The China business center mostly concentrates on the following directions:

• promotion of goods from Chinese producers and suppliers to the Russian market;
• looking for counterparties and investors from China in order to find solutions for production, trade and procurement, transport and logistic problems of Russian enterprises;
• display of innovative developments and production from China in Russia;
• holding events such as exhibitions and congresses;
• creating a trust platform – a special place with a unique atmosphere of China, which would help visitors get more acquainted with cultural, medical and some other traditions of the country.

For the recent years economic cooperation between Russia and China has come to a new level, according to indices of trade relationships between two countries. Another important tendency is the increase in business activity of China on the Russian exhibition market: 965 exhibitions in Russia hosted 26 798 foreign exponents.

Activity of China in exhibition projects of «ExpoForum International» company is widely diverse. It includes shipbuilding industry, production sector, energetics, zoo business. As a perspective, further cooperation may be directed to social sector and bioindustry.

Increasing growth rates of cooperation have become the base to reach a new level — establishment of the platform for regular business contacts among representatives of business and authorities from both countries. The project of the China business center is supposed to become this platform.
On November 25, 2014 within the framework of the IV Russian-Chinese forum «Business with China» there was signed a memorandum on establishment of the China Business Center, which is already known as a «Chinese house». Strategic partners were China association in St. Petersburg, St. Petersburg State Economic University and «Vector-expo» company.
The China Business Center celebrated its Grand Opening on March 7, 2015 within the framework of the Festival of Chinese Culture. This event, together with a range of Russian-Chinese cultural events planned, has become an essential part of center’s activity. The opening ceremony was visited not only by St. Petersburg residents, but also by representatives of the city executive authorities, PRC General Consulate, as well as representatives of business community.