MINSK, 15 October (BelTA) – Cross-border e-commerce is a new mechanism for promoting Belarusian products on the Chinese market, Belarus' Deputy Economy Minister Anzhelika Nikitina said in her video address to participants of the forum on new models of foreign trade that is taking place on the sidelines of the 130th Canton Fair (Guangzhou, China), BelTA learned from the press service of the Economy Ministry.
Anzhelika Nikitina noted that China became the second biggest trading partner of Belarus. “Our export to the Chinese market is on a steady growth track. In January-August this year it grew by 20% year-on-year. We hope for successful development of cross-border e-commerce in our country, including in collaboration with the largest Chinese platforms. The potential of this type of trade in Belarus is yet untapped. This is a new mechanism for us to promote Belarusian products on the Chinese market,” the deputy minister said.
Canton Fair (China Import and Export Trade Fair) is a comprehensive international trading event with the largest buyer attendance and the greatest business turnover in China. All in all, 129 sessions of the fair were held, which helped establish trade relations between China and more than 220 countries and regions of the world.