, a private Russian food e-commerce firm.

Wang was at the expo, which attracted nearly 10,000 businessmen from 103 countries and regions this year, promoting his Wechat account.

Organic Russian food enjoys huge popularity in China, said Wang.

“Our Wechat platform was launched mid-September, and we now boast more than 800 traders distributing Russian goods. Our daily-sales volume hit more than 100,000 yuan ($15,762) within 10 days,” Wang said.

There are many other merchants distributing Russian goods from Suifenhe, hopefully organic Russian food would be available to all Chinese customers within the next five years, Wang added.

China remained Russia’s largest trade partner for the fifth year in 2014, while Russia is China’s ninth-largest trade partner.

Bilateral trade rose 6.8 percent from the previous year to a record high of $95.28 billion in 2014. Twenty years ago, it was less than $7 billion.

Russia has become the most attractive overseas market in the world for China’s e-commerce companies, said Jiang Zhenjun, a Russian studies expert at Heilongjiang University, at a seminar that was part of the expo.

During “Singles’ Day”, the global shopping promotion by Chinese e-commerce giant Alibaba.com, on Nov 11 last year, Russian customers purchased the largest amount of goods in the world, according to Jiang.

Related Stories

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

byCT Report
25/07/2026

GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

byCT Report
25/07/2026

LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...

SBP foreign exchange reserves increase by $33m

byCT Report
25/07/2026

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...

New Finance Act rule forces businesses to get FBR-verified invoice numbers

byCT Report
25/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...

Next Post

Indian trade deficit with China to record level in 2015

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.