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BUCE starts cooperating with a major Chinese e-commerce platform

01/29/2024

BUCE has partnered up with OSell Group which runs several electronic B2B platforms for Chinese manufacturers seeking to enter foreign markets. OSell Group’s digital ecosystem is currently used by thousands of companies from various sectors of economy. By joining forces with BUCE OSell Group plans to involve Chinese small and medium size businesses in cross-border trading on BUCE’s electronic marketplace. 

BUCE starts cooperating with a major Chinese e-commerce platform

BUCE starts cooperating with a major Chinese e-commerce platform

A round table meeting in Wuxi targeted at the Jiangsu Province business community became the first joint event held as part of BUCE and OSell Group collaboration. The attendees discussed the possibility of leveraging BUCE’s tools to sell products manufactured by Jiangsu Province enterprises as well as the possibility of promoting Belarusian goods in China through BUCE.

BUCE starts cooperating with a major Chinese e-commerce platform

According to Aleksei Dykusha, head of BUCE Shanghai office, the exchange is interested in expanding the pool of Chinese manufacturers on its trading platform and is ready to assist any enterprise that would like to sell its products on the Belarusian market.BUCE starts cooperating with a major Chinese e-commerce platform

“Industrial and consumer goods is among the most robustly developing segments of the exchange market that grew 1.7 times in volume last year. In this respect it is worth mentioning that goods from China were highly sought after by traders being just as popular as products made in Belarus and Russia. Therefore, we are doing our best to bring more Chinese suppliers to BUCE and have even accredited an additional exchange broker in China to help us with this task. The broker will work primarily with small and medium-sized businesses. Given the high level of economic development and significant export potential of Jiangsu Province, local enterprises will be able to quickly find partners among almost nearly 26000 companies from Belarus that use BUCE,” Aleksei Dykusha said.

BUCE Shanghai office in opened in 2023 in a bid to bring more Chinese companies to the exchange platform, promote Belarusian goods in China and facilitate imports of Chinese products to Belarus. Thanks to Shanghai office 19 new companies from the People's Republic of China joined BUCE last year, including one exchange broker. 

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