Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, May 13 (Xinhua) — Since the beginning of this year, Chinese-Russian border trade in the city of Manzhouli has brought in 1 million yuan in revenue for local residents, the city’s people’s government said on Thursday.
Manzhouli City, Inner Mongolia Autonomous Region, is located on the border with Russia’s Zabaikalsky Krai. It has a road and railway checkpoint. The local China-Russia Mutual Trade Zone is an important platform for expanding the city’s openness to the outside world. The trading platform in the zone was put into operation in 2016.
According to current regulations, the value of tax-free goods purchased in the designated area must not exceed 8,000 yuan per person per day. In addition to meeting their own needs, local residents can also resell these goods on the domestic market.
Local residents are reportedly actively expanding channels for importing goods from Russia and reselling them in China. The most popular Russian goods are consumer goods, handicrafts and agricultural products, including chumiza, flax seeds, sunflower seeds, etc. -0-