On 27 November 2025, the tenth Russia–Belarus business salon in the Shenzhen State-owned Capital Science and Technology Dialogue series was held at the Shenzhen State-owned Enterprises Industrial Innovation Centre. The event was hosted by Shenzhen–Hong Kong Science and Technology Innovation Cooperation Zone Development Co., Ltd., organised by the Shenzhen Virtual University Park Technology Transfer Promotion Association, and co-organised by Shenzhen Pengxi Education Consulting Co., Ltd. Discussions covered China–Belarus cooperation, investment in Eurasian markets and compliance in overseas operations.

Participants included Hu Zheng, the first Chief Executive Officer of the China–Belarus Great Stone Industrial Park and former Vice President of China Merchants Group; Yu Haichun, Dean of the Shenzhen Research Institute of the University of International Business and Economics; and Lu Shunxiang, Executive President of the association. More than 60 representatives attended from Shenzhen state-owned enterprises, universities, research institutes, industry associations and businesses expanding overseas.

Dandan Fei, Executive Secretary-General and Chief Legal Counsel of the association and a partner at Guantao Law Firm’s Shenzhen office, moderated the event and introduced the background to China–Belarus cooperation and business expansion into Russian and Belarusian markets. Fei previously served as Deputy CEO of a state-owned cross-border investment platform.

Industrial-park development and cross-border compliance

In his presentation on Belarus and the China–Belarus Industrial Park, Hu Zheng outlined the park’s development, industrial priorities and policy framework. He reported that the park covered a planned area of 91.5 square kilometres and had attracted 159 companies in sectors including machinery, electronics and biomedicine. He also discussed tax, customs and foreign-exchange policies, together with planned rail infrastructure.

Yu Haichun addressed compliance risks for Chinese companies entering Russia, including the effects of sanctions, market-entry restrictions and intellectual-property protection. He recommended due diligence before transactions and careful consideration of sanctions clauses and dispute-resolution arrangements, with compliance review integrated into overseas operations.

E-commerce opportunities and business cooperation

Jane Li, Senior Manager at Ozon Global, presented developments in Russia’s e-commerce market and routes for Chinese businesses to participate. Drawing on the platform’s operations, she discussed product categories, supply-chain responsiveness and logistics services.

Lu Shunxiang outlined plans for a Russia–Belarus business delegation scheduled to begin on 20 December 2025. The proposed visits to Moscow, St Petersburg and Minsk included trade platforms, business associations, the Great Stone Industrial Park and research institutions, to explore market conditions and opportunities for university–industry cooperation.

Discussion of practical business needs

Other participants included Mu Weifeng, Deputy Dean of the Shenzhen Research Institute of Zhejiang University; Chen Keyong, Chairman of Bikesi Group; and Zhang Qilong, General Manager of Shenkegang (Shenzhen) Venture Capital Co., Ltd. During the open discussion, representatives exchanged views on entry procedures for the Great Stone Industrial Park, Russian data-compliance requirements, cross-border payments and settlement, and practical approaches to risk prevention.

The tenth Russia–Belarus business salon
The tenth Russia–Belarus business salon
Participants discussing overseas business issues
Participants discussing overseas business issues

This was the first event in the series dedicated to Belarus and Russian-speaking markets. Policy briefings, professional presentations and discussion provided a forum for businesses, universities and professional advisers to exchange information and explore cooperation.

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