A program to find suppliers from China has been launched in Russia against the backdrop of Western sanctions. This was announced by the chairman of the Russian-Asian Union of Industrialists and Entrepreneurs Vitaly Mankevich.
According to him, this program is necessary for the functioning of small and medium-sized businesses after the sanctions imposed by the West. In addition, after the start of a special military operation (SVO) in Ukraine, more than 300 companies left Russia.
Mankiewicz said that the innovation will help entrepreneurs buy goods from China, deliver them and distribute them, and partner banks will deal with payments. The program is mainly aimed at replacing industrial equipment, chemical raw materials, components and semiconductor products.
The Chairman of the Russian-Asian Union of Industrialists and Entrepreneurs added that the program is useful not only for Russian companies, but also for Chinese ones, as it is a convenient way to enter the market in Russia.